Home / Tech & Startup News / MVL Launches NFTs Based On Self-Producing E-TukTuks

MVL Launches NFTs Based On Self-Producing E-TukTuks

MVL (MVL Foundation Pte. Ltd) which operates blockchain-based zero-commission ride-hailing service TADA in Singapore and across Southeast Asia, has announced the first mint of their NFT project ‘DEMO’.

The DEMO NFT is based on the ONiON T1, an electric tricycle (E-Tuktuk) that MVL is currently producing and selling in Southeast Asia. In synchronicity with MVL’s actual E-Tuktuk production plan, a total of 5,000 NFTs will be released this year, of which 500 are being distributed in the first mint.

The unique aspect of a direct linkage with real-world mobility data that MVL’s NFT offers sets it starkly apart in the sea of NFT projects in the market, the majority of which largely operate solely in the metaverse. The DEMO NFT transcends the gap between real-life and the metaverse, as it is based on an actual business — MVL’s E-Tuktuks.

Connected in a 1:1 ratio to data from the e-tuktuks generated in MVL’s mobility ecosystem, the NFT reimagines vehicle ownership by attaching new values to vehicles while also providing NFT owners with benefits beyond just owning a unique digital token.

“Traditionally, vehicles have been viewed as assets that depreciate over time, but if NFTs enable vehicle data to be utilized in various services, they may generate new values for vehicle ownership,” said Kay Woo, CEO of MVL.

“The goal is to build a global community that brings together users from Singapore, Korea and other countries by turning the electric vehicle, which is MVL’s actual business result, into an NFT,” he said.

Images of DEMO’s NFTs

The NFT project will further bridge the gap between real and virtual by utilizing actual vehicle data in its metaverse services. Further, advertisements and banner installation events for actual vehicles are also in the works. NFT owners will gain exclusive benefits such as items related to actual vehicle data in its games and metaverse services. Rewards for community members, mini-games, and their worldview are also provided.

MVL’s NFT project aims to revolutionise vehicle valuation and detailed information can be found in Gitbook: https://docs.demonion.io. Additionally, individuals can participate in the NFT minting event through their Discord community from 15 March onwards. 

Did You Know?

NFT stands for non-fungible token and is a non-interchangeable unit of data stored on a blockchain, which cannot be altered or falsified. By minting an NFT, digital files are converted into crypto collections or digital assets, which are then stored on the blockchain. 

About MVL

MVL is a blockchain-based mobility ecosystem that began in 2018, aiming for Web 3 mobility that provides incentives for the value created by ecosystem participants. Since its establishment in 2018, millions of participants have been active in the MVL ecosystem based on the growth of real businesses such as TADA, a ride-hailing service, and ONiON, which generates electric vehicles. This year, it plans to launch a separate wallet to strengthen the connection between honest business and blockchain and implement various blockchain services such as NFT and games.

About TADA

TADA is a ride-hailing service operated by MVL Foundation in Singapore, Vietnam, and Cambodia. It is the world’s first ride-hailing service to apply blockchain and drivers operate on a zero-commission policy alongside provision of incentive points as data accumulates. TADA was first launched in Singapore on July 26th, 2018. Followed by Singapore, TADA was also launched in Cambodia on the 20th of December 2018 and Ho Chi Minh, Vietnam on the 21st of January 2019.

368 thoughts on “MVL Launches NFTs Based On Self-Producing E-TukTuks

  1. Wow, amazing weblog format! How lengthy have
    you ever been running a blog for? you made blogging glance easy.
    The full glance of your web site is fantastic, let alone the content material!
    You can see similar here sklep internetowy

  2. An impressive share! I’ve just forwarded this onto a
    coworker who had been conducting a little research on this.
    And he actually bought me breakfast because I found it
    for him… lol. So let me reword this…. Thanks for the meal!!
    But yeah, thanx for spending time to discuss this topic here on your web site.
    I saw similar here: Sklep internetowy

  3. What’s Going down i’m new to this, I stumbled upon this
    I have found It positively helpful and it has helped me out loads.
    I hope to give a contribution & assist other customers like its aided
    me. Great job. I saw similar here: Dobry sklep

  4. Hello there! Do you know if they make any
    plugins to assist with SEO? I’m trying to get my blog to rank for some targeted
    keywords but I’m not seeing very good gains.
    If you know of any please share. Thanks! You can read
    similar blog here: E-commerce

  5. Hi there! Do you know if they make any plugins to help with Search
    Engine Optimization? I’m trying to get my
    blog to rank for some targeted keywords but I’m not seeing very good
    success. If you know of any please share. Thanks!
    You can read similar text here: Najlepszy sklep

  6. Good day! Do you know if they make any plugins to help with SEO?
    I’m trying to get my site to rank for some
    targeted keywords but I’m not seeing very good results.
    If you know of any please share. Cheers! I
    saw similar text here: Backlink Building

  7. Hello.

    This post was created with XRumer 23 StrongAI.

    Good luck 🙂

  8. Hello!

    This post was created with XRumer 23 StrongAI.

    Good luck 🙂

  9. Your blog is a wealth of information. I always learn something new from your posts. This one was particularly enlightening. Great job!blogpulse

  10. There are some interesting cut-off dates in this article but I don’t know if I see all of them heart to heart. There may be some validity however I’ll take maintain opinion until I look into it further. Good article , thanks and we want more! Added to FeedBurner as nicely

  11. An intriguing discussion may be worth comment. I’m sure you should write much more about this topic, may well be described as a taboo subject but generally folks are too little to chat on such topics. An additional. Cheers

  12. My spouse and I absolutely love your blog and find nearly all of your post’s to be precisely what I’m looking for. Would you offer guest writers to write content for you? I wouldn’t mind producing a post or elaborating on a few of the subjects you write about here. Again, awesome site!

  13. Oh my goodness! an incredible article dude. Thanks a ton However My business is experiencing problem with ur rss . Do not know why Not able to subscribe to it. Can there be everyone obtaining identical rss dilemma? Anyone who knows kindly respond. Thnkx

  14. Can I recently say such a relief to find somebody that truly knows what theyre referring to on-line. You certainly have learned to bring a concern to light making it essential. The diet have to ought to see this and appreciate this side on the story. I cant think youre less common because you certainly have the gift.

  15. I discovered your site website on bing and appearance many of your early posts. Preserve within the really good operate. I just now extra increase Rss to my MSN News Reader. Seeking forward to reading much more of your stuff afterwards!…

  16. This design is spectacular! You definitely know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Fantastic job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!

  17. I loved as much as you’ll obtain performed right here. The caricature is attractive, your authored material stylish. however, you command get got an impatience over that you wish be turning in the following. ill surely come further formerly once more since precisely the similar nearly a lot frequently within case you protect this increase.

  18. Attractive section of content. I just stumbled upon your weblog and in accession capital to assert that I get in fact enjoyed account your blog posts. Anyway I’ll be subscribing to your augment and even I achievement you access consistently fast.

  19. This is a appropriate blog for anybody who hopes to be familiar with this topic. You realize a whole lot its almost tough to argue with you (not that I personally would want…HaHa). You definitely put a different spin using a topic thats been discussing for decades. Great stuff, just wonderful!

  20. This is a truly good site post. Not too many people would actually, the way you just did. I am really impressed that there is so much information about this subject that have been uncovered and you’ve done your best, with so much class. If wanted to know more about green smoke reviews, than by all means come in and check our stuff. [Reply]

  21. It is really a nice and useful piece of info. I’m glad that you shared this helpful info with us. Please stay us up to date like this. Thank you for sharing.

  22. I’m impressed, I must say. Actually rarely can i encounter a blog that’s both educative and entertaining, and let me tell you, you could have hit the nail to the head. Your concept is outstanding; the thing is an issue that inadequate consumers are speaking intelligently about. We’re very happy which i came across this inside my search for something concerning this.

  23. As far as me being a member here, I wasn’t aware that I was a member for any days, actually. When the article was published I received a username and password, so that I could participate in the discussion of the post, That would explain me stumbuling upon this post. But we’re certainly all intellectuals.

  24. When do you think this Real Estate market will go back in a positive direction? Or is it still too early to tell? We are seeing a lot of housing foreclosures in Orlando Florida. What about you? I would love to get your feedback on this.

  25. Very good document! Website owners demonstrated often the checking out. I’m hoping to share a little more of your stuff. My partner and i that you’ve superb perception and thus ideas. I’m now strongly fulfilled just for this specifics.

  26. I and also my buddies were found to be reviewing the excellent tips and tricks on your site and so suddenly I got an awful suspicion I never expressed respect to the web site owner for those tips. All the young boys were as a consequence excited to study all of them and have absolutely been taking advantage of them. We appreciate you getting so helpful and then for figuring out these kinds of ideal subject matter millions of individuals are really eager to discover. Our own sincere apologies for not saying thanks to you sooner.

  27. When I originally commented I clicked the -Notify me when new surveys are added- checkbox and today whenever a comment is added I purchase four emails using the same comment. Will there be any way you may remove me from that service? Thanks!

  28. Normally I do not read article on blogs, but I would like to say that this write-up very forced me to try and do it! Your writing style has been surprised me. Thanks, quite nice article.

  29. Awesome blog you have here but I was wondering if you knew of any forums that cover the same topics talked about here? I’d really like to be a part of group where I can get suggestions from other experienced people that share the same interest. If you have any recommendations, please let me know. Bless you!

  30. What your saying is fully true. I know that everyone should say the similar matter, but I just feel that you put it in a way that every person can fully grasp. I also love the photographs you put in right here. They suit so nicely with what youre trying to say. Im guaranteed youll reach so a lot of people today with what youve obtained to say.

  31. I will right away seize your rss feed as I can not to find your email subscription hyperlink or newsletter service. Do you have any? Kindly permit me know in order that I could subscribe. Thanks!

  32. After study a handful of the blog posts with your internet site now, we truly like your technique for blogging. I bookmarked it to my bookmark internet site list and are checking back soon. Pls look into my web page also and make me aware what you consider.

  33. Whats up very cool web site!! Man .. Beautiful .. Superb .. I will bookmark your web site and take the feeds additionally…I am happy to find a lot of useful information here in the put up, we want develop extra techniques on this regard, thank you for sharing.

  34. What’s Happening i’m new to this, I stumbled upon this I have discovered It absolutely useful and it has aided me out loads. I’m hoping to give a contribution & assist other customers like its aided me. Great job.

  35. Hello there! I know this is somewhat off topic but I was wondering which blog platform are you using for this site? I’m getting tired of WordPress because I’ve had problems with hackers and I’m looking at options for another platform. I would be fantastic if you could point me in the direction of a good platform.

  36. Someone essentially assist to make significantly articles I’d state. That is the first time I frequented your website page and to this point? I’m amazed with the research you made to create this actual put up amazing. Wonderful job!

  37. There are very a lot of details prefer that to consider. This is a wonderful denote start up. I supply the thoughts above as general inspiration but clearly there are actually questions just like the one you raise up in which the most essential factor will probably be doing work in honest excellent faith. I don?t determine if best practices have emerged about such thinggs as that, but Almost certainly that your chosen job is clearly referred to as a good game. Both children glance at the impact of merely a moment’s pleasure, through out their lives.

  38. nice one for the post and info! I think education is important for us so we must prepare the best education for our generation by sharing such great info with eachother!

  39. I discovered your website site on bing and appearance some of your early posts. Maintain inside the great operate. I just now extra your Feed to my MSN News Reader. Seeking forward to reading much more by you at a later date!…

  40. Immer etliche Firmen benützen heutzutage Interimmanagement als innovatives und ergänzendes Gerätschaft i. Spanne der Unternehmensführung. Denn hiermit wird Kenntnisstand leistungsfähig, bedarfsgerecht und schnell ins Unternehmen geholt.

  41. I simply needed to make a quick comment as a way to express gratitude for you for anyone wonderful pointers you happen to be posting here. My time consuming internet investigation has right at the end of waking time been rewarded with good quality ways of present to my guests. I would state that many people readers are actually endowed to take place in an incredible network with the greatest marvellous those with useful hints. I am quite privileged to own used your webpages and look toward really more fabulous minutes reading here. Many thanks for a number of things.

  42. Youre so cool! I dont suppose Ive read anything such as this prior to. So nice to seek out somebody by original applying for grants this subject. realy we appreciate you beginning this up. this website is one thing that is needed over the internet, an individual after some originality. helpful project for bringing new stuff for the web!

  43. This web site is really a walk-through you discover the knowledge it suited you about this and didn’t know who to inquire about. Glimpse here, and you’ll undoubtedly discover it.

  44. Intimately, the article is in reality the best on this precious topic. I agree with your conclusions and also can thirstily look forward to your coming updates. Just saying thanks definitely will not simply just be sufficient, for the phenomenal lucidity in your writing. I can at once grab your rss feed to stay informed of any updates. Fabulous work and much success in your business dealings!

  45. I really like your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to design my own blog and would like to find out where u got this from. cheers

  46. Spot up for this write-up, I must say i feel this website wants considerably more consideration. I’ll more likely once more to learn to read a great deal more, thanks for that information.

  47. Hi there, simply was alert to your blog via Google, and found that it’s really informative. I’m going to watch out for brussels. I’ll be grateful if you happen to continue this in future. Numerous other folks will likely be benefited out of your writing. Cheers!

  48. Your style is so unique in comparison to other folks I’ve read stuff from. I appreciate you for posting when you’ve got the opportunity, Guess I’ll just bookmark this blog.

  49. hi there and thank you for your info – I’ve certainly picked up anything new from right here. I did however expertise a few technical issues using this web site, as I experienced to reload the website a lot of times previous to I could get it to load correctly. I had been wondering if your web host is OK? Not that I am complaining, but slow loading instances times will sometimes affect your placement in google and could damage your high-quality score if ads and marketing with Adwords. Anyway I’m adding this RSS to my email and can look out for a lot more of your respective intriguing content. Make sure you update this again very soon..

  50. Singles night clubs happen to be all-around for an extended time, as well as although they will often not necessarily interest every person there’re excellent due to the fact everybody offers the identical target as the primary goal. You might be most of within the same motorboat, and yes it might not be understated however it definitely is straightforward.

  51. An impressive share! I have just forwarded this onto a colleague who had been conducting a little homework on this. And he in fact bought me breakfast due to the fact that I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to talk about this matter here on your site.

  52. Hi! Do you know if they make any plugins to
    assist with SEO? I’m trying to get my blog to rank for some
    targeted keywords but I’m not seeing very good gains.
    If you know of any please share. Kudos! You can read similar blog here

  53. There are certainly loads of details that way to take into consideration. It really is a wonderful denote retrieve. I provide thoughts above as general inspiration but clearly you can find questions like the one you start up in which the biggest factor will likely be getting work done in honest very good faith. I don?t determine if recommendations have emerged around stuff like that, but Most likely that your chosen job is clearly labeled as a good game. Both girls and boys notice the impact of only a moment’s pleasure, for the rest of their lives.

  54. I seriously love your website.. Pleasant colors & theme. Did you create this website yourself? Please reply back as I’m looking to create my own personal website and want to find out where you got this from or what the theme is named. Thanks.

  55. Wonderful beat ! I wish to apprentice at the same time as you amend your site, how could i subscribe for a blog site? The account aided me a applicable deal. I had been tiny bit acquainted of this your broadcast provided vivid clear idea.

  56. I do agree with all the ideas you’ve presented in your post. They are really convincing and will certainly work. Still, the posts are too short for newbies. Could you please extend them a bit from next time? Thanks for the post.

  57. Good day! Do you know if they make any plugins to protect against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any recommendations?

  58. Thanks , I have recently been searching for info about this subject for ages and yours is the best I have came upon till now. However, what concerning the bottom line? Are you positive concerning the supply?

  59. Oh my goodness! an incredible article dude. Thank you However I am experiencing situation with ur rss . Don’t know why Unable to subscribe to it. Is there anyone getting an identical rss problem? Anyone who knows kindly respond. Thnkx

  60. whoah this blog is great i love reading your articles. Keep up the good work! You know, a lot of people are searching around for this information, you can help them greatly.

  61. Hi! Would you mind if I share your weblog with my zynga group? There’s a lot of people that I think would really appreciate your stuff. Please let me know. Cheers

  62. Youre so cool! I dont suppose Ive read anything like this prior to. So nice to seek out somebody with a few original applying for grants this subject. realy i appreciate you for beginning this up. this fabulous website is a thing that is required online, somebody with a little originality. beneficial job for bringing something totally new to your web!

  63. Thank you spending some time to talk about the following, I’m boldy a lot and even true love studying more to do with now this topic. However, if future, when you realize know-how, do you ever thoughts bringing up-to-date all your webpage that have a lot more stuff? This is useful for my family.

Leave a Reply

Your email address will not be published.

Theme developed by ThemeStash - Premium WP Themes and Websites