Hivemapper (HONEY) Price
Hivemapper Price
DeFi Analytics
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| KCEX | HONEY/USDT | 0.00 | 0.00 | 0.00 | 153,766.30 | 0.00 | cex | 1.00 | 4/8/2025, 4:35 AM |
| MEXC | HONEY/USDT | 0.02 | 13,113.89 | 31,345.73 | 151,291.81 | 0.01 | cex | 331.00 | 7/9/2025, 4:18 AM |
| AscendEX | HONEY/USDT | 0.02 | 3,106.22 | 568.90 | 140,159.74 | 0.01 | cex | 253.00 | 7/9/2025, 4:18 AM |
| Coinbase Exchange | HONEY/USD | 0.02 | 65,632.25 | 92,341.88 | 136,304.58 | 0.01 | cex | 301.00 | 7/9/2025, 4:23 AM |
| Ourbit | HONEY/USDT | 0.02 | 12,969.20 | 31,014.09 | 107,960.35 | 0.01 | cex | 316.00 | 7/9/2025, 4:15 AM |
| LCX Exchange | HONEY/EUR | 0.02 | 205.41 | 819.33 | 90,732.67 | 0.51 | cex | 40.00 | 7/9/2025, 4:21 AM |
| Gate | HONEY/USDT | 0.02 | 20,382.52 | 40,646.91 | 81,612.49 | 0.00 | cex | 345.00 | 7/9/2025, 4:23 AM |
| BingX | HONEY/USDT | 0.02 | 0.00 | 0.00 | 30,292.25 | 0.00 | cex | 1.00 | 5/5/2025, 12:00 PM |
| XBO.com | HONEY/USDT | 0.02 | 19,411.84 | 40,634.80 | 15,245.17 | 0.05 | cex | 213.00 | 7/9/2025, 4:21 AM |
| Kraken | HONEY/USD | 0.02 | 16,041.86 | 31,920.89 | 13,801.38 | 0.00 | cex | 356.00 | 7/9/2025, 4:23 AM |
Hivemapper FAQ
Hivemapper (HONEY), introduced in November 2022, is a decentralized global mapping network that incentivizes its contributors for collecting extensive 4K street-level imagery using dashcams via a Drive-to-Earn model. The devices used for capturing imagery are 4K Dashcams, which integrate a camera for recording street-level imagery with blockchain mining capabilities. Operators of these dashcams participate in mining and receive rewards in the form of Hivemapper's native cryptocurrency token, HONEY.
Hivemapper was established by Ariel Seidman, who serves as Co-Founder and CEO, and Evan Moss, who acts as Co-Founder and CTO.
Constructing a comprehensive global digital street-level imagery map presents a challenge, yet documenting and mapping physical changes around the world over time is significantly more complex. Many may wonder how this effort stands against Google Maps. Although Google Maps effectively establishes initial street-level coverage, the platform struggles to uniformly document changes globally. Achieving this would necessitate extensive manpower and resources, which are currently unattainable. Furthermore, Google Maps relies on costly cameras, vehicles, and dedicated personnel for mapping, leading to expenses ultimately borne by the customer. Hivemapper adopts an alternative strategy. It utilizes numerous individuals who already drive extensively as part of their daily occupations to gather street-level imagery. This approach offers two main advantages: * Cost-Effective Mapping - With Hivemapper, mapping occurs as a secondary benefit rather than a primary activity, as individuals are already driving for their main jobs. The result is a reduced cost for accessing the data. * Enhanced Map Currency - Due to the ability for anyone to join Hivemapper through the use of relatively affordable hardware, an increased number of map contributors ensures more frequent updates of the same locations. * Improved Map Quality - In many areas, Google Maps only revisits particular locations every few years. If the atmospheric and lighting conditions are suboptimal, it may take years before new and better imagery becomes available. For more detailed information and analysis about Hivemapper, please refer to Eulerpool.
The approximate mining periods occur weekly from Monday to Friday, with distributions taking place on the following Wednesday. Contributors receive rewards for mapping previously unmapped roads and for refreshing outdated data. They are also rewarded when their data is utilized by customers. The amount of rewards varies by region, influenced by the Multiplier. For more information, please refer to the Hivemapper explorer at https://hivemapper.com/explorer/.
Blockchain: Solana Total Supply: 10,000,000,000 HONEY Contract Address: 4vMsoUT2BWatFweudnQM1xedRLfJgJ7hswhcpz4xgBTy Token Distribution: * 40% allocated to contributors as rewards for their ongoing participation in enhancing the Hivemapper Network * 20% allocated to investors as compensation for providing the initial capital necessary to launch the Hivemapper Network * 20% designated for employees of Hivemapper Inc. in recognition of their efforts in developing the technical and operational systems essential for the functioning of the Hivemapper Network * 15% allocated to Hivemapper Inc. to support ongoing research, development, and operational activities within the Hivemapper Network * 5% assigned to the Hivemapper Foundation, which oversees and fosters the continuous success of the Hivemapper Network Documentation: https://docs.hivemapper.com/honey-token/what-is-honey#honey-token-economic-concepts Find detailed information about Hivemapper on Eulerpool.
Documentation: [https://docs.hivemapper.com/](https://docs.hivemapper.com/) Website: [https://hivemapper.com/](https://hivemapper.com/)
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