The Modern Literal Version of the Bible (MLV) is described at their website. It claims to be based on the ASV, modified to agree with the Byzantine Greek text. They claim it has been proofread and corrected by a large number of people, also that there is a translation committee including scholars, and they describe it as being "open source". It is copyrighted but they are free with permissions to reproduce. There is not a true "open" license.
I am wondering if there is a way to verify their process. I don't see a repository with an edit history. Are they indeed "open" in their edit process, and can someone readily find past versions, preferably with an edit history?
From their site:
The Modern Literal Version was created for those who truly want to know what God's Koine Greek Bible says but cannot read it directly. The largest Bible project in English history, over a million possible proofreaders. The MLV is not owned by a publishing company, a government, foundation, bible society or a church. Open Source as in you (yes, you) can submit any correction that is not "Thus saith the Greek." We want to be "Error-free."