In this insightful article, delve into the details of Hivemapper (HONEY), a pioneering Solana-based project.
Learn how it's changing the landscape of decentralized mapping and rewarding its community, and why its recent inclusion in Coinbase's listing roadmap has led to an impressive 138% surge in its value.
Explore the potential of "Drive to Earn" with HONEY and what this means for the future of cryptocurrency and mapping technology.
HONEY: Price jumped about 138% after Coinbase announcement
Cryptocurrency exchange "Coinbase" announced on January 4, 2024, that they have added Hivemapper (HONEY), an altcoin based on Solana, to the company's publicly available cryptocurrency listing roadmap.
Coinbase's listing roadmap, known until a few years ago as the "listing consideration list", has been described as follows: "Following the update on July 1, 2022, the list no longer includes cryptocurrencies under consideration, now featuring only those assets actively decided to be listed."
The listing roadmap serves to maintain transparency by preemptively announcing intended listings, though it doesn't guarantee specific listing dates or confirm the actual listing.
However, cryptocurrencies listed on Coinbase tend to surge in price, drawing significant attention from investors to the listing roadmap.
This announcement reported the addition of Hivemapper (HONEY), a cryptocurrency based on Solana, to the listing roadmap. Following Coinbase's announcement, the price of HONEY soared approximately 138%, from $0.13 to $0.31.
What is Hivemapper (HONEY)?
Hivemapper (HONEY) is a decentralized mapping project based on Solana. It involves creating a global map by having drivers worldwide capture images with car-mounted cameras, rewarding contributors with HONEY tokens.
Community participants can install dashcams in their vehicles and the Hivemapper app on their smartphones, enabling them to collect and transfer images.
By connecting the Phantom wallet to the Hivemapper app, participants can earn HONEY rewards based on their contribution.
Furthermore, the mapping data created can be accessed and used, and HONEY tokens are also employed for purchasing this data.
Hivemapper (HONEY) has garnered attention as a project with a "Drive to Earn" aspect, where participants can earn cryptocurrency while driving, heightening expectations for its further growth.
Hivemapper's official website can be found here The latest articles related to Solana are available here
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