MVL Launches MVL Token Buyback & Recirculation Program
From December 12th, MVL started purchasing MVL tokens on a regular basis utilizing the profits earned from MVL's mobility ventures. Despite the challenging economic conditions, MVL's mobility businesses, which include TADA, a ride-hailing platform focused on Southeast Asia, and ONiON Mobility, an electric vehicle and infrastructure manufacturing company, experienced substantial growth in 2023.
The MVL token buyback and recirculation program is set to last around 50 days, ending on January 31st. Its objective is to secure MVL tokens worth over 7 figures in USD through the MVL-listed exchanges worldwide. The purchased tokens will be securely stored in the MVL's Open Treasury, and governance voting will determine their usage in a fair and transparent manner, giving MVL holders a substantial voice in the process.
MVL's goal with this program is to closely link the expansion of its mobility business with the value of the MVL Web3 ecosystem, while also providing a foundation for future growth. MVL is dedicated to offering cutting-edge services that merge real mobility services with digital tokens of cryptocurrency, and create a transparent and reliable ecosystem.
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| 2. Conclusion of MVL x DOKDO DAO AMA |
MVL's live AMA(Ask Me Anything) session with James, the CIO of MVL, on the DOKDO DAO Discord channel concluded successfully on December 6th. The AMA consisted of three pre-questions, three live questions, and a quiz. This was a great chance to present the MVL project and discuss our upcoming plans. Those who were chosen for the AMA questions and answered all quiz program questions correctly received an airdrop, after an announcement released on the DOKDO DAO Discord channel. MVL is making an effort to foster favorable engagement with the community and keep them informed about blockchain and cryptocurrency through regular communication. Stay tuned as MVL plans to host AMA sessions regularly in the future. Please click on the link below for the AMA summary. |
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TADA Singapore Media Interview with Business Times |
MVL's subsidiary TADA recently had an insightful interview with the Business Times, Singapore's top business and financial newspaper, to discuss TADA's remarkable growth journey and future plans. MVL's CEO, Kay, and chief operating officer, Sean, attended the media interview. Currently, TADA holds the second position in Singapore's ride-sharing market, surpassing the global mobility giant Gojek. Additionally, TADA is actively operating its services in Cambodia and Vietnam, with plans for further expansion across Asia. In this media interview, TADA discussed its accomplishments in the mobility sector and shared about its plans to improve competitiveness in the global market by offering innovative mobility services to more regions. Please refer to the link below for the media interview article. |
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TADA Signs MOU with NPHVA and NDCA
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MVL's ride-hailing subsidiary, TADA Singapore, signed an MOU with NTUC (Singapore's National Trades Union Congress)'s affiliate associations NPHVA (National Private Hire Vehicles Association) and NDCA (National Delivery Champions Association). This MOU focuses on enhancing cooperation and information exchange between TADA and the associates, fostering the development of skills and welfare for TADA's drivers and delivery partners. In pursuit of this common goal, TADA has pledged to cover the annual membership fees for 600 new partners who sign up as union members. The basis for funding this partnership initiative is derived from TADA's operational income, aligning with MVL's firm belief in sharing revenue from the mobility ecosystem with its participants. TADA's partnership with NPHVA and NDCA is anticipated to lead to better service quality and increased welfare for drivers and delivery partners. To get further details, please click on the link provided below. |
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From December 12th, MVL started purchasing MVL tokens on a regular basis utilizing the profits earned from MVL's mobility ventures. Despite the challenging economic conditions, MVL's mobility businesses, which include TADA, a ride-hailing platform focused on Southeast Asia, and ONiON Mobility, an electric vehicle and infrastructure manufacturing company, experienced substantial growth in 2023. The MVL token buyback and recirculation program is set to last around 50 days, ending on January 31st. Its objective is to secure MVL tokens worth over 7 figures in USD through the MVL-listed exchanges worldwide. The purchased tokens will be securely stored in the MVL's Open Treasury, and governance voting will determine their usage in a fair and transparent manner, giving MVL holders a substantial voice in the process. MVL's goal with this program is to closely link the expansion of its mobility business with the value of the MVL Web3 ecosystem, while also providing a foundation for future growth. MVL is dedicated to offering cutting-edge services that merge real mobility services with digital tokens of cryptocurrency, and create a transparent and reliable ecosystem.
MVL's live AMA(Ask Me Anything) session with James, the CIO of MVL, on the DOKDO DAO Discord channel concluded successfully on December 6th. The AMA consisted of three pre-questions, three live questions, and a quiz. This was a great chance to present the MVL project and discuss our upcoming plans. Those who were chosen for the AMA questions and answered all quiz program questions correctly received an airdrop, after an announcement released on the DOKDO DAO Discord channel. MVL is making an effort to foster favorable engagement with the community and keep them informed about blockchain and cryptocurrency through regular communication. Stay tuned as MVL plans to host AMA sessions regularly in the future. Please click on the link below for the AMA summary.
TADA Singapore Media Interview with Business Times
MVL's subsidiary TADA recently had an insightful interview with the Business Times, Singapore's top business and financial newspaper, to discuss TADA's remarkable growth journey and future plans. MVL's CEO, Kay, and chief operating officer, Sean, attended the media interview. Currently, TADA holds the second position in Singapore's ride-sharing market, surpassing the global mobility giant Gojek. Additionally, TADA is actively operating its services in Cambodia and Vietnam, with plans for further expansion across Asia. In this media interview, TADA discussed its accomplishments in the mobility sector and shared about its plans to improve competitiveness in the global market by offering innovative mobility services to more regions. Please refer to the link below for the media interview article.
MVL's ride-hailing subsidiary, TADA Singapore, signed an MOU with NTUC (Singapore's National Trades Union Congress)'s affiliate associations NPHVA (National Private Hire Vehicles Association) and NDCA (National Delivery Champions Association). This MOU focuses on enhancing cooperation and information exchange between TADA and the associates, fostering the development of skills and welfare for TADA's drivers and delivery partners. In pursuit of this common goal, TADA has pledged to cover the annual membership fees for 600 new partners who sign up as union members. The basis for funding this partnership initiative is derived from TADA's operational income, aligning with MVL's firm belief in sharing revenue from the mobility ecosystem with its participants. TADA's partnership with NPHVA and NDCA is anticipated to lead to better service quality and increased welfare for drivers and delivery partners. To get further details, please click on the link provided below.