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SenseMap Introduces Decentralized Mapping Network with On-Chain Incentives
SenseMap Introduces Decentralized Mapping Network with On-Chain Incentives
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BTCCSquare news:
SenseMap, a new decentralized mapping network under OpenLedger's ecosystem, is pioneering a pay-for-data model that contrasts sharply with Google Maps' ad-driven approach. Contributors earn rewards for submitting real-time on-chain data—ranging from road conditions to crowd density—while validators ensure accuracy through staking and reputation systems.
Ram Kumar, OpenLedger's Core contributor, emphasizes the economic disincentives for spam: "Inaccurate entries are financially unsustainable." The platform targets gaps in traditional mapping services by leveraging local knowledge, with Alphabet's $11 billion Google Maps ad business serving as a foil to this community-owned alternative.
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