Maps.me (MAPS)

From CryptoWiki

Maps.me
TypeGeographical maps type app
Total supply10,000,000,000
Websitehttps://maps.me/

Basics

"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

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

  1. "Up to 1% of the total supply or 100 million tokens will be sold pursuant to an Initial Exchange Offering(s) (IEO).
  2. All 100 million tokens will be unlocked."

Token Distribution

  1. "All 10 billion MAPS were generated at Genesis on 12 October 2020.
  2. 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.
  3. 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

"For Users:

  1. Increased app benefits (e.g. higher yield, higher tier credit card)
  2. Better deals at venues that provide incentives
  3. Lower fees"

For Businesses

  • Highlight locations on the map to users
  • Better position in user searches (“premium listing”)"

Other Details

Stablecoin

Technology

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

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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