Bart de simp Ⓜ️Ⓜ️T

I’ve already touched on the importance of DePINs when covering @peaqnetwork. Let's dive into one of their hottest ecosystem projects and why I think they are a hidden gem: NATIX Network – a fast-growing DePIN x AI project that will change our driving experience. TLDR: @NATIXNetwork is building an open geospatial intelligence network using its proprietary AI and smartphone cameras. NATIX’s Drive& app uses driver assistant apps (e.g. dashcam and navigation) to crowdsource real-time data and reward users for contributing. Hint: if you want to start farming their airdrop with extra points, use my code at the end of this thread 👀 Disclaimer: @MoonrockCapital is an investor in Natix. So let’s get started: NATIX started in 2020 as a computer vision AI company, generating over $300k of revenue by the end of 2021. However, building a camera infrastructure is expensive and not scalable. NATIX Network was established to crowdsource the camera infrastructure and tokenize it – the epitome of DePIN. Fast forward to April 2023 when NATIX launched the Drive& app. Drive& operates as a free AI-powered dashcam app. Drive&’s patent-pending privacy solution combines the power of AI with Edge Computing to anonymize the data collected before it even leaves your devices, all the while rewarding its users with in-app currencies. But that’s not the only benefit users get. The NATIX Network flywheel above shows that the data collected helps create more driver-assistant features (e.g. navigation, parking, etc.) And with it, a more sustainable token economy. Imagine a decentralized version of @waze that rewards you for using it and gives you more features using the data you contributed. And that’s only for one use case of the NATIX solution. In reality, the AI-based event detection technology and data collected can be used to power any project that necessitates real-time geospatial data. NATIX has the opportunity to drive innovation across sectors such as IoT, AI and autonomous systems. NATIX’s disruptive potential is a key consideration for any investor looking to capitalize on emerging trends. Best part? They hardly have direct competitors. The only similar project, @Hivemapper, is a multi-billion dollar company and gets outclassed by NATIX in my opinion. Let’s compare the two projects: 1) Hivemapper creates static maps. NATIX collects dynamic real-time geospatial data (which is more valuable) 2) Hivemapper requires investing in a dashcam, which users have to wait months for. NATIX’s Drive& is a free smartphone app – no need to buy dedicated hardware, hence a way lower hurdle to get started. 3) Drive& consumes up to 99% less data than Hivemapper. 4) Drive& is a dashcam app with more driver assistance features to be added in the future (e.g. navigation, parking, etc.), Hivemapper’s product only operates as a dashcam. 5) The majority of drivers (uber, taxi, truck etc.) are non-crypto natives, NATIX offers both crypto and non-crypto rewards, while Hivemapper only offers crypto rewards. If you ask me, NATIX has the better technology and a way smaller hurdle to onboard users, while sitting at a fraction of their valuation ($HONEY is sitting at a $1.3bn FDV, ATH $3.3bn FDV). The NATIX Network has been active for a little less than a year and the numbers speak for themselves: - Over 70k registered drivers - Over 20 million km covered Partnerships with some of the biggest DePINs ($PEAQ, @silencioNetwork, @DIMO_Network and more) With over 1.5 billion smartphones worldwide with the minimum necessary specs, the scalability potential is massive. And we’re here so early I feel like a kid waiting for Christmas when it’s only Easter. Not to mention their latest Airdrop program “Network Laps” offers rewards based on milestones reached by the community as a whole. I mean, the $NATIX Token is set to launch in Q2 there’s a good chance it will drive NATIX Network to the forefront of the DePin industry. A project is only as strong as its team, and NATIX has some superstars with prior expertise in blockchain technology, decentralized systems, and business development. One thing this team is not lacking is experience. I’ve known CEO @AlirezaGhods2 for a while now, and I have only good things to say. Besides his strong commitment and dedication, Alireza has over 10 years in IoT and Blockchain, 5 years of R&D in autonomous driving and HD maps, and a Ph.D. in geospatial localization, you know NATIX is in good hands. CTO @omidmogharian specializes in Decentralized and Distributed Systems and AI at scale and has over 15 years in software development and architecture. And then there’s CPO @lorenz_muck who has been building Computer Vision AI and AR products for over 10 years, and the development and launch of over 20 products under his belt. To sum it up: NATIX Network is a rising star in DePIN innovation, aiming to change our driving experience, bringing Web3 innovation to your trusted smartphone, and a highly experienced team, the potential here is crazy. NATIX stands a real chance at capitalizing on the shift towards decentralization. With its scalability potential as a mobile-based DePIN, and a promising token economy, NATIX has the makings of a project worth monitoring closely in the ever-evolving landscape of Web3. If you liked that thread and want to get started with Natix, download the app and get started with the special code the team provided for me, which means twice as many starting points as a welcome bonus for you. Code: scoinaldo Thanks as always for reading, let me know if you have any questions and sharing it is appreciated!