What is Natix Network? Why is NATIX Rallying, Up 205% in 4 Weeks?
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Ben Graham
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Natix Network, a DePIN crypto powering AI-driven geospatial intelligence, is trending. NATIX crypto is up 205% in one month. Here’s what you should know.
Crypto and blockchain solutions aim to decentralize power. Bitcoin revolutionized remittances, Ethereum powers decentralized finance, and DePIN represents the future.
Like Ethereum, Bitcoin, and some of the best cryptos to buy, DePIN platforms such as Natix Network seek to create a robust, decentralized network where individuals contribute resources to build and maintain real-world infrastructure.
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What is Natix Network?
Natix Network leverages AI and blockchain to build a privacy-centric geospatial intelligence network.
Users connect cameras on smartphones, vehicles, and IoT devices, forming a vast network of smart sensors that collect anonymized metadata.
This network powers applications for autonomous driving, smart city infrastructure, and advanced mapping.
The concept is gaining traction, reflected in the performance of NATIX, the native token of Natix Network, which is up 205% in one month, signaling growing investor interest and an expanding community.
Coinciding with this rally, the total value locked (TVL) of the DePIN platform is up 300% during the same period, outperforming some of the best Solana meme coins.
This surge follows the launch of the NATIX Deep Staking Platform in October 2024.
Currently, Natix Network offers a 17.5% APY, with over 2.9 billion of the 99.9 billion NATIX tokens staked.
(Source)
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Why is NATIX Crypto Rallying?
What is driving this growth? Why is NATIX rallying?
The demand for NATIX stems from its Drive& app solution, which enables drivers to earn rewards by collecting geospatial data using smartphone cameras.
Available on Google Play and the App Store, the app allows Natix to gather road attributes like potholes, signage, and other critical data for autonomous driving.
Additionally, the VX360 device, tailored for Tesla vehicles, monetizes 360-degree dashcam footage, meeting the growing demand for real-time data for autonomous driving and mapping.
(Source)
Over 250,000 registered drivers are mapping 170 million kilometers across 171 countries. All data is processed using AI, ensuring privacy by anonymizing details like faces and license plates.
The DePIN platform recently partnered with Bittensor, a decentralized AI protocol, to launch the StreetVision Subnet. Natix Network’s geospatial data will be integrated into Bittensor, creating a real-time model for mapping and autonomous driving.
Those connecting their camera to StreetVision will earn NATIX tokens, while Bittensor miners and validators will receive dTAO. To stabilize the ecosystem, Natix will hold all dTAO emissions for the first three months.
In May 2024, Natix Network also joined forces with Grab, a Southeast Asian superapp. The app will integrate Natix’s AI stack and VX360 devices to enhance its mapping capabilities.
In a press statement, Natix Network said the deal is not just about maps but “the future of mobility and AI-driven infrastructure.”
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Natix Network Trending, Here's Why NATIX Crypto Is Up 205%
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