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Decentralized Mapping Project Bee Maps Completes $32 Million Financing Round, Led by Pantera Capital

Summary: According to CoinDesk, decentralized mapping project Bee Maps (supported by Hivemapper) has announced the completion of a new $32 million financing round, with Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital leading the investment. Bee Maps is an application running on the Hivemapper network. Hivemapper is one of the world's largest decentralized entity infrastructure ...

According to CoinDesk, decentralized mapping project Bee Maps (supported by Hivemapper) has announced the completion of a new $32 million financing round, with Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital leading the investment.

Bee Maps is an application running on the Hivemapper network. Hivemapper is one of the world's largest decentralized entity infrastructure networks based on Solana, focusing on map data construction. Hivemapper allows drivers to contribute data through AI-equipped dashcams, which can detect road changes in real-time (such as new signs, detours, construction areas, etc.), ensuring that digital maps can be quickly updated and remain accurate.

Utilizing this infrastructure, Bee Maps incentivizes users to upload street-level image data and rewards them with its native token, HONEY.

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