HONEY
Hivemapper
$0.05102267AUD
Market Cap
208.5M AUD
24H Trade Vol.
1.2M AUD
Total Supply
4.1B
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Buy Hivemapper (HONEY)

What is Hivemapper?

Hivemapper is a decentralised global mapping network built on the Solana blockchain. It aims to create a permissionless global map by leveraging community contributions and AI. The network rewards contributors with HONEY tokens for collecting high-volume 4K street-level imagery through a Drive-to-Earn model using dashcams.

How does Hivemapper work?

Hivemapper operates on the Solana blockchain, utilising its speed and low transaction costs. Dashcam users collect road imagery, which is processed using AI-driven object detection, photogrammetry, and point cloud processing. This data helps create a decentralised, ever-updating global map. The system employs a "proof-of-location" mechanism to ensure data accuracy, and contributors are rewarded with HONEY tokens.

What are the potential use cases for Hivemapper?

Hivemapper has multiple applications across various industries:

  • Autonomous Vehicles: Provides data for ADAS systems.
  • Logistics: Optimises delivery routes.
  • Urban Planning: Assists in infrastructure development.
  • Emergency Response: Improves response times.
  • Real-time Mapping: Offers current data for navigation and planning.
  • A partnership with organisations like Kamino and Jito Labs enhances its applicability in financial incentives for liquidity.

What is the history of Hivemapper?

Founded in 2015 by a team with backgrounds in Google Earth and other tech leaders, Hivemapper officially launched in November 2022. Recognised as a promising AI company by Forbes, it has significant backing from major investors. Since launch, it has covered over 3.6 million unique road kilometres and continues to expand rapidly, showcasing notable partnerships and technological advancements.