Mapcoin’s vision is to utilise the blockchain to help drive the future of autonomous driving, location and mapping technologies from the creation of maps and location data using the power of our community. Best of all you get paid for sharing your data.
Collect Data, Earn Money
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 help to 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 not only get paid for collecting data, but also have a potential investment asset.
MapCoin Solution
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
Custom Mapping Tasks
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.
Token Offering
Tokens are required to support MapCoin in disrupting the automotive, mapping and location data industries, as well as to reward MapCoin data creators’.
Private Sale
Be sure to check out our whitepaper at: https://mapcoin.io
To participate in our ongoing Private sale and take advantage of a 60% Bonus sign up on our website: https://mapcoin.io/whitelist
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