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.
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Verified 13%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Due to the scarcity of jobs, many people have resulted in taking up small tasks online to earn a few bucks. Some have managed to make a living from taking up online tasks from various providers. By incorporating a system that allows people to get rewards after taking up a mapping task, MapCoin has the potential of spreading out fast. People love participating in their investment and this is a good way for both the task collectors and investors to grow the token and make actual changes in the society. Additionally, people love autonomy and getting the opportunity to bring futuristic visions into realization. I mean who does not love the idea of an automated car. On the other side of risk, another company might corner the market and offer additional services causing people to use the other services. This, however, will not hinder MapCoin from spreading out as there is enough room in the market for more than one player.
Positives:
User Incentives: MapCoin allows for users to show their progress when using the platform. The amount of MapCoin you’ll receive is based on your collection area, media time, time of day, and the territory. Innovative Idea: MapCoin is one of the few ICOs to speak on autonomous driving. If it’s a successful project, chances are the app will take a large hold of the market share. Multi-layered System: As we stated earlier, MapCoin has 3 layers, which keeps your data safe while protecting you from phishing, identity theft, and other cyber crimes.
Negatives:
Map Information: While MapCoin’s app is used for improving driving navigation, we want to see a realistic example of it. If its able to do this, then it would increase its popularity and uniqueness as an app. No MVP: MapCoin doesn’t have a complete running application as its still in its early stages. It will have to create an app for users to take it more seriously.
Summary:
Overall, Mapcoin is a project that has the potential to disrupt the $33 billion autonomous driving market. If it’s successful, we’ll see a future of high-quality self driving automobiles! We can’t wait to see how this project performs within the following months.
Very solid team with a domain expertise background in digital nav. Good use case of blockchain for incentivising and allowing infrastructure to operate. Strong commercial viability.
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