MVL DePIN
In the MVL ecosystem, massive amounts of data are generated in real time.
The Ride-Hailing service generates real-time trip data such as trip engagement numbers, payment information, and travel routes for 260,000 drivers and 2.5 million riders. The E-Vehicle and Bike service manages life cycle data directly related to the HW of the vehicle, such as vehicle production, driving, maintenance, and battery replacement, and additional service data such as owners, drivers, and financing. The Energy Infra services records life cycle data such as the real-time location of 16 charging stations and 3,000 replaceable batteries, the remaining charge capacity and frequency, and the remaining lifespan.
These data are created with MVL ecosystem participants.
Mobility services in the MVL ecosystem provide various incentive programs for participants. Incentive protocols can improve the service quality of drivers and increase the service experience of passengers. In addition, it is effective in improving strategic services, such as targeting improvement of passenger reuse rate or resolving the demand-supply imbalance at a specific time.
In particular, incentive strategies that take into account service growth stages and demand-supply status have contributed significantly to TADA's explosive growth.
Users receive token incentives based on their contribution through the Clutch wallet connected to TADA and ONiON. This MVL incentive system is operated transparently and reliably using blockchain technology.
MVL uses DePIN to create new services.
These TADA's DePIN data not only improves the quality of mobility services, but also creates added value by combining them with data from other fields. For example, when combined with map data, the accuracy of mobility services and matching ratios are improved by identifying the location of major calls and traffic patterns by time.
In addition, MVL provides MVL RWA services through DePIN data. MVL RWA comes in the form of NFTs. These NFTs are actually real-life, assetized electric vehicles operating in Southeast Asia. Owning NFTs will return the vehicle rights and income generated from the electric vehicles to the owners. MVL allocates drivers with high creditworthiness through DePIN and vast TADA data, and allows for rapid driver replacement in the event of an emergency.
In particular, Web3 is an area where added value can be easily created through data fusion, so MVL DePIN's mobility network data is expected to gradually increase in utilization in the future.
In the future, we will combine DePIN data with data from various fields to build more useful and innovative services.
More details are available on the site below.
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