(HONEY) AKA Hivemapper Great Passive Income? Revolutionizing global mapping? Competitor to Google?

[Music] Street [Music] open welcome to underground crypto we are back with another Deep dive call it a review if you'd like we are going to be going over Hive mapper today now this is a requested one from somebody who I know who's looked into this project uh they haven't hit the button yet and actually bought the product and you'll know what I mean here into the review but they've been wanting me to do a deep dive of this on the channel for a while so I'm going to go ahead and do it today um Hive mapper it's been around for a little bit ticker is honey H NE uh looks like it's down 1% for the day nothing nothing that extraordinary um 14.4 million in market cap uh trading volume $569 ,000 is pretty low trading volume for that

market cap Max Supply 10 billion tokens coins whatever you want to call it circulating Supply is only two billion of those tokens coins and uh we want to know where the rest of those tokens are and why they haven't been released into circulation that's not always a super negative thing it just matters what the projects plan for those coins are and then of course if that plan goes according to plan that's a whole different other issue so we're going to come over here to the 24 4 hour you can see had a little bit of a rise a dump traded sideways had a nice little Spike and then has returned to this value area here where it traded sideways and that's just on The Daily Now 24 hours you can see we had a little nice Spike up to

about 8 cents and then we've kind of been trending down looks like it's kind of flattened out and you can see a roundedness to this bottoming out so that can be a good sign for a move upward but not a guarantee same thing here the monthly dump you know Spike dump Spike dump so it it's been pretty volatile and then let's just go to the max so on the max you can see it was trending pretty low as low as like even 1 cent and then it ran all the way up to 32 cents so that's that's 32x right there on your money that's pretty good but then of course it has returned to almost the same uh level that it started at down tier about you know 5 cents versus you know 2 cents that's only a 3

Cent difference from where it went when it ran up to where it's come back to and again that is over a long period of time so that kind of thing is not you know horribly uh uncommon contract address is on salana that's good I like to see that for sure um salana is the kind of Premier blockchain right now a lot of people still saying it's in beta you know I don't know how I feel about that particularly but it is still building building so we'll give them that and then you'll see their website Hive mapper they have two different websites one for the product once you've purchased it and are using it an actual website for the technology and then there's a website of course to look at the products buy the products that kind of thing uh

Community they have a lot of community tags including LinkedIn Facebook Tik Tok which you don't see with a lot of them most projects have Twitter Telegram and Discord and we will be going over their Twitter as we always do says categories it's dpin so looks like it has a dpin narrative and let's run down here to the exchanges uh this coin's been around a while so I'm not surprised to see that it's on coinbase but it's also on cracken Kraken radium which is a decentralized exchange uh this Meteora which I've never used decentralized exchange Orca another decentralized exchange on the salono blockchain and whatever this backpack exchange is I've never seen that that's interesting so let's go ahead and hop over to their website and as we always say narrative narrative narrative what is The Narrative of this coin

what is the use case why would anybody care about it how does it have staying power the ability to stay longterm be relevant and something that people care to rather invest in or use by the way I'm not a financial adviser nothing I say or do should be taken as Financial advice so right here it says introducing B which makes sense Hive mapper be's Hive I'm sure you get it this looks like a picture of their product but we'll get more to that later says welcome to the future of map making powered by powered by your Journeys I don't know why that doesn't seem like a well put together sentence there so let's start over welcome to the future of mapmaking powered by your Journeys oh okay I understand where they're getting at B is the ultimate mapping minor

effortlessly updating the world's freshest map so if you understand Google Maps and how they have people drive around and map things out and take videos and photos and that's like when you go to Google Maps and you go to street view and you get an actual you know image of what it looks like there on the street that's how they're doing that and so it looks like this is the type of project that this is and the thing that they're trying to accomplish the problem that they're trying to solve the things that we need to know about a uh you know company project before you would invest in it it's also a premium dash cam keeping you safe and secure on your daily drive so it doubles as a dash cam that you can pull from if you were

in an accident or something like that embrace the power of innovation and collaboration Join the Revolution join the hive so seems to be good marketing good use case stuff like that I like so far get more out of B the ultimate mapper that keeps you safe and secure passive mapping or like passive income from mapping cellular LTE enables for Passive mapping and Fleet monitoring professional grade GPS Precision uh positioning and depth sensing 24-hour protection high resolution video records during day and night AI event detections automatic video backup on Extreme driving and braking so if you had a fleet of vehicles and you were a big company this is something you could put into all your vehicles you would make some passive income off of them driving around and mapping things but also if you had a driver who was

driving way too fast all the time and slamming on his brakes uh they would let you know so that's actually a pretty useful feature there's a lot of companies that pay a lot of money for products like that and they're not earning any passive income off of them at all they just shell you know out of pocket for those kind of things so be there they have rapid Rush offer ending March 15th at you 11:59 p.m. uh steady Pace offered ended offer ended May 13th and then the last phase which is last Dash pre-order now so it seems as if this product is not out yet I know that um some people have been using this product what I believe is going on here and I'll have to see as we go through this review because I'm deep diving

this here right with you guys we're doing it together um I believe they had a product and they've come out with a much more you know Sleek sexy sophisticated product and that is what is on pre-order right now and they probably stopped selling the product that they had before because it was inferior so let's take a look at some of their you know FAQs um how long will phase three last Dash last say that a couple of times so phase three last Dash began on May 13 2024 we will announce the end phase 3 at at least 72 hours in advance once closed the price of B will be increased and then phase one was the rapid rush and phase two was steady pace so how do I get honey bonus for pre-ordering B says every unit ordered between

Phase 1 and two will qualify for honey bonus rapid Rush provides the largest bonus between the three phases the honey bonus amount will be announced before the end of each phase to claim honey bonus it is necessary to provide the original B purchase order number purchases must be made through Hive mapper or authorized Distributors purchases made through unauthorized resellers are ineligible for honey bonus so keep that in mind buy it from the right place so you're not going to get that bonus if that's what you're in it for said if I switch to B do I still get the honey bonus for my order if you convert an existing order to B you are eligible for either the original bonus offered at the time of the order or rapid Rush bonus whichever is larger when will BB shipped this

is something that's interesting if you were to pre-order now when could you expect to actually have this shipped out to you B will start shipping quart 3 2024 beginning with upgraded units and followed by phase one rapid Rush pre-orders we strictly follow our first order for ship I like that policy if you are currently waiting for HIV mapper Das cam or Hive mapper dash cam s you will be upgraded you will upgrade your order to B so that must be the product that I was talking about they had before was this Hive mapper dash cam and this uh dash cam s okay and and your or upgrade will be your order to be I already mentioned that you will keep your place in line and when that's good so if you already ordered and then you have to upgrade

you're not going to go to the back of the line uh as far as shipping goes and when be is ready to start shipping we be earlier in the queue we encourage customers to switch and put themselves at the front of the line for our best mapping machine yet do I need to upgrade my existing order to be all right to fulfill so this is for the dash cam s to fulfill as many orders as possible before the launch of B the next product production run of the hive mapper - cam s has been cancelled all existing orders will be converted to B with cellular LTE and Wi-Fi and a refund for the price difference will automatically be issued the customer will maintain their original order for the purpose of determining ship date you will receive an automatic notification

once your upgrade has been completed um again if you want to read what happens for the other Hive mapper dash cam come here I'm not going to bore everybody with that most of you I'm sure have not ordered anything or you would have gone to this website all on your own anyways how do I upgrade my order if I have received an upgrade email if you would like to upgrade your current order to be please fill out this form and there's a link and we will reach out to you with instructions will be work everywhere in the world yes we are designing The Hive mapper B to work anywhere in the world that HIV mapper Inc is legally able to ship cameras so of course within within legal means is cellular LTE available worldwide B becomes equipped with this

necessary hardware for Global onboard cellular connectivity be aware that a launch cellular connectivity may not be available in all regions of the world so if you're liking some crazy mountain region you might have trouble getting uh LTE signal but you probably already know that from from your cell phone says are the cellular LTE Services fees included in the beat price no cellular LTE service fees are not included in the price of the B additional charges May apply for LTE services so I wouldn't call it a red flag right but I would say that's something that you need to know before you purchase these things because if it cost you a lot of money for the LTE or even you know a large chunk of what your profits are nah that might be an issue as far as profitability can

I cancel my order and get a refund yes you can cancel your B order at any time for a full refund if you take delivery and decide it isn't right for you you have 14 days so once you receive it you have 14 days to indicate your plan to return B and another 14 days to actually return it returns returned units will Beed will receive a full refund less a $30 restocking fee and are eligible for honey bonus all right so that that covers all of those kind of questions that you might have about this product right up front what is going on all right so B starts at $489 pay as little as $50 a month with this clinar so that's some kind of uh you know funding some kind of uh credit that they're working with that

you could use to not have to pay all that up front and it's $589 so another $100 with Wi-Fi and cellular at is that $10000 a month though do you pay that one time I mean that's something I would need to know what is in the Box you get b a power cable and an internal mount to mount it with uh optional accessories are so excuse me the external Mount and the flash drive are additional product specs I'm not going to read all the product specs to you but they got the camera onboard compute connectivity and sensors you can pause the video if you want to see storage is 32 GB GPS ports video recording I just want to scroll down in case any anybody wants to pause the video take a look at it all right B for

fleets Fleet uh Telemetry Telemetry capabilities I ain't read that word a lot um we get it running a fleet is expensive and complicated B is a premium Dash can keeping your driver safe and secure on their daily drives build your Fleet so they probably have some kind of discount for ordering a you know a hundred of these at a time or something like that built for privacy blurring Edge detection and is anonymous Behind the B five reasons Hive mapper built the be all right so this should be somewhat interesting people who are really serious about software should make their own Hardware all right well that's interesting so let's see if this is really worth reading all of it people who are really oh we just read that serious about software should make their own Hardware today we introduced The

Hive mapper B this is our most advanced mapping minor capable of passively updating the world's freshest map is also premium dash cam that keeps you safe um it's just going to say probably all the things that we already just read in the beginning 100% passive is the only way was hoping maybe they give us some indication of uh what kind of passive income how much are you really making that kind of stuff high quality High friction low quality low friction uh high quality with low friction this is the way so it makes sense if you go high quality High friction requires huge Capital low quality High friction you get dead zones and low friction low quality is low value mapping so they're they're really they really seem to have it that part settled out as far as the direction

that they're going with their technology double down on Power and precision so I guess that's going to tell you why they came up with this new uh product versus their old product mapping on the edge says Hive mapper contributors have mapped a staggering 130 million total om since the launch of the network in November 2022 so that really wasn't that long ago with one image uploaded for every 6 to8 M of driving that's 125 images per kilometer and well over 10 billion images uploaded to date so that's pretty crazy better data better rewards so I guess better the better quality uh information you're sending back to them probably the more they can sell it for the more that they can give you a share of that that makes sense from a business point of view an open Platinum platform

for partners so there's all of those different thing and that's the end I didn't want to read word for word that whole thing make this a 45 minute video and everybody just be like uh next that kind of thing so this says Fleet safe Fleet Safety uncomplicated I don't know why I can't read today or talk out loud anyway I can read all right Fleet Telemetry capabilities I don't know how you're supposed to say that word but again we're just going over all the same things it's got a 4k camera this looks like it's a video of The Hive mapper camera and it looks pretty good it looks pretty high quality not too shabby looks like the backup camera in my uh in my car all right Advanced AI event detection Global supported location we've really already gone over

all of these different you know points of interest road work awareness change detection uh those kind of things but they have some pictures there that make it a little bit more understandable for some people drive and earn I really want to know what you're earning you know how much are you really earning uh we've gone through a lot of these how much do I earn that might be a good one the amount of Honey one can earn depends on the region Mount quality and driving behavior folks driving in a large metropolian area and who drive fairly unique routes will earn the most so when you're mapping things that a lot of people aren't mapping that's that's what's going to be based off of how much money you're really making there so this is the website that they have once

you've I think actually bought the product and you have it installed this is showing you all the places that have been maaps you can see America's pretty well mapped and you can see Europe's pretty well mapped some mapping in Australia a lot in Japan Philippines a little bit in Pakistan and Iran and stuff but you can see Africa is pretty touch so maybe if you live somewhere in Africa you might earn a lot more money than other people you know doing that quite a bit over here in this Brazil you know coastal region and some in Mexico but you can see greenlands completely undone Russia I mean maybe it's not legal in Russia or something I have no idea or this just really hasn't crossed people's awareness in Russia but I don't see anything in Russia or anything in

China or Mongolia so that's pretty interesting that just kind of shows you where all that's going there's not a lot on this part of the website to really show you guys that you'd be all that interested in uh total AI trainer review I'm not even 100% sure what that means regions USA Canada East Asia Europe that's kind of what we just went over on the map so consume console you have to create an account to look at that Scout same thing this is just giving you like some specs here uh B and this takes you back to the website to actually look at the product so again I knew that there wasn't going to be a whole lot on that part of the website you might be more interested in it if you had actually already ordered the product

so we're over here on their Twitter we're going to give it the smell test kind of thing I'm sure it's going to pass because this project has been around for a while it does have a working product and that's something that you want to keep in mind with a lot of things that we invest in they have a lot of times no working product at all and they don't have a purpose the I can understand how Hive mapper as a company is going to make money in order to pay me uh you know a reward a percentage longterm five years from now they're still going to be able to sell that data you know data is digital gold a lot of people sell in all kinds of data from your personal data to where your car's been all those

kind of things and there's big money in it and so I think a lot of people um a lot of companies like Google and stuff are probably the main purchaser purchasers of that kind of data but it is important to understand how they're going to pay you because you get into projects meme coins all kinds of different things and they have apy and it's crazy and they're going to pay you 13,000 per on your money that was going on a lot back in the B&B days with meme coins and all these things coming out and it wasn't sustainable there was no way they were going to pay those High Returns on the money it just didn't make any sense and lo and behold most of them if not all of those you know uh meme coins projects whatever they

were are almost all gone at this point and nobody is earning that crazy apy especially not for um a long period of time a lot of those projects didn't last 6 months so be very wary of people who are paying you some kind of reward and stuff and it's a good reward but you have no idea how they're going to sustain that over a long period of time anyways less of that Hive mapper on Twitter here's their websites we already looked at that says they're out of null Island I have no idea where that is they have 46. 5,000 followers and their pin post here has 39,000 uh you know interactions it was posted on July 11th it is only a minute and 43 seconds let's see what it has to say so so really cool example so we're

working with this autonomous vehicle company um and they were tracking across four different you know cities in America like Phoenix and Austin and Houston and whatever they were tracking a specific type of issue it has to do with construction work zones and stuff like that so let's just take Phoenix so they said to us okay here's about 3,000 locations all across Phoenix that we want to see that location or we want that location mapped three at least three to four times per week okay so the the the network in Phoenix Metro area for those of you who don't aren't familiar with Phoenix Phoenix is massive it just like never ends right and so the normal Network hit about 80% of them right three to four times a week which is pretty good but then in order to get to

what the customer wanted which was about 98% coverage we introduce this concept called burst which is if you take a five or 10 minute detour off your normal course then you will earn a little bit more because you hit that specific intersection where we were interested in and that worked amazingly well we took it from like 80% coverage for their 3 or 4,000 locations to like 98% coverage but again 3 to four times a week right so that's like you know a lot of coverage per week for you know 3 to 4,000 locations so being able to identify a very very very very specific location and then say hey if you're in this area take a 5 minute detour and you'll earn a little bit more you can go down to that micro micro level and there's also things

that we do more at the macro level in terms of like hey we want more of this region less of that region for various reasons all right well that was an interesting video giv you some idea of you know how it works and what they're interested in and why they're paying certain amounts for certain places and you know C less amounts for other places they have customers too right they have people who they're selling this data too all right 4.5 th000 views July 10th July 9th July 9th so whoever is doing their social media is making sure to post about every day yeah looks like just about every day looks like they skip July 6 July 4th they even posted something that was a holiday here in America cool so there's plenty of posts going on seems like good

interaction they have what was it 40 46.5 th000 followers so that's pretty decent here on Twitter and they're active that's what we want to see as far as my gut rating 1 through 10 kind of uh you know feeling about this project I'd have to give it a seven you know a seven for the fact they have a real product I'm actually bumped that up to an eight because they have a real physically working product you can buy it seems a little expensive but you're going to earn some passive income the question is does it take you a year to get your money back or a month to get your money back that is the real question here as far as profitability you'd really have to get in somewhere where somebody is is already using these some kind of

forum or something like that their discord's probably the best place for that and uh figure out how much people say they're actually earning in the region find your region find somebody in your area and if they're actually making good money off of it and with these kind of things as you move into the long term it could drop off or it could go up you never know depending on how well the the actual company does at managing and and getting customers and you know getting people to pay for their product is going to make a big difference about their long-term stay and that's pretty much all there is to this uh follow me at uh un atcore ground crypto I don't know what is going on with me today but I cannot put this together all right crypto _

ground crypto cuz underground crypto was taken here on Twitter hope you enjoyed this review this was a little bit more techy than maybe some other reviews it's not a meme coin so it wasn't all a bunch of good artwork and and exciting videos and stuff like that but either way I hope your portfolio is not uh made up of only meme coins and stuff like that because they drop hard when Bitcoin drops if you haven't seen that already all right guys crypto Ron out