MVL Given an "A (Solid)" Rating
Xangle Credibility Rating services has assigned MVL an 'A' with a solid grade. Solid grade means it is a good blockchain project with reliability and capability to accomplish its goals.
MVL Chain has been rated ‘A’, indicating that it is a solid project. The project management team has enough experience and the shareholders who invested in the project have a high reputation in the industry. MVL Chain launched its ride-hailing service ‘TADA’ in Singapore in the 3Q of 2018, and as of 2020, its cumulative users increased by 56%, and cumulative orders by 85% compared to the previous year. Recently, the project attracted a series B investment, which greatly improved the project’s financial sustainability.
For more details, please refer to the attached Xangle Credibility Ratings report.