Drive to Earn: Hivemapper CEO Ariel Seidman On How They Mapped 9% Of The World In Only 12 Months
November 16, 2023
Drive to Earn: Hivemapper CEO Ariel Seidman On How They Mapped 9% Of The World In Only 12 Months
In this episode of the Defire podcast, Jonas (@defiremoney) speaks with Ariel Seidman (@aseidman), CEO and co-founder of Hivemapper. Ariel shares the story of Hivemapper, a decentralized map of the world built with Solana and community input. With 5.7 million kilometers of roads mapped in just one year using dashcams, Hivemapper has covered about 9% of the world's roads. The drivers earn Honey, a Solana-based token, by mapping roads or training their Map AI. The data collected is then sold to various customers such as logistics companies, mapping companies, governments, insurance companies, and auto manufacturers. Ariel emphasizes the importance of understanding specific use cases and customers' needs when building applications or hardware in the crypto space.
Drive to Earn: Hivemapper CEO Ariel Seidman On How They Mapped 9% Of The World In Only 12 Months
In this episode of the Defire podcast, Jonas (@defiremoney) speaks with Ariel Seidman (@aseidman), CEO and co-founder of Hivemapper. Ariel shares the story of Hivemapper, a decentralized map of the world built with Solana and community input. With 5.7 million kilometers of roads mapped in just one year using dashcams, Hivemapper has covered about 9% of the world's roads. The drivers earn Honey, a Solana-based token, by mapping roads or training their Map AI. The data collected is then sold to various customers such as logistics companies, mapping companies, governments, insurance companies, and auto manufacturers. Ariel emphasizes the importance of understanding specific use cases and customers' needs when building applications or hardware in the crypto space.
Timestamps
01:36 Introduction
01:49 Introduction to Hivemapper and its Importance
02:02 The Journey of Building a Mapping Network
02:34 The Challenges and Solutions in Building a Map
04:21 The Role of dashcam in Hivemapper
06:49 The Future of Hivemapper and its Potential Impact
07:58 The Business Model and Customer Base of Hivemapper
10:27 The Role of the Community in Building Hivemapper
11:07 The Journey and Lessons from Building Hivemapper
13:13 Selfdriving - Lidar vs Imagery
15:14 The Challenges and Solutions in Positioning
19:53 The Role of Incentivization in Hivemapper
21:06 Solana's role in the Hivemapper tech stack
23:35 Train the AI and earn Honey tokens
26:11 One year of mapping the world in numbers
28:37 People are buying already Dashcams, why not use one that can earn you money while driving?
30:20 Honey Token and it's value
34:15 Own a part of the Hivemapper map
43:18 Hivemapper vs Tesla
46:55 Hivemapper and the social layer of maps
49:17 Why comercial drones never took off
51:11 Why mapping with phones didn't work out
53:02 Tipps for web3 and specifically DePIN founders
56:08 What would Ariel do if not building Hivemapper?
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About Defire 🔥
Defire is a podcast making crypto more fun, engaging and accessible for everyone. Jonas (@defiremoney) is interviewing the most exciting minds in the crypto-sphere and brings their stories to life.