Crypto Currency

StreetCred Is Challenging Google Maps—and It Wants Your Help

New York City, and Christiana Ting didn’t realize just how many urgent care facilities there were until the app told her to start looking for them. “They were giving extra points for medical offices, and I found them, I think, on every block,” she says. “I’m not sure what that says about the neighborhood where…


New York City, and Christiana Ting didn’t realize just how many urgent care facilities there were until the app told her to start looking for them. “They were giving extra points for medical offices, and I found them, I think, on every block,” she says. “I’m not sure what that says about the neighborhood where I work.”

Ting was one of 761 New Yorkers who downloaded, played with, and occasionally became obsessed with an app called MapNYC this fall, vying for their share of an 8-bitcoin prize (worth about $50,000 at the time). The month-long contest, run by a new mapping startup called StreetCred, was really an experiment. StreetCred’s main research question: How do you convince regular people to build and verify mapping data?

It turns out that the maps that guide you to the nearest Arby’s, or help your Lyft driver find your house, don’t just materialize. “I took mapping for granted until I started the competition,” Ting says, even though she pulls up Google Maps at least twice a day. “But it’s such an inconvenience if the info on the map is wrong, especially in a place like New York, that’s changing all the time.”

For regular folk, detailed, reliable mapping info is helpful. For businesses, it can be crucial. Some want to be found when a map user searches for the nearest sandwich shop. Others use products that rely on base maps—think Uber, the Weather Channel, your car’s navigation system—and require up-to-date location data. “One of the huge challenges to any geographic database is its currency,” says Renee Sieber, a geographer who studies participatory mapping at McGill University. That is to say, yesterday’s map is no good to anybody doing business today.

Validated and unvalidated data points in Queens, New York, a few weeks before the conclusion of the MapNYC contest. StreetCred CEO Randy Meech says he suspects Uber and Lyft drivers were adding this data as they picked up, dropped off, and waited for fares near John F. Kennedy International Airport.

StreetView

StreetCred sees that as an opportunity. “There’s a lot of companies, none of whom I can name, who have location data, and that data needs improvement,” says

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

MicroStrategy Moves $30 Million in BTC to Coinbase Prime: Is the Bitcoin Sell-Off Already Here?

Strategy (formerly known as MicroStrategy), the largest corporate Bitcoin holder, has deposited 411.48 BTC worth roughly $30.3 million dollars into Coinbase Prime, sparking intense speculation about a potential sell-off across the crypto market. We break down what happened, what prediction markets now expect, and why the move matters for Bitcoin investors…

Strategy (formerly known as MicroStrategy), the largest corporate Bitcoin holder, has deposited 411.48 BTC worth roughly $30.3 million dollars into Coinbase Prime, sparking intense speculation about a potential sell-off across the crypto market. We break down what happened, what prediction markets now expect, and why the move matters for Bitcoin investors…
Read More

Continue Reading
Crypto Currency

U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto

Bitcoin Magazine U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto Treasury Secretary Scott Bessent said the U.S. has seized up to $1 billion in Iran-linked crypto. This post U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto first appeared on Bitcoin Magazine and is written by

Bitcoin Magazine

U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto
Treasury Secretary Scott Bessent said the U.S. has seized up to $1 billion in Iran-linked crypto.
This post U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
Read More

Continue Reading
Crypto Currency

JPMorgan Chase CEO Jamie Dimon Declares War on Clarity Act, Calls Coinbase’s Armstrong ‘Full of Sh*t’

Bitcoin Magazine JPMorgan Chase CEO Jamie Dimon Declares War on Clarity Act, Calls Coinbase’s Armstrong ‘Full of Sh*t’ JPMorgan Chase CEO Jamie Dimon has drawn a battle line in Washington: the Clarity Act, as written, is dead on arrival — and Coinbase CEO Brian Armstrong is the enemy driving it…

Bitcoin Magazine

JPMorgan Chase CEO Jamie Dimon Declares War on Clarity Act, Calls Coinbase’s Armstrong ‘Full of Sh*t’
JPMorgan Chase CEO Jamie Dimon has drawn a battle line in Washington: the Clarity Act, as written, is dead on arrival — and Coinbase CEO Brian Armstrong is the enemy driving it…
Read More

Continue Reading
Crypto Currency

Bitcoin perps just got a US green light, but one catch could decide everything

The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products. The Commission approved KalshiEX LLC’s BTCPERP contract as a futures contract…

The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products. The Commission approved KalshiEX LLC’s BTCPERP contract as a futures contract…
Read More

Continue Reading