![]() ![]() Is Public An icon of a human eye and eyelashes. Telephone An icon of a traditional telephone receiver. Profile An icon that resembles human head and shoulders. Linked In An icon of the Linked In "in" mark. Facebook An icon of the Facebook "f" mark. Caret An icon of a block arrow pointing to the right. Cancel An icon of a circle with a diagonal line across. Ariel Seidman, Hivemapper’s CEO and co-founder, told TechCrunch there will only ever be 10 billion HONEY tokens in existence.Calendar An icon of a desk calendar. When companies purchase map data from Hivemapper, that money is converted into tokens in the back end, which the system can then use to reward new or existing contributors with more tokens. As more roads are mapped and the map becomes more useful to end customers, their demand for tokens increases. Hivemapper rewards drivers and editors with its native token called HONEY. The company says, Mapping with dashcams means its data is continuously being refreshed. Its dashcams are equipped with a high-quality imager and precise GPS, and they go for $549. Hivemapper relies on individual contributors around the world to collect its street-view data. Now the startup aims to map 10 million unique road kilometers by early next year. It took Google from 2007 to 2019 to collect 16.1 million kilometers of unique road data. However, Hivemapper collected this data over the last three months. Hivemapper said it collected more than 1 million kilometers of unique street-level imagery. Hivemapper, the startup that puts dashcams on ride-hail and delivery vehicles to map the world, is getting a little closer to its goal of toppling the B2B mapping empire that Google has built reported by TechCrunch. ![]()
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