What Is Hivemapper (HONEY)? Now Available on Bittime
2025-11-28
Bittime - Hivemapper (HONEY) using the power of communities to create fresher and more relevant digital maps. So, what is Hivemapper (HONEY)? Check out the review in this article!
This network attracts the attention of many users because it provides token rewards.HONEY, and the good news is, this token is now available on the Bittime platform. This article will help you understand what Hivemapper is, how it works, and the role of the HONEY token in its ecosystem.
What is Hivemapper (HONEY)?
Hivemapper is an open, collaboratively built global mapping network built by the community. It works simply: anyone who wants to contribute can collect street images using a specific device while they're driving.
These images will then be processed to create a fresher, more comprehensive map. The more people contribute, the faster and more robust the resulting map will be.
This concept changes the way digital map. While maps have traditionally been controlled by a few large companies, Hivemapper offers a different approach through a decentralized network that offers rewards to anyone who participates in map development.
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About Hivemapper Network
The Hivemapper Network launched in November 2022 as a global mapping network leveraging machine intelligence technology.
Each contributor uploads a street image they've captured, and the system processes it to map various details such as speed signs, traffic lights, lane boundaries, and so on.
There are several important things that Hivemapper aims to solve:
1. Traditional maps are expensive and difficult to update.
2. Many businesses need more accurate maps, but the cost of mapping often makes it out of reach.
3. Map data almost always comes from users, but doesn't reward them. Hivemapper wants to change this into a more open, fresher, and fairer system.
This network is open to anyone. You simply need to follow the basic rules to contribute. No special permissions are required. The reward system is transparent, allowing everyone to see their contributions to the network.
What is HONEY Token?
Token HONEY is a digital asset that is at the core of the Hivemapper ecosystem. This token is awarded to all contributors who help build the map.
Every time they collect images, update map data, or help train machine intelligence systems, they will earn HONEY tokens in return.
The HONEY token is used as a bridge between two important groups in the network: contributors who collect data, and developers or companies who need map data for their products.
When companies want to extract data from the Hivemapper Network, they need to burn HONEY tokens. A small portion of these tokens will be returned as rewards to contributors.
HONEY is built on the Solana network to ensure fast and affordable transactions. This token also serves as a token of appreciation for the community that built the map together.
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Tokenomics and HONEY Token Distribution
HONEY has a maximum supply of 10 billion tokens. This number is designed to keep token distribution scalable and aligned with the network's long-term needs.
Token distribution is done like this:
40% for Hivemapper Network contributors.
20% for early investors.
20% for employees who work on developing systems.
15% for Hivemapper company as operational support.
5% for the Hivemapper Foundation as the ecosystem manager.
The HONEY token distribution system uses a burn and mint mechanism. Every time a company or developer uses map data, they burn HONEY. Of that burned amount, a small portion is minted as rewards for contributors.
With this mechanism, demand for map data directly impacts the rewards the community receives.
This model also allows the HONEY token to be more controlled and relevant to the network's development. The greater the data usage, the greater the token's value within the ecosystem.
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Conclusion
Hivemapper offers a new approach to global mapping by leveraging community contributions. Through the HONEY token, the project rewards those who help create fresher, more accurate, and more up-to-date maps.
The network is open to everyone, and now with HONEY on Bittime, it's even easier for you to get involved.
With its transparent model, clear distribution system, and potential for broad data use, Hivemapper is an interesting community-based mapping project to follow.
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FAQ
What is Hivemapper?
Hivemapper is a decentralized network consisting of people, cameras, and applications that aim to map the world real-time. This network is known as the protocolDePIN (Decentralized Physical Infrastructure Network)which is built on blockchain Solana.
How much does Hivemapper pay?
The average hourly wage for a Hivemapper in the United States ranges from $17.32 (for Driver) to $23.92 (for Truck Driver). The average annual salary ranges from approximately $69,296 to $104,881.
How to earn money on Hivemapper?
You can make money by:
Downloadingwallet Phantom (or something similar).
Start driving andcontribute real-world image datato the Hivemapper network usingdashcam special.
Get HONEY tokens in return for contributions, then exchange them (swap) with other tokens like SOL or USDC on wallet You.
What is the contract address for Hivemapper?
The contract address of the Hivemapper token (HONEY) on the Solana network (SPL token) is:
$4vMsoUT2BWatFweudnQM1xedRLfJgJ7hswhcpz4xgBTy$
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