Hivemapper Earnings Update: June 2024

[@decash_crypto]

Hi, How do you make sure your driver doesn't steal the cam and keep all the revenue for them?

[@BarryMann]

Thank you for sharing this extremely valuable information. (I am an expert in data and have been looking at the eBay market using terapeak, etc). There are a lot of units on there at kite flying prices.

[@Future_Networks]

Very welcome 🙏

[@KeynoteReacts]

Any full time Uber drivers on here using hivemapper?

[@kevgits]

Thanks. What's the average distance covered by your drivers per week? Are they mapping mostly urban or highway driving?

[@Future_Networks]

Unsure of exact average KMs driven, but I'd guess around 400-600kms, both in urban and rural areas across the UK.

[@kevgits]

@@Future_Networks Thanks.

[@AroundTheBlockGaming]

I found that I live in the suburbs of a high weight area (Philadelphia) so I thought that with the heavy weight and lots of unmapped areas in these rural outskirts I would make more than the average. That didn’t work, 200+ miles per week with about 70% of the mileage previously never mapped, it didn’t cover the fuel cost.

[@AroundTheBlockGaming]

Average 25m/gal of fuel for 200 miles is 8gal at about $3.50/gal =$28. I received $23 in honey.

[@Future_Networks]

Fair observation, but why would you expect it to cover fuel cost? The idea isn’t to go map for the sake of mapping, but to drive as you would normally for a bit of extra income. Team has been very clear about that….

[@AroundTheBlockGaming]

@@Future_Networks I get that. I see a lot of people asking is it profitable. I just wanted to show that calculation from my driving. I decided to find out, is it better for me to leave for work early and drive some different routes, or detour for unmapped roads along the way, and my answer was no.

[@AroundTheBlockGaming]

@@Future_Networks three months ago it would’ve been a resounding hell yes

[@Future_Networks]

@@AroundTheBlockGaming makes total sense, and thanks for sharing results!

[@ishankvaish1130]

Hi, do you have any stats for this to work in India?

[@Future_Networks]

Unfortunately not, we have none in India and don’t know of anyone who does, sorry.

[@veuxd]

Do they drive in very saturated areas/big cities?

[@Future_Networks]

some yes. All in the UK. Most big cities are well covered, but many are in / also drive in rural areas. So a bit of a mix to be honest.

[@veuxd]

@@Future_Networks Ok. What can you share about earnings in very trafficked areas vs not so trafficked? Thanks. Eg. I live in a city with 18% progress

[@bizzyizzy9526]

I'm an over the road truck driver who mostly drives on the interstate and freeways, is this for me?

[@therealvblain]

Yes.

[@therealvblain]

Also if your gonna use this might as well add the coin app too.

[@bizzyizzy9526]

@@therealvblain coin app? Please explain

[@bizzyizzy9526]

@@therealvblain coin app? Pls explain

[@waqasnaeem-l2b]

Does AI trainer earning is still working?

[@Future_Networks]

Yeah, you still get paid for performing the AI trainer tasks

[@ecudude27858]

It wouldn’t be so bad that the value of the coin has dropped if it wasn’t simultaneously awarding far less of the coin on top of it! Double screwed! But I’ve paid the device off many times over at this point (1.5 yrs) so I can’t really complain. Anything is profit and I’m thankful. Just not exciting anymore. Used to be like having g a cheat code for extra money enabled or something. I also drive about 800-1000 miles a week

[@Future_Networks]

Yeah I get you, I can see why they are limiting tokens now though if it’s the bee that will actually generate a usable product. Also, any ‘cheat code for free money’ is bound to be short lived and unsustainable!😅

[@ecudude27858]

@@Future_Networks true true. I miss the hot streak though. When things were good I was telling people about Hivemapper like it was a new religion but the excitement has faded now. Sometimes I don’t even bother checking the mount alignment when I go on a trip at this point. Driving 1000 miles used to make me 3-500 but now it’s maybe 50. Ah well

[@bobbyamos2098]

Facts! It's just not as exciting anymore. However, I did 40x the value of the camera off of it so I can't complain. I'm just holding now, market cap is low, I think we could easily get to a couple billion in mc in Q1 of next year due to the value of the project, and the bull market of course

[@Maf12300]

Very sad. There were times not too long ago, but I made thousand dollars a week. Wonder be like later this cycle. Right now I make about $60 a week I drive about 1000 miles a week I have been swapping my tokens out of honey into other SOL ecosystem tokens. Glad I did much better returns and future returns especially the way they have diluted our earnings.

[@Future_Networks]

If you think $60/ week is ‘very sad’ you’re deluded

[@BorcishHorde]

@@Future_Networksyeah, I dunno. If I can make 20-30$/week on a 500$ expense that’s a 5 month roi. Even if it’s half that, a 10 month roi and successive future profits beyond that seems like a no brainer.

[@MexicaHODL]

This is. trash project now/

[@Future_Networks]

Why?

[@MexicaHODL]

@@Future_Networks simple. Went from kaing $3,000 dollars per week to making shit.

[@BarryMann]

It was always going to end up being marginal. However, fundamentals matter. Is the end product (mapping datae) worth something to somebody to the extent that they would pay for it. For streetview data, yes it is and it has worth. Ditto fry networks - satellite data is valable, noise data not so much. I believe in Helium Mobile too.

[@MexicaHODL]

@@Future_Networks bruh. What do you mean why? Are you in this project for the tech or to make money? I’m going to guess for the tech.

[@Future_Networks]

@@MexicaHODL how long is your mindset is the question I guess. If we were having this conversation 12 months ago you probably would have also said "This is. trash project now/".....and you would have missed out on huge gains. I had many drivers who quit last year when token price was around 1 cent. The ones who didn't quit went on holidays and bought rolexes.

[@bullishbitcoin]

What are your thoughts on NATIX network?

[@Future_Networks]

I've spoken with Alireza who seems super credible. To be honest, when we were assessing Natix, we were doing so through a fleet deployer lens and decided it didn't make sense. We've not done a deep dive in a while, but if we do we can publish something on it here.

[@ΓιάννηςΧαρικαπολυς]

I had it. Kept crushing all the time.

[@KeynoteReacts]

You should do Natix network next