Hivemapper – A DePIN Hidden Gem?

TL;DR
In this week's review, we’re looking at the world of Hivemapper and discussing if it's a DePIN hidden gem. Announcing the HONEY token back in 2022, Hivemapper is a project with real-world utility and a massive community of operators already on board. Passive income projects are far from a new idea, as Hivemapper offers to pay users who operate its dashcam hardware—placing it firmly into the category of exchanging services for tokens. As a participant and former XYO Network driver, I have years of experience with DePIN projects like this. So let’s see how Hivemapper stacks up against its promises and the competition. Read this article to learn more about DePIN.

A newer narrative is emerging called Decentralized Physical Infrastructure (DePIN). Projects that include Helium, Akash Network, Render, and Filecoin all fit into this narrative.

DePIN is a newer terminology used to describe projects that have exceptional utility for real-world use cases, helping to make infrastructure better, faster, and stronger.

DePIN projects aren’t anything new but categorizing them as such is. As this category begins opening itself up to more innovation, Hivemapper is certainly one that sticks out among the competition.

What is Hivemapper?

It’s no big surprise that Google Maps almost got away with cornering the mapping industry if it hadn’t been for all the hard work being done over at Waze.

If you’ve used Google Maps for any extended period or happen to live in a more rural part of the world then