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The OSMX tokens are the backbone of our
CREATE -> CONSUME -> REWARD
ecosystem, the perfect synergy of
Contributors and Commerce

At the heart of the ground-breaking OSMX Project, we find a powerful force for change: OSMX tokens.
 
These tokens aren’t just digital assets; they’re tools for empowerment, designed to fuel a community-driven revolution in how we collect and utilize map data. Imagine a world where every individual contribution to mapping, from capturing your daily compute to using your GPU to process the ingested data, is not just recognized but rewarded. This is where the magic happens, where your actions directly contribute to your growth and the collective success of the ecosystem.
 
On the flip side, we have enterprises and developers, the visionaries and builders of our digital world, who use this map data to create solutions that make our lives easier and more connected. Every time they tap into this reservoir of shared knowledge, OSMX tokens are consumed, creating a beautiful cycle of renewal that sustains the project’s vitality and ensures its resources are continually replenished.
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 continuous supply and demand, but the maximum that can never exceed the OSM Node count.
 
9.05 Billion Token’s have been minted at the beginning of the project. Additional tokens are 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.

OSMX Token Allocation

The mint of OSMX was 9.05 billion OSMX tokens.
Tokens are initially allocated (%):

Contributors (Locked)40
Presale Liquidity14.5
General Market Liquidity30.5
Dev & Imagery Fund, Founders15

The OSMX token is tied directly to the OpenStreetMap data set

The maximum number of OSMX tokens, is the maximum number of nodes that make up the road networks on the open street map global dataset.

This is currently at 9.05 Billion, and is geospartialy tied to the physical roads in world.

This ensures that the OSMX tokens are sufficient to drive the self-sustainable tokenomics of the project while having a hard capped upper limit to ensure scarcity.

Read White paperOSMX Solana Contract IDOSMX Was first minted on 21/03/2024 Block #25508308
Miner Rewards: 

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.

The Master Plan