DataDriven
New member
MapMetrics is a project all about paying people for their geo-location data and is going live soon.
Traditional navigation apps are claiming the app is for "free" where we all know we are paying with your data. But how much is our data worth, we are about to find out and pay it back to the community.
To operate our network we have built our own hardware called a Special Position Tracker a.k.a SPT.
The SPT will encrypt the geo-located data on the device itself and will share it with the network. Without encrypting it people would be able to manipulate their data by hacking their GPS or using a VPN which is very easy to do. Encrypting the data will increase the value of the data and therefore the value of the crypto earned by the community and the project itself.
In return for your data, users will receive the MMAPS token.
Advertisers (a coupon or NFT format where drivers can drive by to earn) and public/private institutions will have to purchase MMAPS tokens to make use of the business side of the app. By doing so, they will pay the community indirectly for the data shared with the MapMetrics network.
By making third parties use the same tokens as the community is earning, it will determine the fair value of the data.
Please let me know what you think and if you have any questions about the project.
Thank you in advance!
Traditional navigation apps are claiming the app is for "free" where we all know we are paying with your data. But how much is our data worth, we are about to find out and pay it back to the community.
To operate our network we have built our own hardware called a Special Position Tracker a.k.a SPT.
The SPT will encrypt the geo-located data on the device itself and will share it with the network. Without encrypting it people would be able to manipulate their data by hacking their GPS or using a VPN which is very easy to do. Encrypting the data will increase the value of the data and therefore the value of the crypto earned by the community and the project itself.
In return for your data, users will receive the MMAPS token.
Advertisers (a coupon or NFT format where drivers can drive by to earn) and public/private institutions will have to purchase MMAPS tokens to make use of the business side of the app. By doing so, they will pay the community indirectly for the data shared with the MapMetrics network.
By making third parties use the same tokens as the community is earning, it will determine the fair value of the data.
Please let me know what you think and if you have any questions about the project.
Thank you in advance!
