NATIX Network to Launch $NATIX Token Listing on 2 July, Plans to Build World's Largest Crowd-Sourced Camera Network

In every industry, market, or sector, real-time, actionable geospatial data has become indispensable for both daily life and the success of businesses.

However, much of this data is currently locked behind intellectual property rights, subject to costly subscription fees from tech giants, or simply unavailable due to technical limitations.

This is where NATIX Network steps in, with a mission to offer open and fair geospatial intelligence to individuals and organisations alike.

NATIX introduces the first AI-powered dynamic map, enhanced by Decentralised Physical Infrastructure Network (DePIN) and a global driver community.

NATIX Network aims to create a comprehensive map with hyper-local data from drivers worldwide by offering a free-to-use mapping Web3 service.

The platform's approach involves collecting data through the use of existing cameras as "super sensors," safeguarding privacy rights with NATIX's proprietary artificial intelligence (AI) and Edge computing technology, and generating a Dynamic Map of the real world for users to gather and utilise real-time data.

By leveraging a crowd-sourced camera network and blockchain technology, the NATIX Network integrates decentralisation, financial incentives, and intrinsic motivations to dismantle long-standing data monopolies.

It leverages the Drive& app, available for free on the iOS App Store and Google Play, making it accessible and user-friendly.

Is There Any Privacy Risk?

Today's computer vision systems often compromise privacy by operating with non-anonymised images during data collection and processing.

NATIX's innovative solution allows developers to create privacy-compliant applications, known as mApplets, with minimal coding effort through the NATIX Vision SDK.

Developers can choose and combine various features, such as object detection, zoning, and object trajectory, while defining the metadata structure.

NATIX has pioneered an AI technology that simplifies the process of enhancing any camera with smart capabilities while ensuring 100% privacy compliance.

This technology has been successfully deployed by international organisations like E.ON, the City of The Hague, and Deutsche Telekom.

NATIX Network seeks to integrate NATIX's proprietary AI technology with the 45 billion existing cameras worldwide, found in smartphones, drones, vehicles, and IP cameras, to establish the most extensive crowd-sourced camera network.

Virtually any camera can run the AI software, gather metadata with the highest privacy standards, and contribute to a Decentralised Dynamic Map (DDMap).

Camera owners are rewarded with cryptocurrency as the real-time data is monetized to support various applications.

This approach by NATIX Network introduces a new economy for crowd-sourced geospatial data, driven by the "Internet of Cameras."

It significantly reduces infrastructure costs for data consumers, as the cameras are owned by private individuals, and maintains 100% privacy compliance.

The DDMap, a product of NATIX Network, serves citizens, businesses, and municipalities with a variety of real-time data, including crowd sizes, available parking spots, and pothole locations.

The DDMap comprises two primary layers:

-Permanent and transient static layers, which include the static road map, roadside infrastructure, and landmarks. This layer does not require frequent updates and is typically provided by mapping companies like Google Street View and Mapbox.

-Dynamic and highly dynamic layers, which encompass information such as road conditions, traffic, and parking spot availability. This layer demands regular updates and is the primary focus of NATIX Network.

NATIX Network Launches $NATIX Token on Solana

Solana Mobile has been at the forefront of the mobile Web3 era with Saga, aligning with NATIX's vision for scalability through a network of smartphones.

After successful beta testing, the Drive& app is now accessible on Saga's dApp store, alongside other decentralised applications available for the next generation of smartphones.

NATIX Network has recognised that Saga offers unparalleled capabilities for their needs.

The phone's advanced camera, combined with the Snapdragon 8+ Gen1 Mobile Platform chip, provides an ideal environment for the Drive& app to perform optimally.

Moreover, Saga phone holders have more reasons to celebrate.

As part of the Network Laps airdrop programme, which is set to reward users for reaching a cumulative milestone of 100 million kilometers, all Saga Genesis and Chapter 2 pre-order Token holders who participate in the event will receive a 30% multiplier to their Driver Cards.

All they need to do is connect the appropriate wallet within the Drive& app.

Solana's synergy with NATIX's AI-driven smartphone strategy is evident, and Saga serves as the perfect platform for NATIX users to remain connected and in control, regardless of their location.

Saga's seamless access to Web3 native dApps sets the stage for future collaborations between the Drive& app and Solana's mobile ecosystem.

Drive& App: An All-in-One Solution to Drive-to-Earn

Drive&, the flagship product of NATIX Network, is an innovative AI-driven driver assistant application that operates within a decentralised ecosystem.

It empowers users by automatically rewarding them for documenting events in their environment while driving, making each journey safer, more engaging, and financially rewarding.

Leveraging the ubiquity and convenience of smartphones worldwide, Drive& makes it easy for users to join and utilise the app without the need for expensive specialised devices—your smartphone is sufficient.

Drive& aims to transform the driving experience by integrating driver assistance tools, Marketplace functionality, and gamification features into a single, user-friendly application.

As users mount their smartphones on their dashboard, the computer vision AI transforms every smartphone camera into a smart sensor, automatically scanning the road ahead for obstacles, surface damage, traffic congestion, and more.

In return for their contributions, Drive& users are rewarded with in-app currencies that can be exchanged for various rewards.

With the introduction of the $NATIX token in 2024, users will have the chance to convert their driving experience into tangible earnings, further motivating participation and fuelling the growth of the NATIX ecosystem.

By offering practical driver assistance tools and functionalities, Drive& becomes an essential companion for drivers, creating a powerful flywheel effect.

Drive& users act as both the supply side for data and the demand side of a network that operates in a decentralised space.

By introducing gamified elements such as regional leaderboards, mission completion, and participation in airdrop programmes for additional rewards, Drive& turns driving into an interactive and rewarding activity.

This approach not only stimulates user participation but also cultivates a sense of community and competition among users.

As one of the first DePINs to embrace gamification, Drive& sets a new benchmark for user engagement and retention in the decentralised infrastructure space.

DePIN users are incentivised to contribute data to the network and are rewarded through blockchain technology and cryptocurrencies.

Drive& appeals to a broader audience with its integrated Marketplace, offering a variety of rewards beyond cryptocurrencies, including tangible rewards and discounts through partnerships with major vendors.

The Marketplace provides an accessible entry point into the world of decentralised networks for users who may not yet be familiar with cryptocurrencies, fostering wider adoption and enhancing user engagement and retention.

With over 120,000 registered drivers and more than 50 million kilometers covered in just 12 months, NATIX has quickly become one of the fastest-growing DePINs globally.

Drive& is available on Apple store and Google Play.

$NATIX Token Event Generation (TGE) on 2 July 10am UTC

$NATIX token listing is happening today at 10am UTC (6pm in Singapore time).

Token supply: 100 billion

Distribution:

Team and Advisors (20%): 9-month cliff followed by 30-month linear vest

Incentivisation pool (reward, staking, ecosystem, and community) (37%): release based on product usage; slowly over the lifetime of the project

DEX/CEX Liquidity (8%): unlocked fully at TGE

Early backers (24.9%): 10% of the allocation unlocked at TGE, 6-month cliff, followed by 20-month linear vesting

Public Sale (5%): 25% of the allocation unlocked at TGE followed by 6-month linear vesting

Reserve (5.1%): 25% of the allocation unlocked at TGE followed by 48-month linear vesting

The NATIX native token is a cornerstone for participants within the NATIX ecosystem, offering several key features:

1) xNodes: The token is utilized to incentivize NATIX Network nodes, known as xNodes.

2) Staking and DAO: Token holders can engage in the governance of the protocol by staking their tokens and participating in the DAO.

3) Internal currency: The token serves as the internal currency within the NATIX ecosystem.

Tokens sold during the publicly traded round remained locked until around the end of June 2024.

Following this period, 25% of the tokens will be unlocked upon listing on centralised exchanges (CEX) which is on 2 July at 10am UTC, with a subsequent six-month linear vesting schedule.

Drive& users can apply to withdraw their in-app NATIX prior to the TGE, with a minimum request of 6,000 in-app NATIX per application.

An early withdrawal window was open from 25 to 28 June at 11 am CET, with a cap of 10,000 requests.

Users who submitted their requests during this period will receive their funds on 2 July.

If the maximum of 10,000 withdrawal requests is reached before 28 June, the early withdrawal window will close.

After this window closes, new requests will be accepted starting on 2 July.

It is anticipated that there will be significant traffic during the TGE.

NATIX Network warns that withdrawing more than 50% of your in-app NATIX within the first 30 days post-TGE (before the HODL airdrop) will reset your HODL Score to 0, so exercise caution if you intend to participate in the HODL Airdrop.

The Network Laps initiative continues until the NATIX Network achieves a milestone of 100 million kilometers mapped.

The early withdrawal window is specifically for individuals who have earned in-app NATIX through mapping activities and/or participation in Social Quests.

Post-TGE, the following withdrawal procedures will be in place:

1) TGE until TGE+7 days: Starting July 3rd, new instant withdrawal requests will be permitted with a 0% fee, and users will receive their funds the following day.

2) TGE+7 days onwards: Users can submit withdrawal requests that will have a 30-day cool down period, or they can opt for an instant withdrawal request with a 30% fee.

NATIX Network has raised a total of $13.12 million from public sale and funding rounds to date, bolstering its efforts to challenge big tech's hold on map data.

Meet the Brains Behind NATIX Network

Alireza Ghods, Ph.D. Co-Founder & CEO

Ghods, Ph.D., has a diverse work experience in various roles and has contributed to projects in the fields of IoT, blockchain, and emerging technologies, including launching NATIX Network in 2022.

Prior to NATIX, Alireza worked as a Partner - Tech at Blockarm, then at PwC Deutschland in the Emerging Technologies (Blockchain & IoT) department, and so on. Ghods, Ph.D. has a strong background in electrical and computer engineering as well as wireless communication.

His socials: X and LinkedIn

Lorenz Muck, Co-founder & CPO

Muck, who has a Master's degree in International Business from Hult International Business School, is currently the CPO, COO, and Co-founder, MD of NATIX.

Prior to that, he worked as the Managing Director of SchmitzMuck and served as a Product Owner at aiconix GmbH and as a Product Expert at SALT AND PEPPER Software.

His socials: X and LinkedIn

Omid Mogharian, Co-founder & CTO

Mogharian is the Co-Founder, Chief Technology Officer and Managing Director of NATIX Network with 15+ years in software development and blockchain.

He previously worked at PwC Deutschland as a Technical Manager. Mogharian attended Hamburg University of Technology.

His socials: X and LinkedIn

Opening the World of Web3 & DePIN to Masses, But Does NATIX Have What it Takes?

NATIX Network has democratised access to the realms of Web3 and DePIN, dismantling barriers to entry in a true embodiment of decentralisation.

As a trailblazer in this space, NATIX Network is poised to capitalise on its first-mover advantage.

The platform's immediate onboarding process eliminates the constraints that often hinder decentralised operations.

In comparison to its closest Web3 competitor, Hivemapper, NATIX Network distinguishes itself by not requiring users to purchase dedicated hardware.

Instead, it enables participation through smartphones, significantly lowering the entry barrier.

Ghods highlighted that the Drive& app also uses up to 99% less data than competing applications.

Currently, NATIX Network employs a team of 20 individuals, with plans to expand with new funding by recruiting talent in engineering and business development in the near future.

NATIX Network has earned the trust of international entities such as E.ON, Deutsche Telekom, the City of Den Haag, the City of Gelsenkirchen, and Thyssengas.

The company is supported by a roster of reputable global investors, including Borderless Capital, Tioga Capital, Blockchange Ventures, Techstars, Escape Velocity, Big Brain, WAGMI Ventures, Inception Capital, Laser Digital, IOTEX, Moonrock Capital, Cogitent, Room 40 Ventures, Veris Ventures, Future Money Group, iAngles, Plug and Play Ventures, XYO, Mulana Capital, CoinIX Capital, NECTO Labs, and other angel investors.

While the team seemingly may not possess deep expertise in cryptocurrency and lacks support from top-tier backers, and its influencer marketing efforts are below average, NATIX Network's free-to-use mapping service for Web3 is commendably user-friendly.

Participation is straightforward, requiring nothing more than a smartphone, a device ubiquitous in today's world.

Coinlive is inclined to recommend giving NATIX Network, particularly its Drive& app, a chance, as it offers an opportunity to contribute to the acceleration of mapping initiatives.