Hivemapper, a new player in the mapping industry, is challenging giants like Google Maps with its decentralized physical infrastructure network (DePin). Utilizing blockchain technology, Hivemapper's map database is expanding rapidly, thanks to unique contributor engagement strategies. For example, early adopters like Brad distributed Hivemapper dashcams to Uber and Lyft drivers, earning HONEY tokens. Despite mapping 21% of the world's roads in just 31 months, Hivemapper faces challenges with demand. While it has over 60,000 contributors, the project struggles to match supply with demand. The imbalance could lead to an inflated token supply and devaluation. This highlights the importance of balancing supply and demand in DePin projects. Hivemapper's journey showcases how decentralized technologies can disrupt traditional industries by realigning incentives, offering a blueprint for the future of mapping technology. Read more AI-generated news on: https://app.chaingpt.org/news