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The Milk Road Show
Earning Crypto With Your Car | Ariel Seidman @ Hivemapper | #289
Jan 16, 2024
Ariel Seidman, Co-founder of Hivemapper, talks about creating dynamic, real-time maps with various applications. Topics include token incentives, improving maps, expanding dash cam network, local energy production, getting involved in Hivemapper, challenges in scaling a hardware company, and life advice.
01:01:35
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Quick takeaways
- Hivemapper utilizes token incentives and blockchain technology to incentivize drivers to contribute data, resulting in the mapping of 10% of the world's roads in just one year.
- Hivemapper's fresh and detailed data products offer a competitive alternative to existing mapping solutions, presenting significant market potential in industries like navigation systems and autonomous driving.
Deep dives
The Power of Token Incentive Mechanisms and On-Chain Possibilities
Hive Mapper utilizes token incentive mechanisms and operates on the blockchain, allowing everyday drivers to contribute data to the mapping process. This approach has incentivized 10,000 drivers to install Hive Mapper dashcams and map 10% of the world's roads in just one year. The transparent nature of blockchain technology builds trust among participants, ensuring the accuracy and reliability of the data.
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