Proof of Coverage

Building the World’s Fastest-Growing Mapping Company with Hivemapper | Ariel Seidman


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In this episode, host Connor Lovely talks with Ariel Seidman, founder and CEO of Hivemapper, to explore the fast-growing world of decentralized mapping. They discuss how Hivemapper has mapped 36% of the world’s roads in just a few years and why both individual contributors and commercial fleets are key to scaling the network. Ariel breaks down the company’s recent $32 million fundraising round, the role of the $HONEY token, and how Hivemapper’s data is powering applications like robo-taxis. The conversation also touches on evolving crypto policy in Washington, D.C., and the future of global mapping, from integrating vehicle cameras to balancing static and dynamic map data.


Timestamps:

00:00 - introduction

01:07 - Policy Engagement in D.C.

02:00 - Crypto Lobby Dynamics

02:47 - Resurgence of Tech in SF

03:29 - Market Mismatch for DePIN Tokens

04:35 - Supply vs. Demand in DePIN

06:44 - Customer Coverage Needs

08:28 - Fundraising Success

10:57 - Utilization of Funds

12:34 - Device Payment Plans

14:18 - Dash Cam Benefits

16:31 - Top Use Cases for Hivemapper Data

20:56 - Revenue Insights

24:00 - HONEY Token Economics

27:14 - Contributor Types and Growth

30:29 - Complementary Roles of Contributors

32:57 - Future Coverage Goals

36:02 - Fractals and Deployment Sharing

38:21 - Integration with Vehicle Cameras

40:02 - Static Feature Release Timelines


Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

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