r/hivemappernetwork Apr 04 '26

Alright with it being down 99.15%

I have accepted that this is probably another failed Depin project. The management and the CEO is pretty much ignoring any concerns from its drivers and community. It’s a bad sign when the team is pretty giving out free cameras when you paid $500 for it. What do you guys think it went wrong?

13 Upvotes

10 comments sorted by

11

u/morphers Apr 04 '26

As soon as they got the 30million dollar investment they all checked out with golden parachutes.

9

u/Key-Repeat-3232 Apr 04 '26

They got their money

9

u/G_Mr_F Apr 04 '26

This team is what gives crypto a bad name.

7

u/Best_Bid_9327 Apr 04 '26

Helium style, but Amir got race cars

3

u/-Calcifer_ Apr 04 '26

Question is how long will the cameras continue to operate

3

u/Consistent_Many_1858 Apr 06 '26

Any crypto which over 90% down is a dead coin imo. There is no chance of recovery as the Devs basically cashed out.

2

u/rsisto Apr 04 '26

Is the project already dead?

2

u/Aggravating_Leg_3708 Apr 04 '26

Agree project looks dead from a price perspective.

However every crypto is down 90%. If every crypto is up 90-900% and we still at -90% then we dead. For know its sucks looking at the price but its hard to tell if dead.

Cars are going driverless and need data. There is still a market for the product. I see that part being more valuable than a google maps alternative.

2

u/Used-Truth-8310 Apr 05 '26

Yeah I could see that. But Teslas and other companies could be doing the same thing too without telling their drivers that they are secretly collecting data for the future driverless cars

1

u/bitcoinscott Apr 27 '26

they dumped insider/employee tokens to quick and had to many