MAPS PriceMAPS

What is MAPS (MAPS)?

MAPS is the native token powering Maps.me 2.0, a mobile application that combines online and offline mapping capabilities with decentralized finance (DeFi) functionalities. Maps.me is a mobile mapping application that the project positions as a bridge between navigation tools and DeFi services. The token is designed to intertwine with the app's multifaceted features, acting as the linchpin for referral commissions, premium services, and governance participation.

MAPS is issued on Ethereum at contract address 0x2b915b505c017abb1547aa5ab355fbe69865cc6d; CoinMarketCap also tags it under the Solana ecosystem. The token is also associated with the FTX Bankruptcy Estate on CoinMarketCap. Trading activity and market data are shown on the live price page.

Key Specifications & Tokenomics

• Name: MAPS
• Ticker / Symbol: MAPS
• CoinMarketCap ID (UCID): 8166
• Official Website: https://maps.me/token/
• Whitepaper: https://maps.me/token/MAPS.pdf
• Contract Address (Ethereum): 0x2b915b505c017abb1547aa5ab355fbe69865cc6d
• Blockchain / Ecosystem Tags: Ethereum Ecosystem, Solana Ecosystem, Web3, CMS Holdings Portfolio, Alameda Research Portfolio, FTX Bankruptcy Estate (according to CoinMarketCap)
• Explorer: etherscan.io/token/0x2b915b505c017abb1547aa5ab355fbe69865cc6d
• Launch Date: 11 October 2020（CoinMarketCap listing: 1 February 2021）
• Community: t.me/Maps_Official ; x.com/MAPS_ME
• Circulating Supply: 45.49M MAPS
• Total Supply: 9.99B MAPS
• Capped Supply: 10 billion tokens

The tokenomics present a notable disparity between circulating and total supply, with only a small fraction of the 10 billion capped supply currently in circulation. This structure implies significant future dilution potential as remaining tokens enter the market. The registry lists total supply of 9,999,999,996 MAPS and no maximum supply figure; the 10 billion figure is the project's stated cap.

Who created MAPS?

The registry data for MAPS does not list named founders or a corporate entity. The white paper and official website serve as the primary sources of technical and conceptual information, but they do not attribute the project to specific individuals.

How does MAPS work?

MAPS functions as the utility and governance token within the Maps.me 2.0 ecosystem. The application integrates online and offline map functionality with DeFi services, allowing users to manage payments, book accommodations, transfer funds, and oversee assets within a decentralized framework. MAPS is used for referral commissions, premium services and governance participation.

The project positions its financial services as decentralized, contrasting with centralized platforms in brokerage, payments, and fintech banking. MAPS also facilitates payments at local merchants, extending its utility beyond the app's internal economy. The ecosystem is designed around the entire travel journey, aiming to instill new user habits in payments, accommodation booking, fund transfers, and asset management.

What makes MAPS unique and valuable?

The primary differentiator for MAPS is its integration with Maps.me, a mobile mapping application that the project positions as a bridge between navigation tools and DeFi services. The project argues that very few apps have a user base as large as theirs, positioning Maps.me to quickly put DeFi financial services in the hands of many users. This distribution advantage is central to the project's value proposition, as it reduces the customer acquisition friction that typically challenges new DeFi platforms.

Another distinguishing feature is the combination of online and offline map functionality with financial services. Users utilize the app throughout their entire travel process, which allows the project to develop a travel- and wallet-oriented ecosystem. The decentralized nature of the offered financial services stands in contrast to centralized alternatives, offering a unique value proposition for users seeking self-custodial financial tools. Additionally, personalized promotions and rewards for token holders are intended to drive adoption, retention, and virality within the community.

What is MAPS used for?

MAPS serves multiple functions within the Maps.me 2.0 ecosystem. Its primary uses include receiving referral commissions, accessing premium services, and participating in governance decisions. The token facilitates payments at local merchants, enhancing its practical utility in everyday transactions.

Within the app, users can employ MAPS-related services to manage payments, book accommodations, transfer funds, and oversee assets. The project envisions the token as part of a broader travel- and wallet-oriented ecosystem, where financial services are embedded into the user journey. Personalized promotions and rewards for token holders are designed to incentivize engagement and community participation. Governance participation gives token holders a voice in the platform's direction, though the specific mechanics of voting and proposal submission are not detailed in the available materials. Overall, MAPS is positioned as both a utility token for accessing services and a governance token for shaping the platform's future.

How Is the MAPS ecosystem developing?

The MAPS ecosystem is centered on the Maps.me 2.0 application, which integrates mapping and DeFi services. The project's development appears to be focused on expanding the range of financial services available within the app, including payments, accommodation booking, fund transfers, and asset management.

Ecosystem tags on CoinMarketCap include Solana Ecosystem, FTX Bankruptcy Estate, and Ethereum Ecosystem, suggesting the project has connections to multiple blockchain environments and has been affected by the FTX bankruptcy proceedings. The project's website references an ecosystem page, and the white paper provides the basic principles and technical framework for systematic study. However, the materials do not provide specific details on recent partnerships, integrations, or development milestones beyond the conceptual framework. The project's ability to convert its large user base into active DeFi participants will be a key factor in its ongoing development.

How to mine MAPS?

MAPS is an ERC-20 token on Ethereum; it is not mined. New tokens enter circulation according to the project's emission schedule, and the registry lists no staking programme.

How to keep your MAPS Coin safe?

Securing MAPS tokens requires standard cryptocurrency safety practices. Since MAPS operates on the Ethereum and Solana ecosystems, users should store their tokens in wallets that support the relevant blockchain standards. Hardware wallets provide an additional layer of security by keeping private keys offline and away from internet-connected devices. For tokens on Ethereum, ERC-20 compatible wallets are appropriate, while Solana-compatible wallets are needed for tokens on that network.

Users should never share their private keys or seed phrases with anyone. Phishing attempts are common in the cryptocurrency space, so verifying URLs and avoiding unsolicited messages is essential. When interacting with DeFi applications, users should confirm the contract addresses and ensure they are using official platforms. The contract address for MAPS on Ethereum is 0x2b915b505c017abb1547aa5ab355fbe69865cc6d, and users should verify the full address through official sources before conducting transactions. Given the token's association with the FTX Bankruptcy Estate, users may also wish to stay informed about any legal or regulatory developments that could affect token accessibility or value. Regular software updates for wallets and devices, along with a cautious approach to new platforms, help mitigate common security risks.