AtlasNavi - Drive to Earn AI navigation

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pmbug

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Found this app this morning and I'm still investigating it:


They have an app for cell phones that works as a GPS navigation app, but it doesn't track your history and all data is encrypted and private. The app will use AI to connect road hazard info within the network so that hazards discovered by one driver are shared to other drivers (if I understood correctly).

Drivers using the app are paid in a NAVI crypto token that is a layer 2 built on Ethereum.
 
Upon further reading, anyone can download and use the navigation app, but in order to earn crypto while driving, you first have to buy an NFT from them:


The NFTs are not cheap (starting at $300 and goes up from there) and they also have a limited use (I'm estimating ~20 full gas tank refills for my ~330 mi/tank vehicle) before the rewards start diminishing.



Sounds like maybe you can use the app to navigate, acquire a $MILE balance and then buy an NFT whenever you want to convert the $MILE to $NAVI. At the current market price of ~$0.29 NAVI and exchange rate of 7 $MILE/$NAVI, you would need to drive about 3,500 miles using the app before you would break even on the cost of the cheapest NFT.

This doesn't sound like a true decentralized crypto project - there is a central authority in control of the tokenomics, but could be worth playing around with.
 
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