Launched in November 2022, Hivemapper (HONEY) is a decentralized global mapping network that rewards its contributors for collecting high-volume 4K street-level imagery with dashcams through a Drive-to-Earn model.

Imagery acquisition devices come in the form of 4k Dashcams, which are a combination of a camera that records street-level imagery and a blockchain mining device. Users who operate dashcams thus mine and earn rewards in Hivemapper's native cryptocurrency token, HONEY.

Hivemapper was founded by Ariel Seidman (Co-Founder & CEO) and Evan Moss (Co-Founder & CTO).

Building a global digital street-level imagery map is one thing, but keeping track of and mapping physical changes around the globe through time is far more difficult to achieve.

One might ask how this compares to Google Maps. Although Google Maps does a reasonable job of creating initial street-level coverage, they are unable to record changes to maps in a uniform way across the globe. Doing so would require vast amounts of people and resources that are currently unfeasible. Additionally, Google Maps uses expensive cameras, vehicles, and manpower solely for mapping. This cost is passed down to the customer.

Hivemapper takes a different approach. It leverages a vast number of people that already drive extensively during their day-to-day job to collect street-level imagery. This has two primary upsides;

• Lower Cost Maps - With Hivemapper mapping is a by-product and not the primary activity (People already drive for their main occupation). The primary result of this is a lower cost of service to access the data.
• More Up-To-Date Maps - Because anyone can join Hivemapper through the acquisition of relatively inexpensive hardware, more contributors contributing to the map will result in the same location being mapped more frequently.
• Higher Quality Maps - For many locations, Google Maps only passes by a specific location once every few years. If atmospheric and lighting conditions aren't ideal, it might take years before better imagery becomes available.

Approximate Mining Periods are Weekly between Monday - Friday and are distributed Wednesday the proceeding week. Contributors are rewarded for mapping unmapped roads and for updating old data (freshness). Additionally, they are rewarded when data is consumed by customers. The magnitude of rewards varies per region depending on the Multiplier. Please consult the Hivemapper explorer for details: https://hivemapper.com/explorer/.

The all-time high of HONEY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Hivemapper (HONEY) is 0. The current price of HONEY is down 0% from its all-time high.

As of , there is currently 2.91Bn HONEY in circulation. HONEY has a maximum supply of 0.

The current market cap of HONEY is 216.79M. It is calculated by multiplying the current supply of HONEY by its real-time market price of 0.074468099.

The all-time low of HONEY was 0 , from which the coin is now up 0%. The all-time low price of Hivemapper (HONEY) is 0. The current price of HONEY is up 0% from its all-time low.

Hivemapper (HONEY) has a market capitalization of $216.79M and is ranked #298 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Hivemapper (HONEY) price trends and patterns to find the best time to purchase HONEY.