CoinEfficiency

NATIX Revolutionizes Geospatial Data Collection with Web3 Incentives

NATIX Network secures $4.6M funding to enhance driver-led data collection through innovative web3 incentives, focusing on decentralized geospatial analytics.
Published on 2024-04-25

Transforming Geospatial Data Collection

NATIX Network, a pioneering AI-based platform, is set to revolutionize geospatial data collection by leveraging decentralized web3 incentives. Recently, it secured $4.6 million in a strategic funding round led by Borderless Capital, culminating in total funding of $9.6 million. This initiative aims to break away from centralized monopolies in map data, fostering innovation in the geospatial analytics market, projected to reach $200 billion by 2033.

Empowering Drivers with Decentralized Networks

NATIX's innovative approach utilizes Decentralized Physical Infrastructure Networks (DePINs) to democratize access to geospatial data. The platform has rapidly grown, attracting over 92,000 drivers who have collectively logged more than 28 million kilometers. By enabling participation through standard smartphones, NATIX facilitates data collection crucial for urban planning, mobility firms, and autonomous driving industries.

Introducing Drive& and Native Token Launch

The flagship product, Drive&, employs smartphone cameras and driver assistant apps to crowdsource real-time data. This model, underpinned by privacy-focused computer vision AI, incentivizes drivers with rewards. NATIX plans to launch its native token on Solana in Q2 of 2024, broadening monetization opportunities and enhancing governance within the platform.

Strategic Partnerships and Future Outlook

Collaborations with high-performance networks like Solana and Peaq are pivotal for NATIX's growth. Peaq’s blockchain technology will enhance NATIX's infrastructure, allowing for scalable and secure data management. This integration supports NATIX's mission to deliver high-quality geospatial data to various stakeholders, driving the platform's potential as a leader in decentralized data networks.

About NATIX

Founded in Hamburg in 2020, NATIX is a decentralized network utilizing smart cameras to map the world without additional hardware. The platform rewards contributors with its native cryptocurrency, $NATIX, supporting enhanced mapping and driving-assistant applications. NATIX’s commitment to privacy and decentralization positions it as a trailblazer in the geospatial data sector.

What is Coinefficiency?

Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.

Why Use Coinefficiency?

  • Advanced market analytics to identify trading opportunities.
  • Compare markets relative performance.
  • Understand market cycles over time. See market levels.
  • Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.

With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.

Get Started with Coinefficiency

Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.