Billions of data are passed around the internet every day. It is mainly used by large technology corporations. But what if an ordinary user could be a conscious part of this process and even earn digital tokens from it? The NATIX Network project comes to the rescue.
What does the NATIX project focus on?
Regardless of the industry, market, or sector, real-time, actionable geospatial data has become an essential part of our lives and a key ingredient in the success of many businesses. Giants like Microsoft and Google process billions of data points every day and tailor strategies based on them. However, most of this data is currently locked away by intellectual property rights, held hostage to high subscription fees from big tech companies, or simply inaccessible due to technical limitations.
The NATIX Network project strategy aims to provide open and equitable geospatial intelligence to people and organizations. The platform collects data using existing smartphone cameras as “super sensors,” protects privacy rights with NATIX’s proprietary AI and edge computing technology, and creates a dynamic map of the real world so users can collect and use data in real time.
A crowdsourced network of thousands of cameras can provide businesses and communities with real-time access to decision-making data collected locally and without the burden of typical infrastructure costs. By adopting a crowdsourced camera network and blockchain technology, NATIX Network combines decentralization, financial incentives, and intrinsic motivations to break up long-standing data monopolies of large corporations. Combined, these digital tools and economic strategies make NATIX Network a groundbreaking entry into the multi-billion dollar geospatial data market.
The project is already cooperating at an early stage with brands such as NVIDIA, Amazon and T-Mobile.
On the project’s Twitter you will always find current information and curiosities. Be sure to check it out!
I also strongly encourage you to do your own analysis of the project. Start with the whitepaper, which is an integral part of any serious venture in the cryptocurrency world. I wrote more about it in this article.
The undoubted benefit for the project itself is the fact that the token has been released on the Solana blockchain. This chain is undoubtedly the most sought-after in the current bull market and there is no indication at the moment that this will change anytime soon. The main driving force is, of course, the huge hype for memecoins and the cheap transaction costs of trading NFTs.
At the time of writing, the NATIX app has nearly 135,000 active users registered from over 170 countries worldwide. The system has scanned over 56 million kilometers.
NATIX application user reward system
The smartphone application, which is the main product of the NATIX project, is an inseparable element of the ecosystem built around the presented idea. It is thanks to it that users providing services for the project receive remuneration in the form of NATIX tokens.
The scale of the tokens collected depends on two factors. First, of course, on the percentage contribution to the joint effort of all drivers. Second, on how many assets have already been mined. At the moment, it is about 17 billion out of 100 that will be available in total.
NATIX Token a Key Aspect of the Ecosystem
The digital asset that is the NATIX token plays a key role in the whole puzzle, as it is a reward for users who are part of the project. Anyone who joins the fun and shares their camera for innovation will receive a due reward in the form of the aforementioned asset.
In recent days, when the project has become really loud, the NATIX token price has shot up significantly. Now, however, it seems that the period of price recovery may be a good time for gradual accumulation.
The project’s market capitalization is just under $12 million, which opens up a huge scope for growth. Most importantly, the volume remains at a decent level on the scale of the first factor. However, it should be remembered that the number of tokens on the market will increase over time, because users must receive their remuneration in it – with time, lower and lower. So if you are considering joining the project as an application user, it is certainly better to do it now, while NATIX Network is still at an early stage. The token is listed on the well-known CoinGecko platform at only 1204th position.
The project announced an airdrop for all drivers (app users) when they reach 100 million kilometers. The distribution is to be fair, and the criteria will be a percentage share in the joint effort.
Where can you trade NATIX token?
Due to the location of the described asset on the Solana chain, the possibility of buying and selling the token is offered by the most popular decentralized exchanges of the mentioned ecosystem, such as Jupiter or Radium.
Although the project is still in the early stages of development, listing and trading have already been implemented by brands (CEX) such as MEXC, Gate.io and KuCoin – all known for listing new projects relatively quickly.
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This article does not constitute investment advice. Please do your own research before purchasing.
