HONEYHivemapper (HONEY) Price

1. Project introduction

The Hivemapper Network is building a blockchain-based decentralized global mapping network that collects fresher, high resolution, and relevant map data in a more cost-effective way. The commercial value of the Hivemapper map is shared with its contributors. Map contributors capture 4K street-level imagery, carry out quality assurance, and annotate imagery. Map consumers leverage the map API across industries and use cases. Hivemapper is revolutionizing the mapping economy.

2. Team introduction

CEO：Ariel Seidman

https://www.linkedin.com/in/aseidman/

3. Application and distribution

Token application:

HONEY tokens are used to create economic incentives across the Hivemapper Network, while balancing the needs of two groups within our ecosystem:

Map Data Contributors who contribute to the Hivemapper Network. They receive HONEY as a reward for submitting imagery, completing AI Trainer tasks, and editing map data.

Enterprises and Developers who consume map data to support their products and services. HONEY is burned whenever they consume data from the Hivemapper Network.

Token distribution:

There is a fixed maximum supply of 10 billion HONEY tokens.

Tokens were initially allocated in the following manner:

40% to contributors as rewards for their participation in building the Hivemapper Network.

20% to investors for providing the startup capital required to launch the Hivemapper Network.

20% to employees of Hivemapper Inc. for building the technical and operational systems that are necessary to run the Hivemapper Network.

15% to Hivemapper Inc. for providing R&D and operational support to the Hivemapper Network.

5% to the Hivemapper Foundation, which facilitates the ongoing management and success of the Hivemapper Network.