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Hivemapper

HONEY

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About Hivemapper

Hivemapper is a decentralized mapping network that aggregates road-level imagery and data. Vehicles equipped with Hivemapper dashcams contribute to building the network’s map. HONEY is the utility token of the Hivemapper Network. HONEY is rewarded to network contributors, and used by consumers to pay for access to the network’s mapping data.

Hivemapper (HONEY) is a decentralized global mapping network that was initiated in November 2022. It provides compensation to contributors for collecting high-volume 4K street-level imagery using dashcams through a Drive-to-Earn model. The dashcams used are a combination of a camera that records street-level imagery and a blockchain mining device. Users who operate these dashcams are compensated in HONEY, Hivemapper's native cryptocurrency token. The project seeks to create a global digital street-level imagery map and keep track of physical changes around the globe over time.

Hivemapper operates by leveraging a vast number of people who drive extensively during their day-to-day job to collect street-level imagery. This approach aims to result in lower cost maps as mapping is a by-product and not the primary activity. It also strives to lead to more up-to-date maps as more contributors contribute to the map, resulting in the same location being mapped more frequently. Contributors receive compensation for mapping unmapped roads and for updating old data. They are also compensated when data is consumed by customers. The magnitude of compensation varies per region depending on the Multiplier.

Hivemapper has a wide range of potential use cases. High-quality maps are crucial to public and private enterprises, including the transportation and logistics industries, as well as sectors such as insurance, real estate, utilities, and government. Hivemapper aims to address the problems of expensive map data for businesses, uneven coverage and freshness of map data, data without remuneration, and maps prone to censorship. By enabling contributors to collect high-quality, street-level imagery and compensating them with HONEY tokens, Hivemapper seeks to share the economic benefits of the global mapping network with the people who build the map.

Hivemapper was initiated by Ariel Seidman and Evan Moss in November 2022. The project was designed to address the problems associated with traditional mapmaking methods, such as the high cost of collecting road-level imagery and positioning data, and the consolidation of mapmaking among a few companies with the resources to reach global scale. Hivemapper's approach of leveraging a vast number of people who already drive extensively during their day-to-day job to collect street-level imagery aims to result in a more cost-effective and up-to-date mapping solution. Since its inception, Hivemapper has seen steady growth and continues to evolve, striving to improve its mapping capabilities and expand its global reach.

Market

Market stats

Market cap

$131.9M

Volume (24h)

$1.2M

Circulating supply

1.3B HONEY

Typical hold time

23 days

Popularity

#369

All time high

$0.96

Price change (1h)

+1%

Price change (24h)

-4.03%

Price change (7d)

-4.39%

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Hivemapper is on the decline this week.

The price of Hivemapper has increased by 1.00% in the last hour and decreased by 4.03% in the past 24 hours. Hivemapper’s price has also fallen by 4.39% in the past week. The current price is $0.10 per HONEY with a 24-hour trading volume of $1.23M. Currently, Hivemapper is valued at 89.54% below its all time high of $0.96. This all-time high was the highest price paid for Hivemapper since its launch.

The current circulating supply of Hivemapper is 1,310,680,075.518 HONEY which means that Hivemapper has as total market cap of 1,310,680,075.518.

FAQ

What is the current price of Hivemapper?

We update our Hivemapper to USD currency in real-time. Get the live price of Hivemapper on Coinbase.

What is the market cap of Hivemapper?

The current market cap of Hivemapper is $131.94M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Hivemapper?

The all-time high of Hivemapper is $0.96. This all-time high is highest price paid for Hivemapper since it was launched.

What is the 24 hour trading volume of Hivemapper?

Over the last 24 hours, the trading volume of Hivemapper is $1.23M.

What other assets are similar to Hivemapper?

Assets that have a similar market cap to Hivemapper include Pandora, Ark, Maverick Protocol, and many others. To see a full list, see our comparable market cap assets.

How many Hivemapper are there?

The current circulating supply of Hivemapper is 1.3 billion.

What is the typical holding time of Hivemapper?

The median time that Coinbase customers hold Hivemapper before selling it or sending it to another account or address is 23 days.

What is the relative popularity of Hivemapper?

Hivemapper ranks 188 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy Hivemapper on Coinbase?

Yes, Hivemapper is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Hivemapper guide.