Hello,dear subscribers, today i gonna discuss with you MVLChain ICO project.
MVL Chain
Every day we are faced with the fact that the market again comes out with dozens of new ICOs and each time they all look alike, they have similar ideas and it is not clear whether the product is genuine or not.
Last time it's harder to see project with orginal idea. But nevertheless there are some unique projects, and they creates desire to watch, to be a part of them, a spark and the desire to invest in them appears and you want to participate in development. Today this article about such kind of a big project.
We are delighted to see how the crypto industry is slowly but surely penetrating many areas of our life, there are already a lot of technologies that affected medicine, advertising, electronic payments,cloud storage, AI. Today we will talk about the implementation of blockchain technology in the car industry market.
A lot of us know, that there are a lot of mobile taxi services around the world, such as Uber in USA, Yandex.Taxi in Russia, Didi service in China, Kakao T in South Korea. What prevents us from combining them in one application, connecting all this services with a common agreement? o companies could get additional customers by helping each other at different points of the globe. But if you thought that the goal of MVL is to create a taxi application that unites everyone, you are mistaken. MVL - intends to turn all existing transport industry.
The aim of Mass Vehicle Ledger is creation of a unique transport ecosystem that would eliminate all the existing problems that we face when buying / selling and using cars. The company intends to introduce blockchain technology into its business, create an DApp and database using blokchain technology, create wallet and combine all this in one ecosystem. Let's look how it will work in details:
• Buying a new car. When buying a car, the data about it will be entered into the system and stored in the database, for further processing and usage, car will have already preinstalled unique wallet. Car sellers will receive tokens for selling such cars and for referring new customers.
• During "drive phase" , some data will be collected, for example, mileage, by using GPS trackers and the system used by MVL to determine the reliability of the data. Also considered the possibility of concluding agreements on the promotion of car refuellings and car washes. Data by these services will be encouraged by the company in the form of tokens, and the user will receive certain bonuses for using exactly these services, such as discounts on fuel, parts,car repair or car washing.
• During the insurance moments or repair of the car, car status is updated, and the system redefines the value of the car. You cansay that the user can simply cheat the system by paying more to insurers or repair services, but the company intends to introduce reward system. Users evaluate repair services and repair services receive tokens for using the ecosystem, as well as for their rating. Insurers will also receive tokens for registering and updating data in the ecosystem.
• When the owner wants to sell the car, the data from the ecosystem will be presented to the buyer and all information about insurance, repairs, refueling, mileage will be visible and he will be able to see the real condition and cost of the car on the basis of transparent data.
• When the car becomes unserviceable, all of its information will be collected in a separate block for future research and analysis. The profit from the sale of such data will be distributed among the participants involved in the "life" of this car.
As a result, all participants will get profit, from using the service, by receiving bonuses from its use and in addition, all services are combined into one that creates convenience for customers, sellers and buyers, and for different car service providers. But this is not all. The company adheres to the policy of a bad / good cop. We all know about fines for violation of traffic rules, but no one ever appreciates safe driving and does not want to encourage it. The company intends to pay tokens to its users for rating and safe driving. As for me the idea is real and deserves attention.
About ICO
ICO project will be divided into 4 parts: First - pre-sale from 4th of April till 2nd of May , 2018, with a 25% bonus and with freeze of bonus tokens for 3 months. The second pre-sale phase starts from 3rd May and ends on 11th May 2018, with a 15% bonus and 20% bonus in the first 48 hours of purchasing tokens, as well as the freezing of bonus tokens for 3 months. The main sale will be from May 15th till May 24th, 2018, with a 5% bonus, for those who will purchase tokens in the first 48 hours. And also private sale, with TBA schedule, and 50% bonus and freeze bonus bonus for 6 months. To participate in the ICO project, the KYC (know your customer) procedure is required.
| Project | MVL Chain |
|---|
| Platform | Ethereum |
| Token type | ERC20 |
| Ticker | MVL |
| Total tokens | 30 000 000 000 MVL |
| Available for Token Sale | 8 700 000 000 MVL |
| Soft cap | 1 500 000 000 MVL |
| Hard cap | 8 700 000 000 MVL |
| Accepting | ETH |
| Price | 1 ETH = 240 000 MVL |
| Min investment | 0.1 ETH |
| Max investment | 100 ETH |
Token distribution
Team
B.S. in Electrical & Computer Engineering,
Seoul National University
B.S. in Mathmatics/B.S. Economics,
State University of New York Binghamton
M.A in Statistics , Columbia University
Founder of easi6
B.S. in Environment Material Science,
Seoul National University
Master of Business, KAIST
VC at LB investment
Business Dev. at NAVER
B.S. in Environment Material Science,
Seoul National University
Master of Business, KAIST
VC at LB investment
Business Dev. at NAVER
B.S. in Psychology, Binghamton University
Founder of TTechnica
B.S. in Computer Science & Engineering,
Seoul National University
Software Developer at Simplex Internet
Software Developer at BluePepper
B.S. in Electrical & Computer Engineering,
Seoul National University
Software Developer at Mozzet
Hansei Cyber Security High School
Software Developer at easi6
B.A. in Communication,
Seoul National University
A.E at Mins Communication
B.A. in Malay-Indonesian interpreting and translation,
Hankuk University of Foreign Studies
Sales & Marketing at Hankuk Ceramic
General Controller at Samheung Indonesia
Product MGR at Sung Shin Indonesia
B.S. in Landscape Architecture,
Seoul National University
Global Business Team at CMS Edu
Economics, Yonsei University
Sales Manager at easi6
B.A. in Communication & Corporate PR,
Drexel University & The University of Hong Kong
Marketing & Operations at Blue Startups
Business Analyst at Global Sources
Head of Marketing & PR at VietChallenge
B.A. in Visual Communication Design,
Kyonggi University
UX Design Team at the dna
B.A. in Product Design,
Hongik University
Product design at Doctor Noah
Market Brand design at ACE
Сonclusion
In conclusion, wanted to say about fresh idea and scale of the project. The project aims at improving of the future through the introduction of blockchain technologies in new sphere. I am sure that the goverment will support the project and it will receive wide publicity and will soon become a worldwide one. And in the near future we will be able to use the smartest application with such wide functionality. And with you was BestICOReviews Blog and today we got informed about the project which combines all the services for using the car from A to Z. I hope you were also interested, as well as me, Thanks for reading,hope see you again reading my blog!
Author : LesyaMoryana
Bitcointalk profile:
https://bitcointalk.org/index.php?action=profile;u=1897035
ETH address:
0xFF6615d1736De928A1A2115035964E3Ec3A5A76C
