Automotive data monetisation could offer $33 billion in opportunities for original equipment manufacturers (OEMs) by 2025.
With MapCoin we believe you, the creator of this data, should be rewarded for collecting this data.
Data, Data, Data
Data is the single biggest requirement for the development of autonomous vehicles and the next generation of maps. The reason for this is twofold;
Artificial Intelligence (AI)
All Autonomous Vehicles use advanced AI to help them recognize, people, cars, objects, etc, as well as helping them make decisions on the best course of action. AI is trained by giving thousands of examples of images and videos in order for the AI to be able to understand the road and the driving environment.
The amount of data that needs to be collected for training material is vast and time consuming to collect. Companies like Google, try to collect the data themselves by sending their own fleet of vehicles equipped with cameras and other sensors to drive the planet. This is a very costly process.
High Definition Maps (HD Maps)
Unlike humans who can use a normal map to navigate, autonomous vehicles need a very accurate HD map in order to accurately position themselves and to help understand the road network around them.
The typical map data that people currently use in their navigation apps is accurate to around 3m, whereas HD maps for Autonomous vehicles are accurate to less than 20cms. Mapping the world at that resolution takes a lot of effort and requires a huge amount of data.
Until now this data has been generated by companies working in the autonomous vehicles or mapping industries using old collection methods, however that is all about to change. MapCoin has been designed to help collect this data and reward people for doing so.
Think of it as “proactive” crowd sourcing, MapCoin is not only a platform to help companies collect this data, but it is also a cryptocurrency which means people get rewarded for collecting data.
The MapCoin Collectr App
This is the easiest method for people to get started collecting and earning MapCoins for data. This is a app that can be downloaded and installed on a users phone. The app uses the camera in the phone to collect video data to be used for mapping.
Once the app is installed the user simply has to mount the phone on the window of their car and then start the Collectr app. As they drive the app will collect video footage of the road and send it to MapCoin for processing
MapCoin’s goal is to aid the collection of data for the whole autonomous vehicle and mapping industry, as such there are many different companies working in the space each with unique requirements for the type of data to be collected and the method.
MapCoin as a platform helps to facilitate the collection of this data by allowing companies to create “Mapping Tasks”. These tasks are then listed on the MapCoin website and registered users' can accept the tasks to collect data.
MapCoin utilises multiple decentralised technology layers to deliver a fast, scalable, flexible, accessible, affordable and immutable platform.
Using blockchain to drive the future of mapping technologies
Core team starts to develop navigation products on OpenStreetMap
MapCoin team launches Navfree on iOS, reaches 3m users in under 4 months
MapCoin team established one of the largest navigation apps in the world
Navmii Co Founder and Creative director leaves Navmii and founds MapCoin. Development started on MapCoin app and Data platform Partnership building begins for app and data platform Core team is hired Preparation for Private token Sale started
Navmii signs as a global partner to use app and data platform Voxelmaps signs as a global partner use app and data platform
Q3 2018 - July
Launch of Private Token Sale
Q3 2018 - Aug
Launch of Pre Token Sale to corporate partners Launch iOS app with partners
Q3 2018 - Sept
Launch of Public Token Sale Expand team - BD / Sales / Devs Launch Android app with partners
Launch MapCoin Data Builder platform Launch v1 of dedicated MapCoin app Expand team in US and EU
Expand partnerships in US and EU
Expand team and partnerships in Asia
Tokens are required to support MapCoin in disrupting the automotive, mapping and location data industries, as well as to reward MapCoin data creators'.
Bonuses will be provided to early token holders' with a short lockout period after the sale to encourage stability of the MapCoin platform.
Token Symbol Total Supply Accepted Payments Sale Amount Exchange Rate Softcap Hardcap Private Sale TGE - Pre Sale TGE - Public sale Token Contact Address
MAP 1,000,000,000 MAP Tokens ETH 380,000,000 MAP est $0.10 - 1 MAP $1,000,000 $25,800,000 'Till end of August 'Till end of Sep Starts Oct 1st To be announced
Our team is comprised of mapping and Automotive industry veterans. The core team have worked together for over 10 years and were the first to launch free navigation on the iPhone using OpenStreetmap and scaling to over 25 million users worldwide, as well as developing and patenting a new approach to Autonomous vehicle mapping.
Co-Founder & CEO
Co-Founder & Business Development
BREANDAN MAC FERRAN
Big Data Specialist
General Manager - China
Computer Vision & AI Specialist
TO BE HIRED
Head of Design
TO BE HIRED
TO BE HIRED
TO BE HIRED
Tech Lead - Uber
Business Strategic Advisor
DANNY J CHRIST
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MapCoin Vantage Point, Brighton, BN1 6TG, United Kingdom