# Market Commentary & Hivemapper Deep Dive (Solana DePIN)

_How Hivemapper is mapping the world faster and at lower costs than Google_

June 21, 2024 • Michael Nadeau

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# Market Commentary & Hivemapper Deep Dive (Solana DePIN)

## How Hivemapper is mapping the world faster and at lower costs than Google

Michael Nadeau
 June 21, 2024

[Listen to Episode 9 on Spotify](https://podcasters.spotify.com/pod/show/thedefireport/episodes/Episode-9-Hivemapper-e2l51c1?utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=market-commentary-hivemapper-deep-dive-solana-depin)

[Listen to Episode 9 on Apple](https://podcasts.apple.com/us/podcast/episode-9-hivemapper/id1717262936?i=1000659793890&utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=market-commentary-hivemapper-deep-dive-solana-depin)

 In Episode 9 of The Signal Oskari and I share an update on the markets from both a macro and onchain data perspective as well as an overview of our due diligence process through the lens of Hivemapper — a leading DePIN project on Solana.

 Topics Discussed:

-  Market update & FOMC meeting insights

-  Onchain data & market sentiment update

-  Intro to Hivemapper

-  The problems Hivemapper seeks to solve

-  Hivemapper’s solution, product & progress

-  How Hivemapper uses tokens to coordinate and incentivize a global network of drivers

-  Why Hivemapper has been able to map 20% of the world faster and at a fraction of what it costs Google Maps

-  Token Economics

-  Financials, community, investors, and team behind Hivemapper

-  Risks & future prospects

 This episode provides a comprehensive, data-driven view into the disruptive potential of decentralized physical infrastructure networks.

 We hope you enjoy it and have a great weekend!

[](https://tokenterminal.com/?utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=market-commentary-hivemapper-deep-dive-solana-depin)

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***Disclaimer: ****Individuals have unique circumstances, goals, and risk tolerances, so you should consult a certified investment professional and/or do your own diligence before making investment decisions. The co-hosts and their guests are not investment advisors and may hold positions in the assets covered. Certified professionals can provide individualized investment advice tailored to your unique situation. The topics discussed are for general educational purposes only, are not individualized, and as such should not be construed as investment advice. Any content shared in the podcast is derived from both publicly available information as well as proprietary data sources. All information presented and sources are believed to be reliable as of the date first published. Any opinions expressed during the show are based on information available as of the date of the publication. Although The DeFi Report and the co-hosts believe the information presented is substantially accurate in all material respects and does not omit to state material facts necessary to make the statements herein not misleading, all information and materials shared or discussed are provided on an “as is” and “as available” basis, without warranty or condition of any kind either expressed or implied.*