About Hivemapper
Hivemapper is a decentralized mapping network that harnesses road-level imagery and data contributed by vehicles equipped with specialized dashcams. Its native utility token, HONEY, incentivizes network participation and facilitates access to mapping data for consumers.
๐ Explore Hivemapper's latest price trends
Key Features of Hivemapper
- Decentralized Infrastructure: Eliminates reliance on centralized map providers.
- Drive-to-Earn Model: Contributors earn HONEY tokens for capturing and updating 4K street-level imagery.
- Global Freshness: Frequent updates ensure high-quality, current maps.
HONEY Token Economics
| Metric | Value |
|---|---|
| Current Price | $0.0175 |
| 24h Change | -1% |
| All-Time High | $0.96 (Jan 17, 2024) |
| Circulating Supply | 4.45B (45% of max supply) |
| Market Cap | $77.95M |
| Fully Diluted Valuation | $175.03M |
Price Performance
Historical Trends
- 1 Week: โ 12.53% ($0.02 โ $0.0175)
- 1 Month: โ 32.5% ($0.0259 โ $0.0175)
- 1 Year: โ 76% ($0.0727 โ $0.0175)
Real-Time Data
| Timeframe | Price | Change |
|-----------|-------|--------|
| Today | $0.0175 | โ 0.85% |
| 24h | $0.0176 | โ 0.85% |
| 7d | $0.0200 | โ 12.53% |Network Specifications
Blockchain: Solana
Contract Address: 4vMsoUT2BWatFweudnQM1xedRLfJgJ7hswhcpz4xgBTy
Frequently Asked Questions
What is Hivemapper?
A decentralized global mapping network launched in November 2022 that compensates contributors with HONEY tokens for collecting street-level imagery via dashcams.
How does Hivemapper work?
- Contributors install Hivemapper dashcams.
- Imagery is uploaded to the network.
- Consumers pay with HONEY to access data.
- Contributors earn tokens based on regional "Multiplier" values.
๐ Learn how to participate in decentralized mapping
What problems does it solve?
- Cost: Reduces business expenses for map data.
- Freshness: More frequent updates than traditional maps.
- Censorship Resistance: Decentralized data storage.
Who founded Hivemapper?
Ariel Seidman and Evan Moss initiated the project to disrupt traditional mapmaking monopolies.
Market Potential
Use Cases:
- Logistics & Transportation
- Insurance Risk Assessment
- Real Estate Development
- Government Urban Planning
Competitive Edge:
- Lower operational costs via crowdsourcing.
- Incentivized global participation.
Technical Insights
Supply Dynamics
- Max Supply: 10B HONEY
- Current Circulation: 4.45B (69% of total supply)
Valuation Metrics
- Trading Volume (24h): $868.15K
- Market Rank: #169 on Coinbase
Comparative Assets
Projects with similar market caps:
- Bonfida
- Bio Protocol
- Frax USD
How to Get Started
- Acquire HONEY via supported exchanges.
- Contribute Data: Install a Hivemapper dashcam.
- Earn Rewards: Receive tokens for verified contributions.
Note: Always conduct independent research before participating.