“The Fresh Capital Will Be Used To Distribute More Device, Enhance AI Models That Process and Update Map Features, and Boost Contributor Incentives, Bee Said.”, – WRITE: www.coindesk.com
The Round Was Led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, Marking One of the Largest Financings in the Decentralized Physical Infrastructure.
Bee Maps is An Application on the HiveMapper Network, WHICH IS One of the Largest Decentralized Physical Infrastructure Networks (Depin) focused on mapping data on Solana.
Hivemappr Enables Drivers to Contribute Data Through Ai-Anabled Dash Cams, WHICH DETECT REAL-TIME Changes on Roads Can Update Quickly to Stay Accourate. Bee Maps Leverages This Infrastructure by Rewarding Contributors with Its Native Token, $ Honey, for Collecting Street-Level Imagery.
The Raise Highlights Strong Investor Appetite for Bee Maps’ Vision of Real-Time, AI-Powered Maps. In recent months, Bee maps have teamed Up with Major Players Including Lyft and Volkswagen’s Robotaxi Program to Bring Its Mapping-Data to Their Platforms.
The Fresh Capital Will Be Used To Distribute More Device, Enhance Ai Models That Process and Update Map Features and Boost Contributor Incentives Tied to $ Honey.
“With this Funding, We Are Acceleration Global Device Deployments, Expanding Coverage, and Strengthaning Our ai Pipeline. Demand Is Not The Problem HiveMaper, in a Press Release Shared with Coindesk.
Bee Maps is Also Rolling Out A Bee Membership Plan, Slashing Upfront Costs from Nearly $ 600 to Just $ 19 A MONTH. The Subscript Bundles Hardware, Software, and Contributor Benefits Into One Package, Lowering The Barrier for New Participants to Join The Network.
Read More: Volkswagen Admt Taps Solana-Based HiveMaper Bee Maps for Driverless Data
Vaneck Says Solana’s Alpenglow Upgrade Will Make the Network Faster, More Stable and Easier to Run, As Developers Prepare Even Deper Performance Changes.
- Asset Manager Vaneck Says in A Recent Research Report that Alpenglow, Solana’s Next Big Upgrade, Will Make The Network Faster, Smoother, and Easier to Run.
- The Update Should Help Solana Handle More Activity While Keeping Costs Low for USers and Operators.
- Solana’s Team Says Alpenglow Will Also Bring New Design Changes That Make the System More More Reliable Over Time.
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