If you’re a fan of neat ways entrepreneurs are applying blockchain, this one’s for you. Hivemapper, a San Francisco-based startup, said Tuesday it raised $18 million in a Series A led by Multicoin Capital for its decentralized mapping protocol that rewards users with tokens for collecting dashcam footage.
Right now, mapping platforms like Google Maps collect data largely through satellites, location tracking and roaming camera-cars (maybe you’ve seen them zipping around). But as Hivemapper CEO Ariel Seidman sees it, there are two problems with this model.
