Hivemapper (HONEY) is a decentralized global mapping network that rewards its contributors for collecting high-volume 4K street-level imagery with dashcams through a Drive-to-Earn model. Native token is HONEY.
Imagery acquisition devices come in the form of 4k Dashcams, which are a combination of a camera that records street-level imagery and a blockchain mining device. Users who operate dashcams thus mine and earn rewards in Hivemapper’s native cryptocurrency token, HONEY.
Hivemapper has gained significant hype as one of the recent DePin projects, but it wasn’t widely available on centralized exchanges. Coinbase must have seen this as an opportunity and decided to list it.
HONEY Token is created on the Solana network with a total supply of 10 billion tokens, and the current circulating supply is 600 million. The significantly low circulating supply categorizes it as a risky asset for long-term investment.
Coinbase will list HONEY Token 17th January 2024 17:00 UTC. You can buy HONEY Token on Jupiter DEX