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 described as an established consumer mapping application, which the project presents as a distribution advantage. The token itself 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 (contract 0x2b915b505c017abb1547aa5ab355fbe69865cc6d) and also has a Solana-ecosystem presence (token MAPS41MDahZ9QdKXhVa4dWB9RuyfV4XqhyAZ8XcYepb). The token is also tagged under the Ethereum ecosystem and associated with the FTX Bankruptcy Estate on CoinMarketCap. Price and market capitalization fluctuate with the market and are displayed live on the 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
• Solana Token Address: MAPS41MDahZ9QdKXhVa4dWB9RuyfV4XqhyAZ8XcYepb (explorer.solana.com / solscan.io)
• Blockchain / Ecosystem Tags: Solana Ecosystem, FTX Bankruptcy Estate, Ethereum Ecosystem
• Explorer: etherscan.io
• Launch Date: October 11, 2020; CoinMarketCap Listing Date: February 1, 2021
• Official Community: Telegram (t.me/Maps_Official), X/Twitter (@MAPS_ME)
• Circulating Supply: 45,496,728 MAPS
• Total Supply: 9,999,999,996 MAPS (registry lists no maximum supply)

The tokenomics present a notable disparity between circulating and total supply, with only a small fraction of the total supply currently in circulation. Total supply is 9,999,999,996 MAPS, of which 45,496,728 are in circulation; the registry lists no maximum supply cap.

Who created MAPS?

MAPS is issued by the Maps.me project; the registry lists official channels at https://maps.me/token/ and https://t.me/Maps_Official, and does not name individual founders.

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. The token is used to receive referral commissions, access premium services, and participate in governance decisions. The token is described as a utility and governance token 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, an established consumer mapping application. 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 token is described as a utility and governance token used for referral commissions, premium services, and governance participation. 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 is described as a utility and governance token used for referral commissions, premium services, and governance participation. 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 not mined. It is an Ethereum-issued token (contract 0x2b915b505c017abb1547aa5ab355fbe69865cc6d) with a fixed total supply of 9,999,999,996; tokens are obtained by purchase on exchanges rather than through block rewards.

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.