Hivemapper
Hivemapper
HONEY
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| -- | $18M | -- | Apr 05, 2022 |
Hivemapper (HONEY) is a decentralized mapping platform powered by blockchain technology. It incentivizes contributors to build and maintain a constantly updated, user-driven global map. Participants earn HONEY tokens by contributing data—primarily through dashcams or mobile devices—that captures real-world imagery and geospatial information. This data is processed to create a high-quality, decentralized map that evolves in real-time.
Hivemapper’s approach challenges the traditional centralized mapping monopolies by distributing map creation and maintenance tasks across a global network of contributors. This ensures that the map remains accurate, up-to-date, and reflective of actual conditions on the ground. The HONEY token functions as the economic engine of the ecosystem, rewarding contributors and enabling transactions within the platform.
By blending blockchain technology with community-driven mapping, Hivemapper creates a resilient and scalable alternative to conventional mapping systems, designed to meet the demands of modern applications like navigation, logistics, and autonomous vehicles.