hivemapper

ChainCatcher news, the decentralized mapping project Bee Maps (supported by Hivemapper technology) announced that it has completed a new round of financing of $32 million, led by Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital.Bee Maps is an application running on the Hivemapper network. Hivemapper is one of the largest decentralized physical infrastructure networks in the world based on Solana, focusing on the construction of map data. Hivemapper allows drivers to contribute data through dashcams equipped with AI capabilities, which can detect road changes in real-time (such as new road signs, detours, construction areas, etc.), ensuring that digital maps can be quickly updated and remain accurate. Bee Maps leverages this infrastructure to incentivize users to upload street-level image data and rewards them with its native token HONEY.

ChainCatcher news, according to SolanaFloor reports, decentralized physical infrastructure (DePIN) projects based on Solana generated $1.6 million in revenue in August, setting a new historical record. These projects include Helium, Hivemapper, GEODNET, Render Network, Uprock, and Natix.

ChainCatcher news, Multicoin Capital co-founder Kyle Samani posted on X that currently Helium, Hivemapper, and io.net have generated over $50 million in total. By 2025, the revenue from these three projects will exceed $100 million.Along with many other DePIN projects on the Solana chain, 2025 will be remembered as the breakthrough year for DePIN.

ChainCatcher news, SolanaFloor shared information on X, the Solana ecosystem decentralized mapping network Hivemapper stated at the Solana Breakpoint 2024 conference that it is selling data to three of the top ten map manufacturers globally. In April 2022, Hivemapper announced the completion of a $18 million financing round, led by Multicoin Capital, with participation from the founder of Solana, a former Apple Maps executive, and the CEO of Helium.

ChainCatcher news, according to RootData data, the Hivemapper token (HONEY) has increased by 43.18% in the last 24 hours, currently priced at $0.0814.Additionally, the Web3 asset data platform RootData shows that Hivemapper is a decentralized, continuously updated map built by people using dashcams. This new map economy represents a fundamental shift in the way people build maps and ownership, sharing economic benefits with those who contribute to building the global map.

ChainCatcher news, Coinbase announced that it will add support for Hivemapper (HONEY) on the Solana network (SPL tokens). If liquidity conditions are met, trading will begin on January 18, 2024, at 1:00 AM Beijing time or later. Once the asset supply is sufficient, trading on the HONEY-USD trading pair will be launched in phases. In certain jurisdictions, support for HONEY may be restricted.

ChainCatcher news, according to official sources, Coinbase has listed Hivemapper token HONEY on its listing roadmap. Additionally, according to Coingecko data, Hivemapper (HONEY) has seen a short-term surge, currently priced at $0.2072, with a 24-hour increase of 66.78%.