๐ NATIX Network: Revolutionizing Geospatial Data with Blockchain, AI, and Edge Computing ๐ก
๐ Let's dive into key features and potential of #NATIX in this captivating thread! ๐งต๐
1๏ธโฃ Introduction and Overview: NATIX Network is an innovative project combining blockchain technology, edge computing, and AI to revolutionize geospatial data interaction. Their flagship product, โDrive&,โ transforms driver assistant apps into powerful data collection devices. By incentivizing users to map their surroundings, NATIX creates a decentralized network of cameras, capturing real-time data and building a digital twin of our environment. The mission is to democratize access to geospatial data and enable smart city and mobility applications.
2๏ธโฃ Technology and Features: NATIX leverages smartphone cameras to crowdsource data, ensuring privacy by design. Live video streams are processed in real time, and multiple decentralized validation techniques confirm data accuracy and authenticity. Users are rewarded for mapping their surroundings, creating a unique map crucial for smart city and mobility applications.
3๏ธโฃ Whitepaper Analysis: NATIXโs whitepaper outlines a privacy-compliant solution using patent-pending AI technology that consumes up to 99% less data than similar projects. The ecosystem uses both in-app $NATIX and $NATIX tokens to reward users for contributing geospatial data. Tokenomics are explained with a total supply of 100 billion $NATIX tokens. NATIX plans to launch on Solana for efficiency and scalability. Recognized as one of the fastest-growing DePIN projects by Messari, NATIX is quickly gaining traction.
4๏ธโฃ Use Case: The Drive& app allows users to contribute data and earn in-app $NATIX tokens. Cameras create a real-time map essential for smart city services and mobility solutions, driving the decentralized dynamic map.
5๏ธโฃ Team and Leadership: Alireza Ghods, Ph.D (Co-Founder, CEO), Lorenz Muck ( Co-Founder, CPO), Omid Mogharian ( Co-Founder, CTO) and many more.
6๏ธโฃ Partnerships: NATIX collaborates with mapping and geospatial data giants for B2B monetization, enhancing its ecosystem. NATIX secured $4.6 million in strategic funding, led by Borderless Capital and co-led by Tioga Capital. Notable investors include Crypto Banter, Moonrock Capital, and IOTEX, showcasing strong backing for the project.
7๏ธโฃ Security and Audits: NATIX prioritizes privacy by design, ensuring personal and sensitive information never leaves the device, although specific security audit details are not provided.
8๏ธโฃ Tokenomics: $NATIX tokens serve as the primary currency within the NATIX Network, facilitating transactions and rewards. Total supply of NATIX Token is 100 Billion and circulating supply is 16.13 Billion.
9๏ธโฃ Exchanges: NATIX is listed on exchanges like Gate.io, Coinlist, CoinEx, KuCoin and MEXC, making it accessible for trading.
๐ Recent Developments: NATIX aims to expand its network, introduce more features on the Drive& app, and enhance B2B partnerships, pushing forward its innovative approach to geospatial data collection.
1๏ธโฃ1๏ธโฃ Conclusion: NATIX Networkโs innovative approach to geospatial data collection, privacy, and scalability positions it as a promising player in the DePIN sector. With strong backing from investors and a clear vision, NATIX continues to make strides toward its mission of democratizing access to real-time data.
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