- Quadrant Is Partnering with Polygon to Launch Geolancer
Quadrant, a leading mobile location data and location intelligence company, is partnering with Polygon (previously Matic) to launch its new project, Geolancer.
Geolancer is a platform for gamifying the collection of Point-of-Interest (POI) data. Participating freelancers — Geolancers — can earn Quadrant’s cryptocurrency, eQUAD, by simply mapping POIs (shops, convenience stores, restaurants, and others) in their neighborhood using a dedicated smartphone application.
While eQUAD was originally issued as an ERC-20 token, considering the high gas prices and the scalability issues of the main Ethereum network. Polygon’s commit chain is 100% EVM-compatible, secured by a permissionless set of PoS validators and checkpoints submitted to Ethereum. Quadrant decided to utilize this chain to distribute Geolancer rewards in a fast and efficient manner.
On top of eQUAD rewards, Quadrant will also introduce a brand new, Geohash-based NFT incentive system in the Geolancer app, possible only thanks to Polygon’s scalability. The most active Geolancer in each area can earn the title of Guardian, which, besides bragging rights, also grants them extra rewards.
Geohash is a geocoding system that allows the expression of a location anywhere in the world, and depending on the resolution, a single city can be divided into tens of thousands of Geohashes. Geolancer’s gamification system, therefore, is shaping up to be the industry’s largest NFT project ever created.
“Geolancer is an ambitious and technically complex project. To fix the POI data industry with manual verification, we needed a platform that can handle micropayments and tens of thousands of NFTs reliably and efficiently,” said Mike Davie, founder and CEO of Quadrant. “Polygon was recommended to us by the biggest investors in the blockchain industry and we are excited to partner with them.”
Geolancer is already in production use by a selected group of professional surveyors in Indonesia, and it is scheduled to roll out as a public beta in the next few weeks, starting in Singapore, Indonesia, and Vietnam. People interested in becoming a Geolancer in these countries can join the waiting list at https://geolancer.app, or join Geolancer’s Telegram community.
eQUAD on Polygon is already available on QuickSwap.
Quadrant is a big data and technology company specialising in high-quality mobile location and POI data. It provides verified, trustworthy, and usable location data and location-based solutions, allowing business, organizations and innovators to build tailored solutions for their data requirements. Quadrant’s new product is Geolancer, a proprietary platform for manual collection and verification of Point-of-Interest data.
To learn more, visit https://quadrant.io.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Matic POS, designed for flexibility and independence. Polygon’s scalability solutions have seen widespread adoption with 200+ Dapps, ~20M txns and ~342K unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
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- Date of publication:
- Fri, 04/23/2021 - 05:58
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