No items found.

MileVerse

price
change

Discover MileVerse's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is MileVerse?

MileVerse (MVC) is a cryptocurrency token based on the Ethereum blockchain (ERC-20) that operates as part of a mileage integration and payment platform. This platform aims to build an integrated mileage ecosystem, allowing users to exchange and utilize mileage points across various industries. The token is designed to provide stability and speed in transactions, with a total supply of 3 billion MVC coins.

How is MileVerse used?

MileVerse (MVC) is a cryptocurrency that can be used in various ways. Here are some key uses:

Storage and Holding

Investors can store and hold MileVerse tokens with the expectation of their value increasing. They can store them on exchanges' wallets, crypto wallets, or cold wallets for long-term storage.

Trading

MileVerse can be traded for other cryptocurrencies on crypto exchanges, offering various trading pairs to meet different needs.

Earning Rewards

Staking MileVerse tokens allows users to earn rewards, maximizing their holdings.

Transfers

MileVerse can be sent to anyone worldwide virtually instantly, making it a convenient method for transferring value.

Purchasing Goods and Services

Some online platforms and offline shops accept MileVerse as a form of payment, allowing users to purchase goods and services with the token.

Mileage Exchange

MileVerse is an integrated mileage payment platform that enables customers to use their unused and expired mileage at affiliated stores by exchanging it for the company's own currency, MVP (MileVerse-Point).

How do I store MileVerse?

To store MileVerse (MVC) tokens, you have several options based on your needs and preferences. Here are some methods:

  1. Centralized Exchanges: You can store MVC tokens on centralized exchanges like Bithumb, where you can buy and trade them. This method is convenient, but you need to be cautious about the security risks associated with centralized exchanges.

  2. Decentralized Exchanges: Another option is to use decentralized exchanges like Bitrue. After completing a transaction, your MVC tokens will be automatically stored in your blockchain network wallet address.

  3. Wallets: You can also store MVC tokens in your personal wallets. Make sure to personally check each of your wallets to ensure the tokens are safely stored.

  1. Blockchain Network Wallet: MVC tokens can be stored securely in your blockchain network wallet address. This method provides direct control over your tokens.

It is essential to review the pros and cons of each method to find the best way to store your MileVerse tokens based on your specific needs and preferences.

How to buy MileVerse?

To buy MileVerse (MVC) tokens, follow these steps:

  1. Choose a Centralized Exchange (CEX):

    • Select a reliable and trustworthy crypto exchange that supports MileVerse (MVC) purchases, such as Bithumb or KuCoin.
    • Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange.
  2. Create an Account:

    • Enter the required information and set a secure password.
    • Enable two-factor authentication (2FA) using Google Authenticator and other security settings to add an extra layer of security to your account.
  3. Verify Your Identity:

  • Complete Know-Your-Customer (KYC) verification, which may require a government-issued identification document.
  1. Add a Payment Method:

    • Follow the instructions provided by the exchange to add a credit/debit card, bank account, or other supported payment method.
  2. Buy MileVerse (MVC):

    • You can buy MileVerse (MVC) using fiat currency if supported, or by first purchasing a popular cryptocurrency like USDT and then exchanging it for MVC.

Alternatively, you can also buy MileVerse (MVC) through a crypto wallet if it supports fiat-to-crypto purchases. If not, you can first buy a popular cryptocurrency and then exchange it for MVC.

Discover
MileVerse
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of MileVerse

MileVerse (MVC) is a cryptocurrency launched in 2020, operating on the Ethereum platform. The project aims to create a mileage integration and payment platform using blockchain technology, providing a service that allows customers to use their mileage at affiliated stores by exchanging it for the company's own currency, MVP (MileVerse-Point).

The founders of MileVerse are Willian Jung and Lucca Kim, both with backgrounds in leading successful projects. Jung has experience with projects like G Market, Qoo10 Japan, and AIO, while Kim has worked on projects such as GM Global and OnePlus.

MileVerse has a total supply of 3 billion MVC coins, with a distribution model that allocates 25% for ecosystem development and management, 20% for sales, 17% for platform development and expansion, 13% for marketing efforts, 10% for a reserve fund, 10% for team members and staff, and 5% for advisors.

The MVC token is an ERC-20-based token, which is used as a payment method without conventional restrictions like expiry dates. It can also be used by businesses to pay down debt, create customer reward programs, and attract new clients through bonuses. Additionally, affiliated retailers can use MVC coins to establish marketing channels and bring in new clients.

In terms of market performance, MileVerse has experienced significant price fluctuations. It reached an all-time high of $0.571 on April 12, 2021, and an all-time low of $0.00001144 on September 24, 2023. The current market capitalization of MileVerse is around $17 million, with a circulating supply of approximately 2.76 billion MVC tokens.

Overall, MileVerse aims to create a new mileage ecosystem incorporating blockchain technology, providing convenient mileage payment services in partnership with a wide range of corporates and affiliates.

Discover
MileVerse
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How MileVerse works

MileVerse (MVC) is a cryptocurrency that operates on a dual-token system, utilizing both MVC (MileVerse Coin) and MVP (MileVerse Point) tokens. This dual-token structure ensures price stability, fast transaction speeds, and a secure ecosystem.

Architecture and Layers

The MileVerse platform is designed with a five-layer structure, each containing modules and systems that facilitate the smooth operation of the platform. This architecture allows for efficient management and interaction between different components.

MVC and MVP Tokens
  • MVC (MileVerse Coin): MVC is an ERC-20 token, which means it is built on the Ethereum blockchain. It was listed on exchanges such as Coinone and Bithumb, allowing users to buy and trade it. A total of 3 billion MVC coins were issued. MVC tokens can be used as a means of reward participation, where users receive rewards for retaining MVC tokens.

  • MVP (MileVerse Point): MVP tokens are used for payment purposes within the MileVerse ecosystem. They can be exchanged for MVC tokens and are issued without any limit. MVP tokens are used to make payments for products on the platform and to pay for advertisements.

Token Distribution and Economy

The distribution of MVC and MVP tokens is managed through a system that involves corporations and users. Franchise stores and users interact within the ecosystem, ensuring a stable and functional token economy.

Buying and Storing MVC

MVC tokens can be purchased through various methods, including centralized exchanges like Binance and KuCoin, as well as decentralized exchanges (DEXs). Users can also buy MVC directly through certain crypto wallets that support fiat-to-crypto purchases. Once purchased, MVC tokens can be stored securely in wallets like Atomic Wallet, which supports over 1,000 cryptocurrencies and offers features like private key encryption and 24/7 support.

Price Calculation and Trading

The price of MVC tokens is calculated in real-time by aggregating data from multiple exchanges and markets. This ensures that the price reflects the global trading volume and activity. MVC tokens can be traded on various exchanges, with the most active trading pair being MVC/KRW on Bithumb.

Overall, the MileVerse (MVC) cryptocurrency operates on a robust dual-token system, ensuring stability and efficiency within its ecosystem. Its architecture, token distribution, and trading mechanisms all contribute to a secure and functional cryptocurrency.

Discover
MileVerse
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

MileVerse's strengths

The token MileVerse (MVC) has several strengths that contribute to its potential as a cryptocurrency investment. Here are some key points:

Dual Token System

MileVerse employs a dual token system, consisting of MVC (MileVerse Coin) and MVP (MileVerse Point). This system ensures price stability, fast transaction speeds, and a secure ecosystem. MVC tokens can be exchanged for MVP tokens, which are used for payment and other transactions within the platform.

Token Distribution

The total supply of MVC tokens is capped at 3 billion, with a clear distribution model in place. This includes allocations for ecosystem development, sales, platform development, marketing, reserve funds, team members, and advisors. This transparent distribution model helps maintain a balanced ecosystem.

Use Cases

MVC tokens have various use cases, including:

  • Businesses: MVC tokens can be used to pay down debt, create customer reward programs, and attract new clients through bonuses.
  • Consumers: MVC tokens can be used as a payment method without conventional restrictions like expiry dates.
  • Retailers: MVC coins can be used to establish marketing channels and attract new clients.
Founders

MileVerse was founded by Willian Jung and Lucca Kim, both of whom have a track record of leading successful projects. This experienced leadership contributes to the project's credibility and potential for growth.

Community and Market Presence

MileVerse has an active community with a presence on various social media platforms, including Facebook, Twitter, Medium, and Telegram. It is also listed on several exchanges, including Coinone and Bithumb, and has a significant market capitalization.

These strengths collectively contribute to the potential of MileVerse (MVC) as a cryptocurrency investment.

MileVerse's risks

MileVerse (MVC) is considered a high-risk investment by InvestorsObserver, which calculates a risk score based on the amount of money required to move the price over the past 24 hours, considering changes in volume and market capitalization. This scoring system indicates that MVC is potentially susceptible to manipulation by limited trading activity, making it a relatively high-risk investment.

Discover
MileVerse
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did MileVerse raise funds?

Discover
MileVerse
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

MileVerse's ecosystem

No items found.
No items found.
Discover
MileVerse
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

MileVerse’s team

  • Founder and Team Members: The team behind MileVerse includes the founder, whose name is not explicitly mentioned, along with other key members who are involved in the development and management of the project.

Whalee AI

The fundamental analysis assistant for crypto value investors.

MileVerse NEWS REPORT

Latest news

Want an analysis of MileVerse? Tell us on discord.

Similar tokens

Looks like we're missing similar tokens!
Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM