MVL, Broadcasted on CNBC
Hello, this is MVL team.
MVL has launched the ride-hailing service, TADA, in Singapore.
TADA has grown dramatically in Singapore.
MVL’s CEO Kay was interviewed by CNBC News in Singapore. CNBC is an economic and financial Media.
During an interview with CNBC, Kay introduced the MVL and MVL’s zero commission(free fee) Ride Hailing Service ‘TADA’ in Singapore.
“Lower the commission is not the way to solve the problem. So we wanted to implement the blockchain protocol on TADA that can help us realize the revolutionization of the business models by providing zero commission to the drivers.
Our matching ratio was 10% at the beginning, but right now it is more than 50 percent. Drivers enjoy providing services to riders. Drivers are very happy because they can take all the income through our application. Riders are also happy because happy drivers offer good services.
TADA is built on top of the token economy. Whenever you use the service and participate in the services, you will receive point incentives. The Incentives can be exchanged to the tokens that can be used for the services or rides.”
MVL’s exclusive interview with a major Singaporean broadcaster means that TADA service is growing and maintaining No.2 position in the industry in Singapore.
Ride the New Wave, TADA