What is a MVP Development

A minimum viable product (MVP) is the development approach in which a new product is developed with the number of features that are sufficient for early users. The final set of more advanced features is only designed and developed after receiving and analyzing feedback from the product’s first users.
MVP software development allows for Agile development to get a product to end-users faster. You don’t need to dedicate a lot of time developing a full-fledged product and investing a lot of money into its creation. The main idea is getting a product to the market faster and safely testing your idea without risking all your money.