Maps.me MAPSPrice $ 0.0178

Maps.me is a navigation app that works in a similar fashion to Goggle Maps. It plans to combine digital currencies, serve as an income source, as well as provide travel booking services. The Maps 2.0 upgrade supports both online and offline maps and also provides financial services and products for its users.

The Maps 2.0 upgrade brought DeFi integration to the platform and has introduced financial products and services. Users can store assets, exchange currency, transfer money and also make payments. Maps 2.0 is based on the Solana blockchain and is powered by the Serum protocol. As such, the platform leverages the associated benefits including faster transaction speeds, low fees, as well as increased network security.

MAPS is the Maps.me ecosystem token, its total supply will grow to a maximum of 10,000,000,000.

What are Maps.me key features and how does it work?

Maps 2.0 comes with embedded finance application functionality. This means that the platform allows users to exchange cryptocurrency. Indeed, one of Maps’s key features is its digital wallet. The wallet allows peer-to-peer transactions meaning that no third party of intermediary is needed to conduct any form of exchange between users. Therefore, it makes for a more affordable booking platform and is censorship-resistant for remittances and payments across the globe.

The use cases for Maps.me are far-reaching and extend beyond its functionality as just a map. For example, business owners who want to rent their properties can do so directly on the Map.me platform. This means that users can make direct bookings and payments without having to leave the application, and no extra fees are incurred due to third-party interference.

What is noteworthy about Maps.me?

The platform plans to launch partnerships with local businesses to promote their needs, as well as the needs of their users. As such, the entire Maps.me ecosystem is hoping to facilitate more personalized promotions, and relevant loyalty programs integrated within the map.

The platform also has a comprehensive rewards system. MAPS is distributed as rewards to frequent users and users who visit promoted locations. Furthermore, MAPS holders are entitled to lower fees and higher earnings, as well as taking part in the governance of the platform.

Developer teams on the platform can also benefit from Maps.me Solana integration. Essentially, anyone can build applications on the protocol, or make improvements to those already on the platform.