About TADA mini
TADA mini is the first real-world Web3 ride-hailing service connected to TADA’s extensive network of over 300,000 drivers. Users can book rides with the TADA mini app on Telegram in just a few clicks by linking their web3 wallet and using various cryptocurrencies.
The successful launch of TADA mini at Token2049 in Singapore in September 2024 marked a significant milestone in the Web3 scene. Over 15,000 crypto and Web3 enthusiasts— 80% of all attendees— experienced TADA mini firsthand, witnessing this groundbreaking innovation in action.
What sets TADA mini apart is its seamless integration of Web3 technology into a service that remains simple, intuitive, and highly efficient. Riders can easily book rides without the hassle of downloading apps, or signing up. This simplicity, combined with TADA’s high ride-matching rate, has drawn significant attention, positioning TADA mini as a leader in driving the mainstream adoption of Web3.
Building on the success of this innovative service, the MVL team aims to further expand its ecosystem. A key initiative includes integrating MVL tokens into the TADA mini app, creating a more robust and valuable token economy. This connection will enhance the sustainable and long-term utility of MVL tokens, ensuring they are closely tied to the development of TADA mini.
MVL’s Current Tokenomics: Buyback & Value Sharing
The MVL token economy is designed to establish a real-world mobility ecosystem, where MVL tokens are actively utilized and circulated. Since 2018, MVL has been operating TADA, a ride-hailing platform in the Southeast Asia region, laying the foundation for this innovative mobility ecosystem. In early 2024, the MVL team implemented a “Buyback & Value-Sharing” initiative, strategically purchasing MVL tokens from the market using revenue generated by TADA. This value is then shared with ecosystem users through staking programs, fostering a sustainable and long term utility of tokens. In February 2024, MVL successfully completed its first buyback round, acquiring $1 million worth of tokens from the market.
Looking ahead, TADA mini is set to elevate the MVL token economy even further. It not only facilitates seamless transactions by integrating Web3 wallets and cryptocurrencies into the ride-hailing process but also includes appealing features such as referral missions, recommended destinations for on-site events, and advertising functions. These elements are attracting numerous collaboration proposals from various projects. As these projects seek to partner with TADA mini, they will require MVL tokens, thereby increasing both the utility and scarcity of MVL tokens over time. This dynamic environment positions MVL for sustained growth and innovation in the evolving landscape of Web3.
How TADA mini Fuels MVL's Tokenomics
Enterprise (B2B) Staking for Supporting Partner Cryptocurrencies, Chains, and Wallets
- TADA mini currently supports digital assets and wallets on the TON blockchain. Following its successful launch at the recent Token2049 event, there has been a surge in requests for collaboration and support for various tokens from major global blockchain mainnets and wallet services.
- To connect these individual products, mainnets, or tokens with TADA mini, companies are required to stake and lock up a certain amount of $MVL tokens. Unlike previous individual staking services, companies are offered new benefits such as payment services and advertising opportunities on TADA mini, instead of receiving $MVL token rewards.
- This enterprise (B2B) staking mechanism for MVL creates a strong system that continuously locks $MVL tokens in the on-chain ecosystem. This reduces the circulating supply of tokens and increases demand, which can positively affect the value of MVL. At the same time, it allows partner companies to provide their users with the powerful utility of real-world use cases, creating a long-term win-win structure.
Fees Generated from Cryptocurrency-Based Trips
- Currently, in addition to the initially supported TON and USDT, TADA mini is being updated to enable the use of MVL tokens. Alongside this, there are plans to offer certain benefits when using MVL tokens to increase their utility and transaction demand.
- To drive further growth for MVL, various project tokens will be onboarded to TADA mini. As payment support for these tokens is implemented, there will be demand for enterprise (B2B) staking, while also generating continuous fee revenue through individual trips.
- A portion of the fee revenue from these cryptocurrency payments will be used for MVL token buybacks, which will be deposited and stored in the on-chain treasury. This will be redistributed to MVL holders and mini-app users, creating a virtuous cycle that attracts new projects through the strengthened community.
- Moving forward, more project communities will be encouraged to use their tokens on TADA mini. In the long term, as TADA continues its regional expansion, particularly across Asia, the goal is for web3 users to use TADA mini in their daily lives, leading to numerous on-chain payments and an increase in the value of MVL.
Online Missions and Advertising Programs
- As mentioned earlier, TADA mini aims to become a part of the daily lives of the majority of crypto users in the long term. To encourage potential user engagement, quests and airdrop programs are currently underway. As of early October 2024, over 3.5 million global users have participated in these programs.
- This user base can be highly beneficial for future partnerships with various projects. Particularly, new projects or long-established ones launching their Telegram mini-apps for the first time have shown significant interest in TADA mini's online mission feature. As these projects purchase MVL tokens, a new business model will emerge where TADA mini provides user acquisition and advertising services.
On-Site Advertising and Interactive Events
- Unlike most Telegram mini-app projects such as T2E games, TADA mini operates a real business model in four Southeast Asian countries. Leveraging its strength of being connected to the real world, TADA mini can offer its distinctive services at numerous blockchain events held annually across Asia.
- This includes features like banner ads within TADA mini’s trip app or recommending side events hosted by other projects as one-click destination guides. Additionally, interactive features could be developed, such as allowing passengers to play games from other projects during a 30-minute ride and receive trip discounts. MVL tokens will also play a role in these on-site partnerships.
Future Plans
Moving forward, TADA mini plans to enhance its product with a focus on economic integration with the MVL token, secure various partners, and actively pursue new business models.
First, TADA mini will be gradually launched in four countries—Singapore, Vietnam, Cambodia, and Thailand—while supporting the use of MVL tokens. Additionally, through enterprise (B2B) staking, TADA mini will accelerate connections with various wallets and tokens. The promotion of new business models such as on-site trip events and online mission advertisements using MVL will also be actively pursued. Moreover, the mission and advertisement features will be enhanced to encourage greater participation from individual users in the ecosystem and provide them with more benefits.
The growth of TADA mini goes hand in hand with the growth of the MVL token. We are preparing various announcements, including collaborations with major partners and trip events in new regions, so please stay tuned and look forward to it!
Thank you.
Trust-Driven
MVL
About TADA mini
TADA mini is the first real-world Web3 ride-hailing service connected to TADA’s extensive network of over 300,000 drivers. Users can book rides with the TADA mini app on Telegram in just a few clicks by linking their web3 wallet and using various cryptocurrencies.
The successful launch of TADA mini at Token2049 in Singapore in September 2024 marked a significant milestone in the Web3 scene. Over 15,000 crypto and Web3 enthusiasts— 80% of all attendees— experienced TADA mini firsthand, witnessing this groundbreaking innovation in action.
What sets TADA mini apart is its seamless integration of Web3 technology into a service that remains simple, intuitive, and highly efficient. Riders can easily book rides without the hassle of downloading apps, or signing up. This simplicity, combined with TADA’s high ride-matching rate, has drawn significant attention, positioning TADA mini as a leader in driving the mainstream adoption of Web3.
Building on the success of this innovative service, the MVL team aims to further expand its ecosystem. A key initiative includes integrating MVL tokens into the TADA mini app, creating a more robust and valuable token economy. This connection will enhance the sustainable and long-term utility of MVL tokens, ensuring they are closely tied to the development of TADA mini.
MVL’s Current Tokenomics: Buyback & Value Sharing
The MVL token economy is designed to establish a real-world mobility ecosystem, where MVL tokens are actively utilized and circulated. Since 2018, MVL has been operating TADA, a ride-hailing platform in the Southeast Asia region, laying the foundation for this innovative mobility ecosystem. In early 2024, the MVL team implemented a “Buyback & Value-Sharing” initiative, strategically purchasing MVL tokens from the market using revenue generated by TADA. This value is then shared with ecosystem users through staking programs, fostering a sustainable and long term utility of tokens. In February 2024, MVL successfully completed its first buyback round, acquiring $1 million worth of tokens from the market.
Looking ahead, TADA mini is set to elevate the MVL token economy even further. It not only facilitates seamless transactions by integrating Web3 wallets and cryptocurrencies into the ride-hailing process but also includes appealing features such as referral missions, recommended destinations for on-site events, and advertising functions. These elements are attracting numerous collaboration proposals from various projects. As these projects seek to partner with TADA mini, they will require MVL tokens, thereby increasing both the utility and scarcity of MVL tokens over time. This dynamic environment positions MVL for sustained growth and innovation in the evolving landscape of Web3.
How TADA mini Fuels MVL's Tokenomics
Enterprise (B2B) Staking for Supporting Partner Cryptocurrencies, Chains, and Wallets
Fees Generated from Cryptocurrency-Based Trips
Online Missions and Advertising Programs
On-Site Advertising and Interactive Events
Future Plans
Moving forward, TADA mini plans to enhance its product with a focus on economic integration with the MVL token, secure various partners, and actively pursue new business models.
First, TADA mini will be gradually launched in four countries—Singapore, Vietnam, Cambodia, and Thailand—while supporting the use of MVL tokens. Additionally, through enterprise (B2B) staking, TADA mini will accelerate connections with various wallets and tokens. The promotion of new business models such as on-site trip events and online mission advertisements using MVL will also be actively pursued. Moreover, the mission and advertisement features will be enhanced to encourage greater participation from individual users in the ecosystem and provide them with more benefits.
The growth of TADA mini goes hand in hand with the growth of the MVL token. We are preparing various announcements, including collaborations with major partners and trip events in new regions, so please stay tuned and look forward to it!
Thank you.
Trust-Driven
MVL