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StreetCred, a New York City-based provider of a platform for mapping technology beneficial for application engineers, brought $1m up in seed financing.
Funding was supported by Bowery Capital and Notation Capital.
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The organization expects to utilize the funds to further expand its operations.
Led by Cassidy Rouse, Diana Shkolnikov, Lily He, Randy Meech. StreetCred, provides an early time mapping information creating open-source programming which influences blockchain innovation. Its token-boosted convention plans to support client remuneration for data creation that gives real-time, open mapping information to organizations, application developers, purchasers who require it.
StreetCred is beginning to test the system out around New York City. The thought is that potential users can download an application and then gather area characteristics and other key information around the city, gaining crypto tokens as they do. (They take photographs to approve their area, and the information is additionally confirmed by different userbase.) Then organizations that need to purchase the information can do as such by buying tokens.
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