HONEY
$0.00448348731584158

Hivemapper (HONEY) Price

$0.00448348731584158

Hivemapper (HONEY) Price Today

The live price of Hivemapper is 0.00448348731584158 USD. In the past 24 hours, the trading volume of Hivemapper was 624,031.14 USD, up by 3.15%. The current price has decreased by -1.25% from its 7-day high of 0.37 USD, and increased by 0.00386533% from its 7-day low of 0.00386533 USD. With a circulating supply of 6,525,544,966.89 Hivemapper, the market cap of Hivemapper is currently 87,580,471.00 USD, down by 0% in the last 24 hours. Hivemapper currently ranks #705 by market capitalization among cryptocurrencies.

Hivemapper (HONEY) Market Data

Market Cap
$24.9M
24h Volume
$624K
Circulating Supply
5.5B HONEY
Maximum Supply
10B HONEY
Fully Diluted Market Cap
$29.3M
Liquidity Indicator
2.50%
About
Rate
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FAQ

About Hivemapper (HONEY)

How can I buy Hivemapper (HONEY)?

You can buy Hivemapper (HONEY) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy Hivemapper guide for details. Sign up with BingX to trade HONEY first when it goes live.

What Is Hivemapper (HONEY) and How Does It Work?


Hivemapper (HONEY) is a decentralized, blockchain-powered global mapping network that rewards contributors for collecting real-world street-level imagery. Instead of relying on centralized companies like traditional map providers, Hivemapper crowdsources mapping data from drivers using specialized dashcams and mobile tools. Contributors earn HONEY tokens in exchange for uploading verified map data, creating a continuously updated and community-owned global map.

The network operates on the Solana blockchain, enabling fast and low-cost transactions for contributors and data buyers. Drivers capture street imagery using Hivemapper-approved dashcams, and the system validates the data before issuing HONEY rewards. Businesses, developers, and enterprises can then purchase access to this high-resolution mapping data via APIs. When map data is purchased, a portion of HONEY tokens is burned, helping balance supply through a burn-and-mint economic model.

In simple terms, Hivemapper combines “drive-to-earn” incentives with real-world infrastructure building. Contributors help map the world while earning crypto rewards, and companies gain access to frequently updated, decentralized mapping data. This model positions Hivemapper as a leading DePIN (Decentralized Physical Infrastructure Network) project bridging blockchain technology with real-world utility.

When Did Hivemapper Launch?


Hivemapper was launched in November 2022 as a decentralized global mapping network built on the Solana blockchain, with the goal of creating a community-owned, constantly updated street-level map using contributor-generated data. The first HONEY tokens were minted on November 1, 2022, and the network began official operations shortly after on November 3, 2022. Hivemapper was co-founded by Ariel Seidman (CEO) and Evan Moss (CTO), positioning the project at the forefront of the emerging DePIN movement in crypto. Since launch, tens of thousands of contributors around the world have helped map millions of unique kilometres of roads and routes, earning HONEY rewards for their data contributions.

Hivemapper Roadmap: Key Milestones


- 2015 – Concept & Early Development: Initial idea and groundwork started for a decentralized mapping solution (pivoted later to blockchain-incentivized model).

- Nov 1, 2022 – HONEY Token Minted: First HONEY tokens created on Solana blockchain.

- Nov 3, 2022 – Network Launch: Hivemapper Network and HONEY token launched on mainnet.

- 2023 – Rapid Expansion: Network scaled mapping coverage to millions of kilometres of roads.

- 2024–2025 – Ecosystem Growth: Continued adoption by contributors and enterprise use cases, with further development of tools and data products.

What Is the HONEY Token Utility?


The HONEY token is the native utility token of the Hivemapper Network, acting as the core economic engine that powers contributor incentives and access to real-world mapping data. Contributors who help build and improve the decentralized global map, such as by capturing street imagery or enhancing map quality, are rewarded with HONEY tokens for their work, aligning user participation with network growth and long-term sustainability.

On the consumer side, developers, enterprises, and data users pay for access to Hivemapper’s mapping services by redeeming HONEY tokens. A portion of these tokens is burned forever when spent on data access, and a portion is reminted and redistributed as consumption rewards, helping balance supply and demand and reinforcing HONEY’s real-world utility.

You can easily trade HONEY tokens on BingX by navigating to the Spot Market, searching for the HONEY/USDT trading pair, and placing a buy or sell order according to your preferred strategy. Once your order is filled, your HONEY balance will be credited to your BingX wallet, where you can hold, transfer, or trade further based on market conditions.

What Is Hivemapper Tokenomics?


The native HONEY token has a fixed maximum supply of 10 billion tokens, ensuring scarcity and predictable emissions over time.

HONEY Token Allocation


- 40% (4 billion HONEY) — Rewards for contributors who capture and upload map data and help improve the network.

- 20% (2 billion HONEY) — Allocated to early investors to support initial development and growth.

- 20% (2 billion HONEY) — Reserved for employees at Hivemapper Inc. involved in building the platform.

- 15% (1.5 billion HONEY) — Held by Hivemapper Inc. for R&D and operational support.

- 5% (500 million HONEY) — Assigned to the Hivemapper Foundation to help govern and support long-term ecosystem success.

How to Earn HONEY Tokens on Hivemapper


You can earn HONEY tokens by contributing high-quality, real-world mapping data to the Hivemapper Network. The platform operates on a “Drive-to-Earn” model, rewarding contributors who capture and upload street-level imagery that improves map coverage and freshness. Rewards are issued in HONEY tokens on the Solana blockchain, based on data quality, uniqueness, and regional demand.

Step 1: Get a Hivemapper-Approved Dashcam


To begin earning, you need a Hivemapper-compatible dashcam, such as the Bee device. After installing it in your vehicle and connecting it to the Hivemapper app, the device automatically captures street imagery while you drive. The system uses AI and validation checks to ensure the data meets network standards before issuing rewards.

Step 2: Drive and Upload Map Data


As you drive through unmapped or under-mapped areas, your dashcam collects street-level imagery. The more valuable the coverage (new roads, updated changes, high-demand zones), the higher the potential HONEY rewards. Data is uploaded to the network, validated, and then rewarded accordingly.

Step 3: Earn Based on Coverage and Demand


HONEY rewards vary depending on:

- Geographic demand and mapping gaps

- Data quality and clarity

- Frequency of contributions

- Map freshness and updates

The network dynamically adjusts emissions to prioritize areas where new or updated data is needed most.

Step 4: Hold, Trade, or Withdraw HONEY


Once earned, HONEY tokens are credited to your connected wallet. You can:

- Hold them as a long-term investment

- Trade them on exchanges like BingX Spot Market

- Transfer them to a compatible Solana wallet

By combining real-world data collection with blockchain incentives, Hivemapper allows everyday drivers to monetize their driving activity while contributing to a decentralized global mapping infrastructure.

 

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