Hivemapper
Crypto Overview
Purpose and Utility
Hivemapper is a decentralized mapping network that aims to create and maintain fresh, accurate maps using dashcams and community contribution. HONEY tokens serve as rewards for contributors who collect mapping data and validate map data quality.
Business Model Analysis
The business model involves incentivizing users to collect real-world mapping data using specialized dashcams. Contributors earn HONEY tokens for driving and collecting mapping data, while validators earn tokens for ensuring data quality. The model appears transparent and doesn't involve any prohibited activities.
Real-World Adoption
Hivemapper has launched its mapping network and proprietary dashcam hardware. The project has active contributors collecting mapping data across various regions, though adoption is still in early stages. The network has mapped millions of miles across multiple countries.
Platform Development
The project maintains active development with regular updates to both hardware and software components. The team consistently releases new features and improvements to the mapping platform and contributor tools.
Token Distribution
HONEY has a defined token distribution with allocations for the team, investors, and community rewards. Team tokens have vesting schedules to align long-term incentives.
Technical Infrastructure
The platform operates on the Solana blockchain, utilizing its high-speed and low-cost transactions for token rewards and governance. The mapping technology combines hardware (dashcams) with software for data processing and validation.
Crypto Impact
To assign a comfort level investing in Hivemapper from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Hivemapper.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.