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HONEY

HONEY Hivemapper

Currency:
🇺🇸 USD
🇺🇸 USD - US Dollar
🇨🇳 CNH - Offshore Chinese Yuan
🇯🇵 JPY - Japanese Yen
🇰🇷 KRW - South Korean Won
🇭🇰 HKD - Hong Kong Dollar
🇦🇺 AUD - Australian Dollar
🇪🇺 EUR - Euro
🇨🇭 CHF - Swiss Franc
🇬🇧 GBP - British Pound
🇨🇦 CAD - Canadian Dollar
🌐 TWD - Taiwan Dollar
🇲🇾 MYR - Malaysian Ringgit
🇸🇬 SGD - Singapore Dollar
🇳🇿 NZD - New Zealand Dollar
$ 0.001562
-$0.0000003342 -0.02%
$0.001572
24H High
$0.001543
24H Low
$0.4315
All-Time High
$0.001411
All-Time Low
129.69M
24H Volume
$201.99K
24H Turnover
10.00B
Total Supply
$9.15M
Market Cap
1.90%
24H Range
5.86B
Circ. Supply
$0.001555
Prev Open (UTC+8)
$0.001554
Prev Close (UTC+8)
58.59%
Circulation Ratio

HONEYMarket

  • Trend
  • K-Line

HONEY Summary

Hivemapper is a decentralized global mapping network that aims to build a fresh, high-quality, and decentralized map. It leverages a network of contributors who collect real-world imagery using dashcams, rewarding them with HONEY tokens for their contributions. This approach challenges traditional centralized mapping services by distributing the data collection and ownership, fostering a community-driven mapping ecosystem.

The core technology behind Hivemapper involves specialized dashcams that capture street-level imagery and location data. This data is then processed and verified to update the network's map. The project utilizes blockchain technology, specifically the Solana blockchain, to manage and incentivize contributions, ensure data integrity, and facilitate the distribution of HONEY tokens. The decentralized nature of the network means that map data is continuously updated and improved by a global community, offering a more dynamic and potentially more current mapping solution.

HONEY is the native cryptocurrency of the Hivemapper network, serving as the primary incentive for contributors. Map contributors earn HONEY tokens for driving and collecting map imagery, which is then used to enhance the global map. The token also plays a role in the network's governance and potentially in accessing map data or services built on top of the Hivemapper platform. This utility drives participation and ensures the continuous growth and refinement of the decentralized map.

Hivemapper distinguishes itself by creating a living, constantly updated map through a novel economic model that rewards real-world data collection. Its focus on decentralization and community-driven mapping positions it as an innovator in the geospatial data industry, offering an alternative to existing mapping solutions by empowering individuals to contribute to and benefit from a shared global map.

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