The minimum viable product — or an MVP in software development, as the name implies — is software with the bare minimum of features required to make the product viable, i.e. it meets the criteria necessary to satisfy the product's basic functionality. Many people confuse it with a wireframe or an early proof of concept in custom software development, although it is the release of the original version of the product that is ready for clients with no added frills.
Establishing the fundamental structure, verifying its functionality, and successfully delivering it serves as the foundation for the authenticity and success of later editions. Also, the final application will be built on user feedback and experience.