Executive Summary
NATIX Network leverages smartphones and their proprietary AI to build a collaborative network for geospatial intelligence. Their “Drive&” app utilizes existing driver assistant apps, like dashcams and navigation, along with smartphone cameras and AI for computer vision. This creates a network that gathers real-time geospatial data and rewards users for their contributions. Boasting over 100,000 registered drivers and amassing over 34 million kilometers of mapped data in just one year, NATIX is rapidly becoming a leading force in the DePIN space, according to a report by Messari.
About The Project
Vision: NATIX Network aims to combine NATIX’s proprietary AI technology with the world’s 45 billion existing cameras (in smartphones, drones, cars, and IP cameras) to create the largest crowd-sourced camera network ever.
Problem: Big tech’s investment in map data has created a chokehold on this vital resource. These “centralized data monopolies” restrict access and control how this information is used, potentially stifling competition and innovation. These obstacles have created various issues preventing the map market from reaching its full potential.
Solution: To solve the privacy issue, NATIX has developed a patent-pending AI technology that is the easiest way to make any camera smart and 100% privacy compliant. The technology was implemented successfully at international organizations such as E.ON, City of the Hague, and Deutsche Telekom.
Features
- NATIX Drive& – Drive& is the flagship product of Natix Network. This innovative driver assistant app uses cutting-edge AI and operates on a decentralized platform. It puts you in control by rewarding you for capturing events on the road, making every drive safer, more interactive, and potentially profitable.
- Smartphone strategy – Forget bulky gadgets and complicated setups! Unlike hardware-based solutions that struggle with supply chain issues, joining NATIX is as easy as downloading an app on your phone.
- Crypto and non-crypto rewards – Drive& offers crypto and non-crypto incentives through the Marketplace, appealing to a broad audience, making it suitable for both crypto and non-crypto-native users.
- Real utility for drivers – Drive& isn’t just about earning rewards. It’s a full-fledged driver assistant app with features like a dashcam, navigation, and even a parking finder, with more on the way! Earnings become a bonus perk for using this convenient and comprehensive tool.
- Patent-pending AI technology of Natix offers a fully privacy-compliant solution and consumes up to 99% less data than similar projects.
Market Analysis
Natix Network can be categorized as a decentralized physical infrastructure (DePin) project. At the moment, the combined market capitalization of all the publicly traded DePin crypto projects is $23.3 billion. By 2028, DePIN’s potential growth is expected to be 20 to 120 times. This gives projects like Natix a huge upside potential for the coming years.
Moreover, With over 7 billion devices worldwide, over 1.5 billion of which come equipped with AI-accelerated chips, powerful processors, and a large array of sensors, smartphones are the perfect candidates for building decentralized physical infrastructure networks (DePIN).
Token
$NATIX is a transferable representation of attributed governance and utility functions specified in the protocol/code of the NATIX Network. $NATIX is a functional multi-utility token that will be used as the medium of exchange between participants on the NATIX Network in a decentralized manner. The goal of introducing $NATIX is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on the NATIX Network.
The total supply of the $NATIX Token is 100 billion. As mentioned in the following emission schedule, these tokens will be released gradually for different allocations.
Traction
In its State of DePin report of 2023, Mesari regarded Natix Network as the 5th fastest-growing DePIN project. In 2024, Natix is growing at a very rapid pace with over 100k registered drivers and over 34 million km covered in only 1 year.
Team
Natix team has a diverse background in blockchain and IoT. The core team members and their Linkedin profiles are available below.
Alireza Ghods – CEO | Ex-PwC: IoT Europe lead and Blockchain co-lead LinkedIn: https://www.linkedin.com/in/ghods-alireza/
Omid Mogharian – CTO | Ex-PwC: Blockchain co-lead, Disrupt program lead LinkedIn: https://www.linkedin.com/in/omidmogharian/
Lorenz Muck – COO/CPO | Prev. Product Lead AIconix LinkedIn: https://www.linkedin.com/in/lorenzmuck/
Where Can You Buy $NATIX?
After a successful Coinlist sale in May 2024, Natix will be listed on the centralized cryptocurrency exchanges on July 2. Listings on Kucoin and Gate.io have already been announced and more are expected to follow.
Conclusion
No matter the industry, market, or sector, real-time actionable geospatial data has become an essential part of our lives and an ingredient to ensure a successful enterprise. The patent-pending AI technology of Natix provide users with a privacy-compliant data-sharing model where they get rewarded via its cutting edge Drive& app.
The rapid traction of Natix Network across the globe indicates a strong interest in its proprietary technology from the people in multiple jurisdictions. If the adoption continues on the same trajectory, Natix could become a leading crypto project in the near future.
Fundamental Score | |||||
Assessment | |||||
Problem | Moderate, somewhat persistent problem | 2 | |||
Solution | Distinct, defensible solution | 3 | |||
Market Size | Large market, significant growth potential | 3 | |||
Competitors | High competition, but room for differentiation | 2 | |||
Unique Value Proposition | Clear differentiation and value for customers | 3 | |||
Current Traction | Early traction, user engagement starting to grow | 2 | |||
Unit Economics | Positive unit economics, with plans for further improvement | 3 | |||
Tokenomics | Solid token strategy, aligns with user incentives | 3 | |||
Product Roadmap | Basic roadmap, lacks detail or innovative features | 2 | |||
Business Model | Business model with some potential, but improvement needed | 2 | |||
Go-to-Market Strategy | Basic GTM strategy, lacks detail or differentiation | 2 | |||
Regulatory Risks | Minimal regulatory risk, strong mitigation and adaptability | 4 | |||
Total | 64.58% |