Tokenomics

The token economics of the OSMX Project is designed to ensure that OSMX will be available to fulfil the demand for map data but relatively scarce with a known maximum.

The maximum number of OSMX tokens that can exist is capped at the number of OpenStreetMap road node data points. This geospatially ties the token supply to the world road network, and as data is captured new tokens are minted. As commercial users access the data, tokens are burned to ensure and continuous supply and demand, but the maximum that can never exceed the OSM Node count.

9.05 Billion Tokens have been minted at the end of each month. As the OSM map data expands, if the number of nodes increases, additional OSMX tokens are minted to synchronise the node count.

Tokens have been initially allocated in the following manner:

• 40% to our incredible contributors who breathe life into the OSMX Project.

• 15% to our visionary investors who fuel our journey with startup capital.

• 15% to our passionate founders, driving innovation every step of the way.

• 20% to our dynamic development fund to pay for the development, testing and technical and operational systems that are necessary to run the OSMX Project

• 10% to our satellite imagery fund, fund to purchase high resolution satellite imagery to add to the OpenStreetMap project.

Miners

As miners mine the mapping data, process it and serve it they are rewarded for their work in a weighted manner;

The data is valued as the OSMX Base Unit 0.01 multiplied by the region weight, the data type and the mining type:

Data Mining:

GPS data for map vector and traffic flow data: x 1 per OpenStreetMap Node ID

Acceptable quality OpenStreetView data: x 10 per OpenStreetMap Node ID

Acceptable quality OpenStreetView360 data x 100 per OpenStreetMap Node ID

Data AI Mining:

Processing OpenStreetView images and AI meta extraction x 10 per OpenStreetMap Node ID

Data Server Mining:

Map vector or traffic tile data x 1 per 1000 tiles served

Search and reverse geocode x 1 per 1000 requests

Telematics services x 1 per 100 requests

Single route optimisation x 1 per 100 requests

Multi-route optimisation and distance matrix x 1 per 10 requests

Perpetual data access reward

OSMX Base Unit 0.01 multiplied by region weight and:

The first user to mine the OpenSteetMap Node ID x 0.1

The user that provided the in-use data for the OpenSteetMap Node ID x 0.2

The user that provided the AI data processing server of the OpenSteetMap Node ID x 0.5

Region Weights based on the commercial value of the data:

• North Atlantic and Central Europe (NACE) x 10

• Southern Europe, Middle East, and Africa (SEMEA) x 5

• Asia Pacific (APC) x 5

• The Commonwealth of Independent States (CIS) x 2

• All Others x 1

This provides a fair and scalable reward scheme and an incentive to map the world first and then continually provide updates.