Welcome to the penultimate progress update for 2024, summarizing the NATIX events in November, and this one took us for a hell of a ride. We’ve had an amazing product release, customer onboarded, tokens burned, milestones reached and partnerships closed. We have been busy…
With all that transpired this month, our network grew immensely, and we’ve had a lot of interest in our project, highlighted by media coverage and outside recognition. With only December remaining to conclude this as an epic year, let’s review our progress this past month.
As usual, let’s review the NATIX Network's growth and success. Our network numbers over 191K registered drivers, taking us near the 200K mark. We wanted to highlight once again how much we appreciate every single one of our dedicated drivers who are the life and blood of this project.With over 108M kilometers driven, we have now reached the Network Laps milestone, triggering the airdrop, and we have accumulated over 550M data events detected on the road.
In case you’ve been living under a rock, or simply haven’t had an internet connection lately, we unveiled the brand new NATIX VX360, designed to give Tesla drivers the power to control their 360° camera footage, monetize it, and help accelerate mapmaking and a safer and more cost-effective autonomous vehicle (AV) stack development and testing.
The release of VX360 was a big success, receiving media coverage from prestigious publications, and it was highlighted by wide recognition in the crypto space. Phase 1 pre-orders are live, with a special Early Bird price of $279.99, including a $NATIX bonus reward. You can read more about the VX360 on our blog.
This month we were proud to share that we have signed our first client, and it's a large player in the geospatial data market. Of course, choosing NATIX is a no-brainer for geospatial data, as our smartphone strategy lets us build a network of drivers anywhere at lightning speed. We're also 10x more efficient than state-of-the-art projects at network building and mobilization, covering blind spots in our focus cities in less than 24-48 hours.
Data monetization plays a big part in our protocol revenue, with a big portion of it being used directly for the buyback and burn of $NATIX, which accrues value to the token. This is what a truly deflationary economic model looks like, and every future data sale will directly benefit $NATIX token holders.
With data monetization added to our protocol revenue after securing our first data client, in November we issued another token burn of over 33M $NATIX – nearly 4x of the first burn, bringing the total amount of tokens taken out of circulation to over 41.5M.
The burns will keep coming as we use every opportunity to accrue value to the token. As always, we are committed to full transparency and will continue to provide updates and proof of burnings on NATIX Token Burn Blog.
Congratulations on hitting the network laps milestone this month NATIXIANs! Now that the network has accumulated over 100M KMs mapped, we’ve triggered the Network Laps airdrop and finished the reward distribution this month.
Once again, we wish to thank anyone who took part in this amazing achievement, and you can expect more from the Network Laps soon because the race keeps going.
November was one of the most active months in terms of NATIX appearances, including two AMAs we’ve held this month, and a few podcasts that hosted CEO Alireza Ghods. In case you missed any of our appearances, we can especially recommend this podcast with Frictionless Capital, where our esteemed advisor and automotive superstar, Ulrich Lages joined Alireza to discuss the VX360, the future of autonomous driving and how NATIX can be a game-changer in the field by collecting 360° camera imagery:
We continue in our mission to position NATIX as a DePIN aggregator for partnered projects, letting our users monetize their daily lives. Furthermore, the last week of November is widely known for extensive deals and discounts, and NATIX was no different with luxurious Black Week deals through the Drive& Marketplace.
This month we've partnered with Daylight, a DePIN building the world’s largest decentralized, sustainable power plant. Drive& users can connect their energy devices, or complete quests in the Daylight app to start earning, and help create a world with smarter, cost-effective power solutions.
The end of 2024 is nigh. We wish to end the year on a high note and will reveal a few more tricks we’ve kept up our sleeves. With that, Christmas and New Year time will be a time for reflection and appreciation for our community, as we ready our engines for 2025. Make sure to follow our Twitter @NATIXNetwork to stay up-to-date with our announcements and releases.
