A crypto company that bills itself as “the future of yachting navigation” says its technology permits sailors to mine tokens as they sail.
BoatPilot offers a free marine navigation service that's geared toward private and industrial yachting markets. The firm describes itself as a blend of Google Maps and TripAdvisor, because it offers up-to-date and relevant data and a comprehensive information of user-generated photos, routes and comments that are verified by the yachting community. augmented reality (AR) support additionally means the information that the skippers would like may be incorporated into their surroundings — eliminating distractions and facultative skippers to focus once sailing in poor visibility or darkness.
The company believes that one amongst the simplest ways to stay marine charts updated is to incentivize sailors to share their geo-data. it's created a module known as BoatGod that may be installed on vessels and capture geo-data — with yachtsmen rewarded in NAVY tokens whenever this precious data is sent to BoatPilot.
Delivering Crucial Information
In its study, BoatPilot claims that private yachtsmen and little charter firms currently represent the most important fleet within the world, however they're being badly underserved by marine navigation systems that were at first designed for business purposes rather than civilian use. the corporate says “adapted” versions of those systems that are created available to the public are typically packed with irrelevant data, a poor user interface, and typically fail to produce crucial details on the closest provision stations, restaurants and marinas.
Boatpilot Is Available Here
Through its crowdsourced approach to geo-data, BoatPilot is planning to guarantee that data on seaports and different known massive objects is frequently updated and relayed to users quickly — serving to to keep yachtsmen and their passengers safe. At present, the corporate claims it will take years for data to be additional, modified or removed from existing systems. Illustrating the matter, its white paper adds, “In the Mediterranean region alone there are dozens of far-famed marinas and lighthouses that aren't enclosed in any of the navigation systems presently offered.”
According to BoatPilot, testing of its product has already shown that its software system “provides additional precise data than different marine navigation systems that are on the marketplace for years” — and in one case, its program was able to deliver details on 100 geo-locations within the Mediterranean that were completely absent from the systems offered by long-standing competitors.
Making Yachting Easier
BoatPilot says that its navigation software system — and also the hardware module capturing geo-data — is complemented by a tool known as Pocket Skipper. Pocket Skipper provides extra services to yachting enthusiasts, enabling them to list their vessels available, explore marina rentals and more.
The company claims over 50,000 users have downloaded the android version of BoatPilot most valuable player (minimum viable product) since the product was free — adding that, throughout a “record-breaking” season in 2017, the software system was trusty by yachtsmen for the navigation of four,700 vessels. Moreover, the team plans to launch the app this spring.
In a recent blog post, BoatPilot said its concept came to life once one among the company’s founders encountered severe weather whereas sailing in darkness. It hopes that its ar functionality can “minimize navigation risks and lift the security of the waterways,” transfer all of the data they have along in one place.
The company raised over $5 million throughout a token generation event. The 2018 sailing season saw the BoatGod hardware module extended to the primary batch of charter yachts, and currently the company’s NAVY token has been listed on 3 crypto exchanges: DDEX, Mercatox and Livecoin.
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