MVL(MVL) New Listing on Gate.io

About Gate.io Startup Free Airdrop Program

In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.

Gate.io Startup will launch its next project, MVL(MVL), on March 24th, 2024 at 7:00 AM (UTC).

Startup Link: https://www.gate.io/startup

Introduction to MVL(MVL)：

MVL Innovates Mobility Industry with blockchain technologies.

MVL has a ride-hailing mobility service called ‘TADA’ in Southeast Asia. And also conducting an electric vehicle & infrastructure business called ‘ONiON’. In MVL Ecosystem, 220.000 drivers and 2.6 million passengers, +600 Vehicles are participating.

Based on these successful mobility businesses, we are innovating the traditional mobility industry with blockchain.

MVL started to share biz revenue with token holders. Also, sharing our massive realtime mobility data through DEPIN map. With this we will make more valuable products to our participants.

The MVL team is a solid company with over 300 employees worldwide, and got an equity investment of about $30 million.

(The information below is provided by the MVL(MVL) . Please follow the website for more information)

Token Information

1. Token name: MVL
2. Token symbol: MVL
3. Max Supply: 30.000.000.000 MVL
4. Token Type: ERC-20
5. Token Contract: 0xA849EaaE994fb86Afa73382e9Bd88c2B6b18Dc71
6. Token Distribution and Unlocked Rules:

*Community: 16%

TGE: 0.17%%, linear vesting over 91 Months

*Marketing & R&D: 30%

TGE: 0.33%, linear vesting over 91 Months

*Advisors & Team: 25%

6 Months cliff, linear vesting over 24 Months

*Burn: 7%

TGE:7%, locked forever

*Sale: 22%

TGE: 2.7%, linear vesting over 6 Months

Website: https://mvlchain.io/

Whitepaper: https://docs.mvlchain.io/

Token Information: https://etherscan.io/token/0xa849eaae994fb86afa73382e9bd88c2b6b18dc71

MVL(MVL)Startup Sale Rules

(1) Duration: 07:00 AM on March 24th - 07:00 AM on March 26th (UTC), 2024 Orders placed by qualified users within these 48 hours will be treated equally.)

(2) Trading starts time: 11:00 AM on March 26th (UTC), 2024

(3) Price: $0; Startup Supply: 14.437.828 MVL

(4) Unlocking Rule: 100% Unlock

(5) Startup Participation Rules:

Each user can only purchase once with a KYC account.

a) Startup Participation Rules for VIP Users:

1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.

2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.

The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892

The actual share per user will be calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.

b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):

Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.

A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.

Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899

(6) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.

VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.

Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.

(7) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

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