A South Korean cryptocurrency exchange called Cashierest (CEO Park Won-joon) made an announcement that it will be listing a cryptocurrency called MVL that seeks after a mobility ecosystem based on incentives.
MVL is an incentive-based mobility platform that connects vehicles, transportation, and traffic and it is a type of a comprehensive vehicle management system. Companies such as rent car companies, auto shops, and insurance companies that provide mobility services can receive various services and incentives through MVL.

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MVL provides MVL coins for those that participate in creation of automotive data, which is then used to manage vehicles and commercialize various services.
Cashierest is going to hold an airdrop event to commemorate itself being the only exchange in the world to list MVL. It is going to select 100 MVLers that trade the most MVLs and pay them total of 10 million MVL coins.
It is also planning to pay 10 million MVL coins to 100 MVLers that purchase the most MVLs.
Staff Reporter Gil, Jaeshik | osolgil@etnews.com