Murham3000

@TryBeeMaps Keep grinding … impressive as take steps to iterate and find a way to keep growing in the interim until the crypto winter subsides

Maps aren’t static anymore. They update, adapt, and respond to the world. New Bee features bring real-time context into the map. From Bee Maps 🐝 👇 beemaps.com/blog/the-map-c…

@aseidman yep seems to be lots to fear, the question is how will Beemaps and Hivemapper lead - what is the plan for 2026 that makes mappers excited about holding their tokens as investments vs paying operating expenses - something more longform from @aseidman on this would be appreciated

Data, Distribution, and Hardware are the new moats

@MARxCAPI @Hivemapper @rajgokal @solana Am driving already .. passive holding as an investment over mid term…can imagine if this is for day to day then yeah current prices are frustrating….my view that is in the next yr or two as network grows price will be much higher

@Hivemapper @rajgokal @solana If only people knew that people that are driving around are pretty much doing it for free and Hivemapper is profiting from all of this for literally free labour. Imagine if uber paid $0.008

🙏 @rajgokal @solana youtube.com/shorts/jNvFqKe…

@Hivemapper @rajgokal @solana good summary but mapping coverage data outdated -- not 20% as stated in video which indicates a much older video -- marketing folks need to pay attention to these posts as does not convey confidence -- let's invest in regular community management across channels

@amirhaleem @aseidman how is Hivemapper thinking about this issue?

although said in a trolly way, this QT is exactly the core of why buybacks across nearly all projects are ineffective for projects/businesses like Helium, what you ideally want is *ownership*. you want rights to cashflow, dividends, governance, of anything that the entity or project does. tokens given you none of that. you have a cryptographic IOU that the project leaders can change the terms on at almost any time there are many successful off-chain projects - Jupiter, Chainlink, (us), etc who IMO are struggling with the same problem. LINK has been around forever, only recently started buying into a reserve, but who knows when they might stop? and then what's the point of the token? IMO there are only 3 real outcomes here: 1) fold equity into token - creates dilution risk, complexity around funds/lps who can't hold crypto assets, no real rules or laws around how governance works in the end state 2) fold token into equity - company would have to IPO, at a minimum due to 2000 shareholder limit, many token holders aren't KYC'd and would be screwed, some jurisdictions blacklisted, token would still be out there unless you had 100% redemption rate and may be even more confusing 3) try and merge the two structures organically - ie. in our case, try and overlap what the off-chain business does with what the on-chain project does. for us that means increasing the number of @helium_mobile subscribers that use the @helium network. is working, but slowly. we are focusing here for now are there any other mechanisms that people have thought of?

@aseidman Agreed. what are big goals this year for Hivemapper network? How will the network know that we have achieved success In 365 days?

it’s ✨giving season✨ we’re gifting 3 bee wifi models 🐝 to enter: – like & rt – follow – tag a friend + tell us where you’d map first ends 12/21 🎅

@aseidman Hivemapper has been putting in the hard work - Hodl and be rewarded -- this is a substantial and growth market -- i will not be surprised to see token price at $2+ in next 3-4 years -- be patient, support the network and wait and see

People ask which of my views have shifted since launching Hivemapper. The core one is simple: most DePIN networks will never reach global scale on crypto enthusiasm alone. Early crypto users are indispensable, but they’re not enough. Real-world coverage requires a second cohort: people who show up because the product delivers value on its own terms. They’re not thinking about tokens. They use the product because it solves a problem, and through that usage they become the supply. That dynamic is the only durable path to planetary-scale mapping infrastructure. This also strengthens the token. As the share of supply-side participants who depend entirely on the token declines, network coverage becomes more stable through market swings. The percentage should never fall to zero, but if only a quarter of your supply side is token-driven, the system is far more resilient.

@SuperS_Scotty @Hivemapper @helium_mobile @helium Mapping is a passive investment process not a paid job — do it for multiple projects - build out portfolio of tokens and hold — if you need to sell the tokens to pay the bills then I agree get out of mapping — but if you drive anyway then the tokens are all investment upside

@murham3000 @Hivemapper @helium_mobile @helium 🤣🤣🤣 so I’d only be paying about $7 a month to map for you 👍🏻

you asked, we delivered bring your Bee online anywhere – just $10/mo per device with your own LTE data plan @helium_mobile🤝@hivemapper mapping’s never been easier get yours today 👇 beemaps.com/lte

@SuperS_Scotty @Hivemapper @helium_mobile @helium $19 is for everything -- this is if you own the bee and what an inexpensive LTE - $10 is a great deal for it

@Hivemapper @helium_mobile @helium lol 😂 Funny how all of a sudden they can give it to you $9 dollars cheaper then last month 🤔🤣 Way to take care of existing mappers , who paid up front and wait a year longer then expected for delivery 👍🏻🤣😢

@aseidman via solscan $15K per week burn….that is real money/demand! Congrats. And think about how easy (low cost too) it is to scale this business — i am all in on Hivemapper ….. will accumulate as these prices are a gift

@Hivemapper burn today totaling $7,034 in one day which is equivalent to $9,379 in token value. And conservatively projecting is $200K per 30 days. Folks this business is starting to turn the corner --- keep a modest 10% growth per month for this year and $7.5M ARR - hodl😀

@MysteryTraderX @aseidman @XRanJetX i like a business that is at a run rate of $1M ARR (which is not easy to do btw)and growing plus 20% monthly and soon faster — in a matter of months when savvy investors look into this growth the narrative will turn to how quickly will this be $100M then a $1B - one yr? 2? Wow!

@aseidman @XRanJetX Bragging about burning 0.0123% of the current supply what a fking joke.

I was told DePIN has no demand.... Chainlink: $22B, $4K/week Helium: $500M, $338K/week What a complete f-ing joke.

@FlorinGC @aseidman Right on - you are going to make those clients money - using a baseball analogy - for the last few yrs Hivemapper was in the minors figuring things out - Beemaps got them called up to majors and are now producing - in a yr are Allstar game bound

@murham3000 @aseidman I've been showing the love since the start by mapping non stop and introducing clients to the project with over 100 referrals.

@aseidman @FlorinGC Hivemapper is the real deal - thanks for the hard work at building a real business - burns are tracking at a nice growth rate q/q — keep at it and when market structure bill passes folks will look for best businesses and Hivemapper will be recognized

@FlorinGC I am working hard every day --- 13 hr days. Have a good weekend. I will be working.

@FlorinGC @aseidman Real business is happening at Hivemapper - just track solscan — show Hivemapper the love - this is the best time to acquire

@aseidman I'm not saying you're not working, I'm just saying there's a weak link in the chain ⛓️ or a drain somewhere and needs fixing. I too leave the house at 4am and return at 8pm only to eat shower and sleep few hours You're claiming all these partnerships but just doesn't reflect

@Hivemapper Demand is increasing — checkout burns in last 30 days (even just those above $1000 in value) — way to go Hivemapper —- just keep building, fixing, improving and Hivemapper has a good shot at being a significant player in a year or two. This is real business at work. Love it.

i heard y'all like Bursts? if you're in CA, AZ, NYC, or Boston – you just got Bursted open Bee Maps app. hunt. map. secure that HONEY🍯 or stay home and be sad 🤷‍♂️

@GoldInvestLtr If Ecosystem using Hivemapper data grows to $3B/yr then say 20% of that translates to more than 80B map credits per year. At a token price of $1-2 this would be a net burn of 300-600M honey per year - Infrastructure in place, Bee being optimized, Demand growing, Risks decreasing

$140k at risk in $HONEY, down 44% on paper, and just added another 800,000 tokens today. If you believe in DEPIN but don’t own any HONEY then WTF are you doing with your life 😆 Phenomcrypto.com for more crypto

@aseidman Is my top down math correct? Spatial AI Mapping Market is growing to $$B. If ecosystem leveraging Hivemapper grows to capture say $3B in revenues by 2030 then this is equivalent to 80B map credits. At a token price of $2 then this means net burn of 300M tokens that yr

@CryptoBrasilia If a developer needs say 4M map credits (wholesale cost of $30K) and token price is at $0.0225 then it must pay 1.33M tokens (1M burn) but price $0.225 (10x) then only 133.3K. Maybe “# of map credits purchased in the last x days“ is a better metric to track demand?

Is DePIN truly a revolution in how we build infrastructure or just a new way to extract value from contributors? Hivemapper is often cited as one of the most promising decentralized infrastructure projects. But when we examine its data, structure, and incentive mechanisms, a different story unfolds, one that raises critical questions about who truly benefits from what’s being built. The $HONEY token was initially presented as the glue that would align incentives between contributors, operators, and consumers of map data. Its allocation reflected this vision: - 40% to contributors (as rewards) - 20% to investors - 20% to employees (for building the infrastructure) - 15% to Hivemapper Inc. (now BeeMaps, for ongoing R&D and operations) - 5% to the Hivemapper Foundation (to steward the network) Each portion had a justification. But the reality of how value circulates today stands in stark contrast to that initial balance. Contributors, the ones physically building the map, now receive a declining share of rewards, while the vast majority of circulating tokens are concentrated among insiders: the team, investors, and @TryBeeMaps Meanwhile, the idea of a “deflationary” token economy has become more of a narrative than a reality. The official claim is that BeeMaps, "the commercial arm", uses a portion of customer revenue to buy $HONEY from the market and burn 75% of it. But there’s a critical flaw here: BeeMaps also sells tokens OTC to raise capital, with no transparency about who buys, at what price, or under what terms. What’s the point of burning tokens purchased with funds raised by selling the same (or more) tokens elsewhere? In 2025, the math is clear: Average burn: ~600K HONEY/month → ~$12K Total issuance and unlocks: ~90M HONEY/month! The narrative of “value returning to the network” is hollow when emissions outpace burns by over 100x. Even worse: only a fraction of the value ever reaches contributors. Ariel recently stated that Hivemapper’s AI was trained on 100´s of millions km of community-collected map data. According to Hivemapper's own docs, the standard rate for imagery is $0.375/km/week — which would imply $37.5M worth of raw imagery used in training (for 100M km, according to hivemapper docs). Were those tokens burned? Ariel has also stated that when a customer pays $100K to BeeMaps, roughly $30K is used to buy HONEY. Of that $30K: - 75% is burned - 25% is re-minted and distributed to contributors Meaning just $7,500 out of $100,000, or 7.5% of the revenue, actually reaches those collecting and processing the data (bee is super expensive dashcam because it does the processing job, right?). The remaining 92.5% stays with BeeMaps or vanishes into a burn that may be financially neutralized elsewhere. The imbalance is structural, not incidental. The issue deepens when we look at the AI layer. Hivemapper’s AI models are trained using: - Images contributed by mappers who are not directly paid for them - Labels generated by human validators paid with contributors emited tokens - Internal data consumption by BeeMaps, with no visible burn to match Ariel already said that these AI models are the private property of BeeMaps. In other words, the network creates the data, but the company captures the asset. And BeeMaps doesn’t just control the models. It defines: - What regions should be mapped - How rewards are distributed - How data is priced - When and how much to burn And it's the only company allowed to sell mapping hardware, with proprietary insight into what’s needed, when, and where. Hardware teardown analyses suggest BeeMaps also captures significant margins on the camera sales themselves. It’s a closed-loop system: contributors take the risk, do the work, and purchase the equipment, while BeeMaps controls the demand, pricing, and profit flow. And when valid concerns are raised, they’re often dismissed with reductionist labels: “maximalists,” “theorists,” or “degenerates” who don’t build. But in any credible decentralized network, accountability is not optional, it’s foundational. What are we actually building, and who owns it? If DePIN is to succeed, it must offer: - Transparent revenue and burn flows - Contributor rewards that scale with value creation - Limits on central control - Governance that includes, not just exploits, the community I deeply respect builders like @toly , @mert and @amirhaleem , and I’d love to hear your thoughts on these structural challenges facing DePIN projects today. And yes,I’m posting this on a green day, to avoid the usual excuse that “critics only show up during downturns.” Let’s build something that actually belongs to the people who make it real @aseidman @Hivemapper @HivemapperFndn