List of Flash News about Hivemapper
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01:08 |
Decentralized Mapping Token HONEY on Solana: Paying for Map Data Google Gets Free, Burn-and-Mint Model and Trading Metrics
According to the source, a decentralized mapping network pays drivers for dashcam map data with the HONEY token on Solana, while Google Maps and Waze rely on user-contributed data without direct monetary compensation to individuals, highlighting a pay-for-data DePIN model versus free user data aggregation. source: Hivemapper Docs; Google Maps Terms of Service; Waze Help Center The network uses a burn-and-mint equilibrium in which HONEY is burned to create Map Credits that data buyers purchase and rewards are minted to contributors, linking token supply dynamics to real-world map usage. source: Hivemapper Tokenomics For traders, key on-chain and product metrics to monitor include HONEY burned, Map Credits sales volume, active dashcams, unique road kilometers mapped, and buyer growth on the official explorer as leading indicators of demand. source: Hivemapper Explorer; Hivemapper Docs Net token supply can contract if Map Credit demand and associated burns outpace reward emissions, while lagging demand increases dilution risk, making price sensitivity directly dependent on enterprise data usage. source: Hivemapper Tokenomics |