NATIX NATIX Network

Use Cases of NATIX Network

NATIX Network offers a variety of use cases that leverage its comprehensive data capabilities and AI technology. Here are some of the key applications:

• Real-Time Traffic Management: NATIX provides real-time data for traffic management, enabling navigation service providers to reroute users around congestion and optimize traffic flow.
• Road Hazard Alerts: The network instantly alerts users about road hazards such as accidents, construction zones, or debris, helping to inform drivers and suggest alternative routes.
• Dynamic Traffic Signs Update: NATIX updates dynamic traffic signs in real time, providing accurate and timely information to drivers about speed limits, lane closures, and other traffic regulations.
• Speed Traps Detection: NATIX identifies speed traps and enforcement zones, allowing navigation service providers to alert drivers and promote safe driving practices.
• Missing Traffic Signs Detection: The network detects missing traffic signs, improving road safety and regulatory compliance by enabling authorities to take immediate action in replacing or repairing them.
• Real-Time Infrastructure Inventory: NATIX maintains a comprehensive real-time inventory of critical infrastructure elements such as traffic signs, traffic lights, and road conditions, aiding in planning maintenance activities and optimizing traffic flow.
• EV Charging Availability: The network provides real-time information about EV charging station availability, charging rates, and optimal charging routes, helping EV drivers plan their charging stops effectively.
• Real-Time Street View Updates: NATIX offers continuous data streams for real-time updates to street views, ensuring that captured data is current and reflects the latest changes in the environment.
• Low-Cost Data Collection: The network leverages smartphone camera networks for data collection, significantly reducing costs associated with traditional methods.
• Smart City Services: NATIX supports various smart city applications, including traffic routing, efficient transportation planning, city zoning management, and real-time crime detection.

Participating in NATIX Network

• Detector Role: Users can participate as detectors by downloading the Drive& app, which turns their smartphone cameras into smart sensors to scan roads and detect valuable events such as road obstacles, surface damage, traffic congestion, or free parking spots.
• Data Consumers: Users can also participate as data consumers, accessing real-time data for various applications such as navigation, traffic management, and smart city services.

Benefits of NATIX Network

• Token Rewards: Users can earn token rewards and in-app currency for mapped geospatial data, participating in monthly contests, completing missions, or inviting friends to the app.
• Improved Road Safety: NATIX helps improve road safety by detecting hazards and providing real-time alerts, contributing to smoother traffic flow and reduced travel times.
• Economic Opportunities: The network offers economic opportunities for users to generate extra income by transforming their journeys into cash, offsetting vehicle fuel and maintenance costs.

Pros of NATIX Network

• Low Initial Market Cap: NATIX Network has a relatively low initial market cap compared to other projects, which can be beneficial for early investors.
• Innovative Technology: NATIX Network uses Artificial Intelligence to make any camera intelligent and 100% privacy compliant, creating a unique and innovative approach to geospatial data collection.
• Crowdsourced Data Economy: The project aims to create a new crowdsourced geospatial data economy based on the “Internet of Cameras,” leveraging the world's 45 billion existing cameras.
• Decentralized Dynamic Map (DDMap): NATIX Network's DDMap provides real-time data to businesses, citizens, and municipalities, offering a wide range of applications such as crowd size monitoring, parking availability, and pothole locations.
• Token Rewards: Users can earn tokens by collecting data while driving using the NATIX Drive& app, creating a “drive to earn” ecosystem.

Cons of NATIX Network

• Private Investors' TGE Unlock: Private investors have a token generation event (TGE) unlock, which can lead to potential market volatility.
• High Concentration of Tokens: 29.9% of tokens are held by private investors, which can impact the token's distribution and market dynamics.
• Complexity: The project's reliance on AI technology and a vast network of cameras can introduce complexity in network management and data processing.
• Dependence on User Participation: The success of NATIX Network heavily depends on user participation and the adoption of the Drive& app, which can be challenging to achieve and maintain.
• Potential Scalability Issues: With a large number of cameras and users involved, there could be potential scalability issues in handling and processing the vast amount of data generated.

Founders of NATIX Network

The founders of NATIX Network include:

• Alireza Ghods, Ph.D.: Co-founder and CEO with over 10 years of experience in IoT, mapping, and autonomous driving. He previously served as IoT Europe lead and blockchain co-lead at PwC.
• Lorenz Muck: Co-founder, CPO, and COO with over 10 years of experience in VR and computer vision product development. He has developed and launched over 20 web, mobile, desktop, and VR apps.
• Omid Mogharian: Co-founder and CTO with over 15 years of software development and architecture experience. He previously served as blockchain co-lead and Disrupt program lead at PwC.

Investors in NATIX Network

NATIX Network is backed by a diverse group of investors, including:

• Major Investors:

  • DCG: A global enterprise that builds, buys, and invests in blockchain companies worldwide, known for backing over 200 companies in 35+ countries.
  • Crypto.com Capital: The venture arm of Crypto.com, a global digital asset exchange with over 100 million users, focusing on crypto and Web3 investments.
  • Velocity Capital: A Web3 venture capital firm that identifies and invests in accelerating humanity's progress through technological and financial innovation.

• Strategic Funding Round Investors:

  • Borderless Capital: A leading name in DePIN project funding, known for raising a $100 million fresh DePIN fund.
  • Tioga Capital: A leading investment management firm focused on blockchain innovation.
  • Other Participants:
    • Inception Capital, IoTeX, FutureMoney Group, Big Brain Holdings, Moonrock Capital, Cogitent Ventures, Vijay Pravin Maharajan, Laser Digital, WAGMI Ventures, James Parillo, Veris Ventures, Room40 Ventures, Paul Taylor, Tomer Warschauer Nuni, iAngels, Crypto Banter, Gracy Chen (Bitget), and others.

• Additional Investors:

  • Blockchange Ventures, XYO, Mysterium Network, CVVC, Mulana, Blockarm Capital, and more.

Halal Status of NATIX Network

Yes, NATIX Network is considered halal. According to the Practical Islamic Finance report, NATIX Network has been categorized as "Comfortable" for halal investment. This indicates that the network's operations and utilities align with Islamic finance principles, making it suitable for halal investment.