E-Vehicle & Driver

MVL's driver and vehicle data can create more excellent value through blockchain

The data generated by millions of people active in the MVL ecosystem is being used by various business partners such as finance and insurance. A portion of the revenue generated in this process goes back to rewarding MVL ecosystem participants. However, since these data are only used in MVL's actual business, there is a limit to creating more value.

By making the mobility data of MVL into NFT, you can further increase its utilization by reaching blockchain users. In addition, it is possible to expand the base of the MVL ecosystem by creating new added values through games and novels and expanding the contact point with new users to expand the community.

It can provide added value to the driver's labor

In reality, drivers only get driving profits proportional to driving time, but there is no added value to their labor. Even a good driver with good service cannot earn more than others. This is not just a driver issue; it is a problem that most platform workers face.

But, what if you could make a game using their driving data?

A good driver in the real world is reborn as a game character with better stats. Perhaps in the game world, good characters will be utilized more often. If the game is fun, one run of a real driver might be implemented as hundreds or thousands of transactions in the game. Additionally, if the revenue generated by these games can be shared with data providers, it can also add value to the labor of platform workers.

Vehicle data can compensate for depreciation problems

ONiON E-TukTuk, produced by MVL, is a connected vehicle in which all vehicle data is recorded and managed. This vehicle is an asset that loses value over time, such as production, driving, and accidents. However, if vehicle data can be NFTed 1:1, you can look at the depreciation process of an actual vehicle from a different perspective.

From an NFT's point of view, this vehicle continues to generate some data over time. From this point of view, events such as accidents and flooding maybe even rarer data. In addition, if this NFT is utilized in various blockchain services, and if rare data can be linked to game stats or goods production, it will be possible to offset the depreciation of the actual vehicle partially.