Difference between revisions of "Maps.me (MAPS)"
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===Token Distribution=== | ===Token Distribution=== | ||
* From the [https://maps.me/token/ website] (25-1-2021): | * Has [https://www.mollywhite.net/etc/ftx-contagion 95% of its tokens] locked in bankrupt [[FTX (FTT)|FTX]] (10-12-2022). | ||
*From the [https://maps.me/token/ website] (25-1-2021): | |||
# ''"All 10 billion MAPS were generated at Genesis on 12 October 2020.'' | # ''"All 10 billion MAPS were generated at Genesis on 12 October 2020.'' | ||
| Line 78: | Line 79: | ||
===Cons=== | ===Cons=== | ||
* Had investment from bankrupt [[FTX (FTT)|Alameda Research]]/FTX. This could mean fall-out risk. | * Had investment from bankrupt [[FTX (FTT)|Alameda Research]]/FTX. This could mean fall-out risk. Has [https://www.mollywhite.net/etc/ftx-contagion 95% of its tokens] locked in FTX (10-12-2022). | ||
==Team, Funding, Partners== | ==Team, Funding, Partners== | ||
Latest revision as of 07:44, 12 December 2022
| Type | Geographical maps type app |
|---|---|
| Total supply | 10,000,000,000 |
| Website | https://maps.me/ |
Basics
- Started in / Announced on: Talking about it having a token started at the end of 2020.
- Mainnet release:
- Based in:
- From Decrypt (18-1-2021):
"According to a press release shared with Decrypt, Maps.Me 2.0 comes with a multi-currency wallet that will combine direct hotel bookings and location services with decentralized finance (DeFi) tools."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
- From the website (25-1-2021):
- "Up to 1% of the total supply or 100 million tokens will be sold pursuant to an Initial Exchange Offering(s) (IEO).
- All 100 million tokens will be unlocked."
Token Distribution
- Has 95% of its tokens locked in bankrupt FTX (10-12-2022).
- From the website (25-1-2021):
- "All 10 billion MAPS were generated at Genesis on 12 October 2020.
- 10% of those are unlocked; the other 90% will unlock linearly starting one year after Genesis and ending in 7 years, which works out to 125 million tokens per month starting on 1st October 2021.
- For the first 12 months, there will not be more than 1 billion unlocked MAPS; in year 2, 1.5 billion tokens will be added to the circulating supply."
Utility
- A governance and utility token (18-1-2021) other things mentioned on the website are:
"For Users:
- Increased app benefits (e.g. higher yield, higher tier credit card)
- Better deals at venues that provide incentives
- Lower fees"
For Businesses
- Highlight locations on the map to users
- Better position in user searches (“premium listing”)"
Other Details
Stablecoin
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: Solana (25-1-2021)
How it works
Fees
Upgrades
Staking
Liquidity Mining
Scaling
Interoperability
Different Implementations
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
- Had investment from bankrupt Alameda Research/FTX. This could mean fall-out risk. Has 95% of its tokens locked in FTX (10-12-2022).
Team, Funding, Partners
Team
- Full team can be found [here].
Funding
"Has raised $50 million in a funding round led by Alameda Research. Genesis Capital and CMS Holdings also participated in the round."
Partners
- Alameda said Oxygen will be integrated into Maps.me (24-2-2012) which got investment by the same Alameda clique.
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