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Atlas Navi’s Drive2Earn 2.0 boosts petrol discounts amidst market competition

Press Releases
Atlas Navi’s Drive2Earn 2.0 boosts petrol discounts amidst market competition

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Atlas Navi introduces Drive2Earn 2.0, offering enhanced petrol discounts via NAVI tokens, amidst growing market competition and regulatory scrutiny.

Atlas Navi, a trailblazer in AI-powered navigation, has unveiled Drive2Earn 2.0 — enhancing rewards for drivers as it sets its sights on overtaking Tesla as a market leader in capturing and analyzing vast quantities of data from dashcams.

The app, which has now been downloaded more than 700,000 times worldwide, incentivizes drivers to capture footage by paying out NAVI tokens.

The footage is analyzed locally, on the smartphone, or the dedicated Atlas Miner device (soon available worldwide for purchase) with proprietary computer vision A.I. algorithms.

Atlas Navi's Drive2Earn 2.0 boosts petrol discounts amidst market competition - 1

Introducing a new NAVI hardware device called “Atlas Miner” will result in several major changes to NAVI’s Drive2Earn model.

Once connected to any dashcam, the device records and analyzes video of the road ahead, detecting things that influence traffic: the number of cars on each lane and their speeds, road construction areas, available parking spaces, police vehicles, road closures, potholes, and more.

Optionally, the driver decides to store the videos in the cloud to help better train the AI algorithms. 

At present, participating drivers can get a discount of up to 25% on the cost of fuel. However, the arrival of Drive2Earn 2.0 allows loyal users to save even more while helping others avoid traffic hotspots and stay safe on the roads.

Newly unveiled and rare Boost NFTs will allow owners to receive 50% more rewards, taking 37.5% off the petrol price at the pump. Meanwhile, incentives for Apple CarPlay and Android Auto users are being doubled — pushing their maximum discount on gas fees to an impressive 75%.

A new partnership with OMV / Petrom — the largest chain of fuel stations in Romania with 560 locations — also means drivers can exchange NAVI tokens for fuel vouchers that give money off when filling up their cars. An additional 10% on the amount they refuel is on offer. Altogether, this could slash 85% of the cost of a tank.

George Grama, Atlas Navi’s founder and CEO, said: “Over 150,000 drivers use our app every day, and we’re determined to put money back in their pockets. Countries worldwide have seen the cost of living surge in recent years, but by downloading Atlas Navi, they can reverse petrol prices.”

Over 150 million miles have been driven using Atlas Navi so far — with an impressive average in-app time of 46 minutes a day.

Leading the way

A number of major car manufacturers gather driving data, but often, drivers don’t benefit from its insights. However, they’re not rewarded.

While BMW and Mercedes do use cameras to detect potential crashes, this information isn’t uploaded to servers to train AI-powered autonomous driving models, and their drivers receive no reward for generating that data.

NAVI’s user base means it is now the second-largest collector of autonomous driving AI data behind Tesla — and with the arrival of Drive2Earn 2.0, it has the potential to become the biggest by next year.

This is down to the fact that the Atlas Navi app, and its new hardware device, which is less than half the size of a smartphone, can be used in any vehicle, as an aftermarket add-on.

Several top car brands have already expressed an interest in gaining access to Atlas Navi’s anonymized data.
Dashcams are part of a rapidly growing market.

Figures suggest more than 22.5 million devices were in operation as of 2022, and that’s forecast to rise to 78.4 million by 2032.

They can allow drivers to receive substantial discounts on their insurance premiums, collect evidence in the event of an accident, and are increasingly being fitted within vehicles as standard.

Real use cases

For end users, Atlas Navi’s A.I. navigation app is about much more than saving them money—it is about saving them time when traveling long distances or in congested cities.

Deploying artificial intelligence unlocks cutting-edge routing, Atlas Navi analyzes roads 25 times per second. As a result, it generates 100 times more data per mile than other major navigation apps, which rely on drivers’ manual reporting of traffic issues, instantly steering users away from problematic areas.

There’s also a plethora of safety benefits on offer. Through Atlas Navi, drivers can safely livestream their trip — allowing family and friends to keep track of their progress.

Large groups heading to the same destination in multiple vehicles will also be able to monitor each other’s location, tackling a common pain point.

Drivers can improve their driving styles through a Driving Score, unlocking the potential to secure insurance at more competitive rates if the driving behavior is safe. 

Meanwhile, the app delivers reminders whenever a policy is due for renewal and alerts when it’s time for an inspection or road tax has expired. This reduces the hassle associated with maintaining a vehicle while protecting its value.

Every vehicle linked to Atlas Navi is represented as a non-fungible token, complete with a beautiful 3D illustration.

George Grama, Atlas Navi’s CEO, added: “Atlas Navi has been on an incredible journey since we first started building our ground-breaking A.I. infrastructure back in 2020. Receiving $1.6 million in funding from the European Union through an AI innovation grant was also a significant milestone for us. Looking ahead, we’re determined to integrate our technology directly into vehicle production lines for consumer markets — allowing even more drivers to use our transformative product for themselves.”

About Atlas Navi

Atlas Navi is a navigation app that rewards drivers through NAVI tokens in exchange for their driving data, captured through dashcam footage and analyzed with the company’s A.I. computer vision algorithms. This data is used to scan the road ahead, detect accidents and reroute users on to faster routes through AI analysis in real time.

For more information, please, visit:

Website: atlasnavi.com  

Twitter: twitter.com/AtlasNavi   

Telegram: t.me/AtlasNaviApp 

Media contact:
[email protected]

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.