Hivemapper is a decentralized physical infrastructure network (DePIN) that leverages blockchain technology to create a detailed, up-to-date map of the world. By utilizing dashcams and AI, Hivemapper collects street-level imagery in real-time, rewarding contributors with its native cryptocurrency, HONEY. The platform aims to provide a cost-effective, community-driven alternative to traditional mapping services like Google Maps, enabling developers and enterprises to access high-quality, frequently updated map data.
## Key Features
- **Currency:** $HONEY (native token).
- **Buying Currency:** $HONEY is available on major exchanges like Coinbase, Orca, and Kraken.
- **Utility:**
- **Rewards:** Contributors earn $HONEY for submitting dashcam imagery or performing tasks to train AI models.
- **Data Consumption:** Developers burn $HONEY to access map data and build products for customers.
- **Governance:** $HONEY holders can participate in network decisions, such as pricing adjustments for map credits.
- **Automation:**
- AI-driven edge computing and data filtering techniques ensure efficient processing of street-level imagery.
- Smart contracts automate reward distribution and data consumption, maintaining a balance between supply and demand.
- **API:** Yes. Hivemapper provides APIs for developers to integrate map data into their applications.
- **User Perspective:**
- **Contributors:** Earn $HONEY by mapping unmapped roads or updating outdated data using dashcams.
- **Developers:** Access fresh, high-quality map data to build innovative location-based applications.
## How It Works
1.**Data Collection:**
- Contributors use dashcams to capture street-level imagery, which is uploaded to the Hivemapper network.
2.**Data Processing:**
- AI algorithms process the imagery, filtering and organizing it into usable map data.
3.**Rewards & Consumption:**
- Contributors receive $HONEY tokens as rewards, while developers burn $HONEY to access the data for their projects.
## Staking
- **Staking Requirements:**
- While staking is not mandatory for contributors, developers must burn $HONEY to consume map data, creating a deflationary mechanism.
- **Rewards:**
- Contributors earn $HONEY based on the quality and relevance of their submitted data.
- Developers benefit from access to up-to-date map data, enabling them to build competitive products.
## Documentation
For technical guides, tokenomics, and API integration:
- Collaborations with Solana and Jito Labs enhance blockchain integration and liquidity.
## Ecosystem Components
| Product | Functionality |
| - |-|
| **Hivemapper Explorer** | A tool for exploring and analyzing map data collected by the network. |
| **Hivemapper Dashcam** | Specialized hardware for contributors to capture high-quality street-level imagery. |
| **Hivemapper API** | Enables developers to integrate Hivemapper data into their applications. |
## Tokenomics
- **Total Supply:** 6.4B
- **Distribution:**
- Rewards for contributors, data consumption by developers, and ecosystem incentives.
## FAQ
1.**Is it usable by the average DePIN user?**
Yes, Hivemapper is designed to be accessible to both contributors and developers. Contributors can easily participate using dashcams, while developers can integrate map data via APIs.
2.**Can I pay with tokens to use the DePIN product offered by the project?**
Yes, developers must burn $HONEY tokens to access map data for their projects.
3.**Can tokens be automatically switched from other standard tokens (e.g., ETH, BTC)?**
While $HONEY is the native token, it can be traded on exchanges like Coinbase and Orca. Automatic token switching is not natively supported but can be done through external exchanges.
4.**If I would provide the service, what is my ROI, do we need to stake, etc.?**
Contributors can earn $HONEY by mapping roads, with an average daily earning of $2.82 per device. Staking is not required for contributors, but developers must burn $HONEY to access data.
5.**Why does the project exist, why do the people and the planet need it?**
Hivemapper exists to create a decentralized, cost-effective alternative to traditional mapping services. It empowers individuals to contribute to global mapping efforts while providing developers with fresh, high-quality data.
6.**Is it geo-aware?**
Yes, Hivemapper collects geo-specific street-level imagery, ensuring accurate and localized map data.
7.**Is it cost-effective?**
Hivemapper is highly cost-effective, leveraging community contributions to reduce mapping costs compared to traditional methods.
