MVL Ecosystem (MVL ECO) creates a variety of reward systems to encourage participation of many participants such as individuals, maintenance personnel, traders, and drivers who record a certain part of the vehicle life cycle. As a reward for keeping active participants fully compensated and encouraging them to keep accurate records, we provide MVL Points (MVP) according to the degree of contribution. Participants will obtain certain MVL points (MVP) according to their respective participation methods (driving, maintenance, rental), and MVL points (MVP) can be used as a means of promotion for various business operators, and can also be converted into MVL tokens (MVL).
MVL tokens (MVL) can be used for services such as businesses operated by ecosystem participants, vehicle maintenance, car rental, refueling, etc., and can also be converted on exchanges. Unlike in the past, car owners who continuously record vehicle data can get rid of the transaction method of completely relying on dealer intermediaries, and can sell their vehicles in the used car market at a satisfactory price. The recorded driving, accident, and maintenance data can also be sold to self-driving car companies and insurance companies that need the data to obtain additional income.