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DMM Crypto Announces Partnership with Hivemapper to Bring Decentralized, Blockchain-based Mapping to Japan

2024/08/19

TOKYO - August 19, 2024 - DMM Crypto, a Web3-focused subsidiary of the multibillion-dollar Japanese conglomerate, DMM Group, today announced a partnership with Hivemapper to bring decentralized, blockchain-based mapping and associated services to the Japanese market.

DMM Crypto was established to spearhead DMM Group’s Web3 business, including blockchain games and NFT projects. DMM Crypto’s first major initiative was the launch of Seamoon Protocol - a blockchain-based gaming and entertainment platform featuring DMM Group’s industry-leading titles.

Hivemapper crowdsources roadmapping data by installing dashcams on the vehicles of individual civilian motorists and fleet operators and uses artificial intelligence to integrate the data into real-time street maps. Drivers who contribute data to the project earn rewards in the form of cryptocurrency tokens called HONEY. Third-party organizations can access Hivemapper data for a fee - early private-sector adopters include navigation services, home delivery, real estate and autonomous vehicles. Hivemapper has successfully mapped approximately 150 million kilometers since launching in 2022, which is more than nearly five times faster than conventional map services.

“DMM Crypto is an exceptional organization with a proven track record in areas essential to Hivemapper’s growth.” said Hivemapper CEO and Co-founder, Ariel Seidman. “Through our partnership, we aim to highlight the transformative power of DePIN and set the gold standard for Web3 projects in the region.”
”We are pleased to form a partner alliance with Hivemapper, one of the world's leading DePIN projects,” said Nagato Kasaki, DMM Crypto CEO. “Our goal is to strongly promote the mass adoption of web3 in Japan through the promotion of Hivemapper in Japan and the support of its regulatory compliance.Therefore, with the support of the Japanese government agency "JETRO" (Japan External Trade Organization), we plan to launch a large-scale demonstration experiment using the Hivemapper Fleet.”


Under the terms of the partnership, DM2C will manage Hivemapper dash cam distribution, operate the Hivemapper fleet business, provide customer support and regulatory compliance services and lead business development efforts in Japan and other select Asian markets.
The companies also intend to launch a variety of pilot projects spanning decentralized physical infrastructure networks (DePin), drive-to-earn programs and Hivemapper fleet expansion in partnership with Japan’s auto industry, which is the fourth-largest in the world.


About Hivemapper
The Hivemapper Network is a global, crypto-mapping network that collects fresher, high resolution, and relevant map data in a more cost-effective way. Map contributors capture 4K street-level imagery with dashcams, carry out quality assurance and annotate imagery. Map consumers leverage the map API across industries and use cases. Hivemapper is revolutionizing the mapping economy. To learn more about Hivemapper, please visit: hivemapper.com.

About DMM Crypto and Seamoon Protocol
DMM Crypto is a subsidiary of DMM Group that was established in January 2023 to spearhead the company’s Web3 business, including blockchain games and NFT projects. DM2C’s studio’s first major project is the launch of Seamoon Protocol - a blockchain-based gaming and entertainment platform featuring DMM Group’s industry-leading titles.