Hivemapper Price

Hivemapper (HONEY) is a cryptocurrency operating on the Solana platform that powers the Hivemapper Network, a decentralized mapping ecosystem. Currently ranked #1011 with a price of $0.001941, it has seen a -0.66% change in the last 24 hours. Hivemapper is used to reward contributors who help build and maintain the mapping network and to purchase network data. Launched in October 2022, Hivemapper has a circulating supply of 5.73B HONEY out of a maximum supply of 10B HONEY. The token is part of the DePIN (Decentralized Physical Infrastructure Networks) category and operates within the Solana ecosystem. With a market cap of $11.14M and 24-hour trading volume of $16.6K, Hivemapper serves as the economic backbone of a decentralized mapping solution that leverages community contributions to create and update map data.

Hivemapper (HONEY) was created on October 31, 2022, and officially launched on November 3, 2022. It operates on the Solana platform and serves as the cryptocurrency of the Hivemapper Network, where it's used to reward contributors and purchase network data. At launch, the network began minting and distributing 4 billion HONEY tokens to contributors as rewards. The token has a maximum supply of 10 billion HONEY.

Hivemapper was founded by the Hivemapper Foundation, which launched the cryptocurrency in 2022. The foundation oversees the distribution and management of HONEY tokens within the Hivemapper Network ecosystem. The project was established to create a decentralized mapping network where contributors are rewarded with HONEY tokens. The Hivemapper Foundation allocated 20% of tokens to employees who enabled the network launch and 5% to foundation initiatives for network growth. The official distribution of HONEY to network contributors began on November 3, 2022, with 4 billion tokens designated for contributor rewards.

Hivemapper operates on the Solana blockchain as a utility token that powers the Hivemapper decentralized mapping network. HONEY tokens incentivize users to collect and contribute map data using specialized dashcams, creating a community-driven alternative to traditional mapping services. Contributors earn HONEY rewards when they capture and upload fresh mapping data, while consumers spend HONEY to access and utilize these mapping services. The token has a maximum supply of 10B HONEY with 5.73B HONEY currently in circulation. The token economics are designed to balance rewards for data contributors with utility value for map data consumers, creating a sustainable ecosystem. HONEY's value is currently $0.001941, with a market cap of $11.14M. As a DePIN (Decentralized Physical Infrastructure Network) token, HONEY represents ownership in a growing mapping ecosystem that leverages blockchain technology to create a more equitable and community-owned mapping solution compared to centralized alternatives.

Hivemapper operates on the Solana blockchain platform, utilizing a distributed computing architecture. The technical foundation includes: 1. Solana-based SPL token: HONEY is built as an SPL token (Solana Program Library) with contract address 4vMsoUT2BWatFweudnQM1xedRLfJgJ7hswhcpz4xgBTy. 2. DePIN (Decentralized Physical Infrastructure Network) technology: Hivemapper powers a decentralized mapping ecosystem where users contribute geographic data. 3. IoT integration: The architecture connects with physical mapping devices that collect and validate real-world data. 4. Tokenomics structure: 10B HONEY tokens maximum supply with 5.73B HONEY currently in circulation. 5. Smart contract functionality: Enables automated rewards distribution to network contributors. 6. Distributed consensus mechanism: Leverages Solana's Proof of History (PoH) and Proof of Stake (PoS) for transaction validation. This architecture enables Hivemapper to function efficiently within its geospatial services ecosystem while maintaining security and scalability.

Hivemapper has an ambitious roadmap focused on expanding its DePIN (Decentralized Physical Infrastructure Network) ecosystem. By 2027, the team plans to enhance their mapping technology and increase global coverage through their decentralized mapping network. The 2026-2028 roadmap includes implementing advanced AI features for map data processing, expanding partnerships with transportation and logistics companies, and improving token utility within the ecosystem. The project aims to achieve significant milestones by 2031, including broader adoption of their mapping solutions and integration with smart city initiatives. HONEY token holders can expect new staking mechanisms and governance features to be implemented, giving the community more say in the project's direction. With a current price of $0.001941 and a market cap of $11.14M, Hivemapper is positioned for potential growth as the DePIN sector continues to mature in the Web3 space.