HONEY मूल्य

​Hivemapper is a decentralized mapping network. It uses blockchain technology to create up-to-date maps. You can contribute by using a dashcam to capture street-level imagery. In return, you earn HONEY tokens, Hivemapper's native cryptocurrency. 

HONEY tokens serve multiple purposes. They reward contributors for providing map data. Token holders can also participate in network governance. Additionally, HONEY tokens are used for transactions within the platform, such as purchasing map data. 

This community-driven approach ensures maps are current and accurate. It democratizes map creation, reducing reliance on large corporations. By participating, you help build a global map that's accessible to all. ​

​Hivemapper operates as a decentralized mapping network, allowing you to contribute to and benefit from the creation of up-to-date maps. Here's how it works:​

1. Capture Imagery: Install a Hivemapper Dashcam in your vehicle. As you drive, the dashcam records street-level imagery. ​

2. Upload Data: Use the Hivemapper app on your smartphone to transfer the captured imagery to the Hivemapper network. ​

3. Earn HONEY Tokens: For your contributions, you receive HONEY tokens, Hivemapper's native cryptocurrency. These tokens can be traded or used within the Hivemapper ecosystem. ​

4. Participate in AI Training: Beyond driving, you can play AI Trainer games to help improve the network's mapping accuracy. This involves teaching the system to recognize various road elements, further enhancing map quality. 

5. Access Map Data: The collected data is processed to create detailed maps. Businesses and individuals can access this up-to-date map data, ensuring accurate navigation and planning. 

By participating in Hivemapper, you contribute to building a global, community-driven map while earning rewards for your efforts.​

​Hivemapper was co-founded by Ariel Seidman and Evan Moss. Ariel previously led Yahoo! Maps, while Evan worked on Google Maps and Earth.

The Hivemapper Network launched on November 3, 2022. This decentralized mapping platform uses blockchain technology and the HONEY token to reward contributors.​

As of March 2025, the network has grown significantly. Active contributors have mapped over 450 million kilometers of total roads, amounting to 31% global coverage. 

Looking ahead, Hivemapper aims to:​

> Expand its Map AI globally.

> Improve positional accuracy.

> Develop open-source tools.

> Introduce new API products.​

​Hivemapper's HONEY token serves several key functions within its decentralized mapping network:​

1. Contributor Rewards: When you capture and upload street-level imagery using a Hivemapper dashcam, you earn HONEY tokens. This incentivizes continuous map data collection. 

2. Map Data Consumption: Businesses and developers use HONEY tokens to access and utilize Hivemapper's map data for their applications. This creates a demand for the token within the ecosystem. ​

3. Burn and Mint Mechanism: When map data consumers spend HONEY tokens, a portion is burned (permanently removed from circulation), and a share is reissued to contributors. This system helps balance token supply and demand. 

4. Trading on Exchanges: You can trade Hivemapper tokens on cryptocurrency exchanges like KuCoin. This allows you to buy, sell, or hold tokens based on market dynamics. ​

The total supply of Hivemapper is fixed at 10 billion HONEY tokens.

Hivemapper Token Allocation

> 40% (4 billion tokens) are designated as rewards for contributors who actively participate in building and enhancing the Hivemapper Network.​

> 20% (2 billion tokens) are allocated to investors who provided the initial capital necessary to launch the network.

> 20% (2 billion tokens) are reserved for Hivemapper Inc. employees, recognizing their efforts in developing the essential technical and operational systems.​

> 15% (1.5 billion tokens) are allocated to Hivemapper Inc. to support ongoing research and development, as well as operational activities.​

> 5% (500 million tokens) are assigned to the Hivemapper Foundation, which oversees the network's governance and facilitates its continuous success. 

$HONEY Burn and Mint Mechanism

To balance supply and demand, Hivemapper employs a "Burn and Mint" mechanism:​

> Burning: When businesses or developers consume map data, they burn HONEY tokens, permanently removing them from circulation.​

> Minting: A portion of these burned tokens is re-minted and distributed as rewards to contributors, ensuring continuous incentives for participation. 

This structure ensures that the token supply remains controlled while aligning the interests of both contributors and consumers within the Hivemapper ecosystem.​