What is Hivemapper (HONEY)?

Deep Dive

1. Purpose & Value Proposition

Hivemapper addresses the limitations of outdated, centralized mapping systems by crowdsourcing real-time road imagery. Contributors install dashcams (called "Bees") to passively capture data while driving, which is processed into AI-powered maps. Enterprises like Volkswagen’s ADMT use this data for autonomous vehicle testing, leveraging its freshness and granularity (CoinDesk).

2. Technology & Architecture

The network runs on Solana, chosen for low fees and high throughput to handle frequent micro-transactions. Contributors’ data is validated on-chain, and AI models extract features like lane markings and speed signs. This creates "living maps" updated daily, contrasting with traditional annual surveys.

3. Tokenomics & Governance

• Max Supply: 10 billion HONEY, with 40% allocated to contributors.
• Burn-and-Mint: 75% of tokens burned for data access are permanently removed; 25% are reissued as rewards.
• Map Credits: A USD-pegged system lets enterprises purchase data access, directly linking HONEY’s utility to demand.

Conclusion

Hivemapper reimagines mapping as a community-driven utility, using crypto incentives to fuel a self-sustaining ecosystem. With partnerships validating its real-world impact, can its tokenomics maintain equilibrium as adoption grows?