Bucharest, Romania, 28 March 2024: Atlas Navi, a trailblazer in AI-powered navigation, has unveiled Drive2Earn 2.0 — enhancing rewards for drivers because it units its sights on overtaking Tesla as a market chief in capturing and analyzing huge portions of information from dashcams.
The app, which has now been downloaded greater than 700,000 occasions worldwide, incentivizes drivers to seize footage by paying out NAVI tokens. The footage is analyzed domestically, on the smartphone or on the devoted Atlas Miner gadget (quickly to be out there worldwide for buy) with proprietary pc imaginative and prescient A.I. algorithms.
The introduction of a brand new NAVI {hardware} gadget known as “Atlas Miner” comes with a number of main adjustments to NAVI’s Drive2Earn mannequin. As soon as linked to any dashcam, the gadget information and analyzes video of the highway forward, detecting issues that affect visitors: variety of vehicles on every lane and their speeds, highway development areas, out there parking areas, police autos, highway closures, potholes and extra. Optionally, as determined by the driving force, it shops the movies within the cloud to assist higher prepare the A.I. algorithms.
At current, taking part drivers can get a reduction of as much as 25% on the price of gas. However the arrival of Drive2Earn 2.0 provides loyal customers the possibility to avoid wasting much more — all whereas serving to others keep away from visitors hotspots and keep protected on the roads.
Newly unveiled and uncommon Enhance NFTs will enable homeowners to obtain 50% extra rewards than earlier than, taking 37.5% off the worth of petrol on the pump. In the meantime, incentives for Apple CarPlay and Android Auto customers are being doubled — pushing their most low cost on gasoline charges to a powerful 75%.
A brand new partnership with OMV / Petrom — the biggest chain of gas stations in Romania with 560 areas — additionally means drivers can trade NAVI tokens for gas vouchers that give cash off when filling up their vehicles. An extra 10% on the quantity they refuel is on supply. Altogether, this might slash 85% from the price of a tank.
George Grama, Atlas Navi’s founder and CEO, stated: “Over 150,000 drivers use our app each day — and we’re decided to place a refund of their pockets. Nations worldwide have seen the price of dwelling surge in recent times — however by downloading Atlas Navi, they’ll put petrol costs in reverse.”
Over 150 million miles have been pushed utilizing Atlas Navi up to now — with a powerful common in-app time of 46 minutes a day.
Main the best way
A lot of main automobile producers collect driving knowledge — however typically, drivers don’t get to profit from its insights… and so they’re not rewarded. Whereas BMW and Mercedes do use cameras to detect potential crashes, this data isn’t uploaded to servers with the intention to prepare AI-powered autonomous driving fashions — and their drivers obtain no reward for producing that knowledge.
NAVI’s consumer base means it’s now the second-largest collector of autonomous driving AI knowledge behind Tesla — and with the arrival of Drive2Earn 2.0, it has the potential to turn out to be the largest by subsequent yr. That is all the way down to the truth that the Atlas Navi app, and its new {hardware} gadget, which is lower than half the scale of a smartphone, can be utilized in any automobile, as an aftermarket add-on. A number of prime automobile manufacturers have already expressed an curiosity in getting access to Atlas Navi’s anonymized knowledge.
Dashcams are a part of a quickly rising market. Figures counsel greater than 22.5 million gadgets have been in operation as of 2022 — and that’s forecast to rise to 78.4 million by 2032. They’ll enable drivers to obtain substantial reductions on their insurance coverage premiums, gather proof within the occasion of an accident, and are more and more being fitted inside autos as normal.
Actual use instances
For finish customers, Atlas Navi’s A.I. navigation app is about rather more than saving them cash — however about saving them treasured time when touring lengthy distances or in congested cities.
Deploying synthetic intelligence unlocks cutting-edge routing — and Atlas Navi analyzes roads 25 occasions per second. Consequently, it generates 100 occasions extra knowledge per mile than different main navigation apps which depend on handbook reporting of visitors points from their drivers, immediately steering customers away from problematic areas.
There’s additionally a plethora of security advantages on supply. By way of Atlas Navi, drivers will have the ability to safely livestream their journey — permitting household and associates to maintain monitor of their progress. Massive teams heading to the identical vacation spot in a number of autos may even have the flexibility to observe one another’s location, tackling a standard ache level.
Atlas Navi saves its customers cash in different methods, too. Drivers can enhance their driving types by means of a Driving Rating, unlocking the potential to safe insurance coverage at extra aggressive charges if the driving behaviour is deemed protected.
In the meantime, the app delivers reminders every time a coverage is due for renewal — in addition to alerts when it’s time for an inspection, or highway tax has expired. This reduces the effort related to sustaining a automobile, all whereas defending the worth of the automobile.
Drivers also can have a little bit enjoyable. Each automobile linked to Atlas Navi is represented within the type of a non-fungible token, full with a good looking 3D illustration.
George Grama, Atlas Navi’s CEO, added: “Atlas Navi has been on an unbelievable journey since we first began constructing our ground-breaking A.I. infrastructure again in 2020. Receiving $1.6 million in funding from the European Union by means of an AI innovation grant was additionally a major milestone for us. Trying forward, we’re decided to combine our expertise straight into automobile manufacturing strains for shopper markets — permitting much more drivers to make use of our transformative product for themselves.”
With Drive2Earn 2.0, Atlas Navi is taking the world’s driving economic system up a gear — and unlocking a strong use case for synthetic intelligence that’ll profit everybody.
About Atlas Navi
Atlas Navi is a navigation app that rewards drivers by means of NAVI tokens in trade for his or her driving knowledge, captured by means of dashcam footage and analyzed with the corporate’s A.I. pc imaginative and prescient algorithms. This knowledge is used to scan the highway forward, detect accidents and reroute customers on to sooner routes by means of AI evaluation in actual time.
For extra data, please, go to:
- Web site: atlasnavi.com
- Twitter: twitter.com/AtlasNavi
- Telegram: t.me/AtlasNaviApp
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