Hivemapper
Current price
$0.00208
−7.45%24h
LiveUpdated 20s ago
TodayHivemapper drops 7.4%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour+1.46%
- 24 hours−7.45%
- 7 days−33.71%
- 30 days+59.47%
- 1 year−81.69%
Hivemapper's move in context
Lagging the market today
−7.45% today against −3.24% for the market as a whole, a gap of 4.2 points. A gap this wide suggests something specific to Hivemapper may be moving it, not just the market mood.
Trend has turned
−33.7% over 7 days and +59.5% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Hivemapper
Overview
Hivemapper is a decentralized mapping and data-gathering platform that leverages blockchain technology to transform how real-world maps and location data are created and updated. Its core mission is to democratize the collection of spatial data, allowing users to contribute to and access high-quality mapping information freely and openly. By utilizing a community-driven approach, Hivemapper distinguishes itself through its unique incentive structure, where contributors are rewarded with HONEY tokens for uploading relevant mapping data. This decentralized method ensures that maps remain up-to-date and reflective of real-world changes while providing a lucrative opportunity for participants.
Technical Features
The technical architecture of Hivemapper is based on a consensus mechanism that allows users to verify and validate data contributions securely. It employs a proof-of-coverage model, ensuring that contributors provide accurate and extensive coverage of the areas they are mapping. Security is paramount, with built-in cryptographic techniques employed to protect data integrity and prevent unauthorized modifications. The network architecture is fundamentally decentralized, meaning that there is no central authority controlling the mapping data, which enhances transparency and trust among users. Additionally, Hivemapper utilizes advanced algorithms to process and analyze spatial data, ensuring efficient storage and retrieval, while maintaining an adaptive feedback loop that improves mapping accuracy over time.
Use Cases
Hivemapper serves a variety of use cases across different domains. In the realm of decentralized finance (DeFi), it provides essential locational data that can be integrated into various financial applications, enhancing spatial-based services. Governance applications can also leverage Hivemapper's mapping data for assessing infrastructure needs and urban planning initiatives. Furthermore, as a platform that supports non-fungible tokens (NFTs), Hivemapper offers unique digital assets tied to specific geographical locations. Cross-border payments can benefit from improved location data, facilitating content delivery and logistics. Additionally, the platform supports the functionality of smart contracts, allowing users to create agreements and automate processes based on real-world geographical information.
Development Background
Hivemapper was conceived in 2020 by a team of skilled developers and entrepreneurs with a vision for revolutionizing how mapping data is generated and used. Amit Prakash, one of the key figures behind its development, sought to leverage blockchain technology to build an open ecosystem for spatial data collection. The project gained significant traction and support from various blockchain enthusiasts and technology organizations. Notable milestones in Hivemapper's journey include its initial token sale and the subsequent launch of its incentive program, which facilitated early adoption and contributed to a growing user base. Since its inception, Hivemapper has continued to innovate, releasing updates that enhance platform usability and data validity.
Community and Ecosystem
The Hivemapper ecosystem is characterized by a vibrant community that actively participates in the data collection process. Developers, map enthusiasts, and everyday users contribute to the platform, ensuring that mapping data remains dynamic and relevant. Collaborations with tech companies and research institutions have bolstered the project’s credibility and outreach, leading to partnerships that expand its functional capabilities. Various applications are already being built on top of the Hivemapper platform, including tools for urban planning, environmental monitoring, and logistics optimization. The community-driven development approach fosters continuous improvement and innovation, shaping Hivemapper into an integral part of the decentralized mapping landscape.
Future Potential
The future potential of Hivemapper is promising, considering its robust technology and the increasing demand for accurate spatial data. With an emphasis on continual growth and evolution, the roadmap indicates upcoming features that will enhance data processing capabilities and user engagement. Hivemapper aims to expand its reach beyond the current user base, tapping into industries such as autonomous vehicles, augmented reality, and emergency response systems. As urban environments become increasingly complex, the need for reliable mapping solutions will grow, positioning Hivemapper as a leader in the decentralized mapping revolution. With its community at the helm, Hivemapper is well-equipped to adapt to future challenges and opportunities, solidifying its place in the evolving blockchain space.
Hivemapper market
- Position by market cap among the coins we track.
- #364
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $9.48M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.001953High $0.002295
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.3763
- Now 1% of itReached 12 Dec 2023 · Needs +17,990% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 4.56B HONEY
- 46% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 6.25B HONEY
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 10B HONEY
- The most coins that can ever exist. Some coins have no limit.
Hivemapper converter
1 Hivemapper = $0.00208
