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NATIX Network Enhances Tesla Cameras for Data Collection

NATIX Network Enhances Tesla Cameras for Data Collection

AltcoinbuzzAltcoinbuzz2024/11/27 14:44
By:By Victor -Martin Young -

Modern cars, especially Teslas, are more than just vehicles—they’re advanced computers on wheels.

They have cameras that provide a 360° view, aiding in navigation, safety, and autonomous driving.

However, many of these systems haven’t yet reached their full potential. Let’s discover more about NATIX Network.

VX360: Enhancing Tesla Cameras for Safer, Smarter Driving

Now, a new device called VX360 is taking Tesla’s cameras to the next level. Created by NATIX Network, a decentralized platform for collecting geospatial data, VX360 transforms a Tesla’s camera system into a 360° dashcam that pays drivers for the data it collects.

The device offers more than just footage—it helps improve the safety of autonomous vehicles and opens up new possibilities for mapping, property appraisals, and insurance assessments. VX360 captures real-world driving situations, or “edge cases,” like unexpected weather changes or unusual traffic patterns. This data is invaluable for teaching autonomous vehicle AI how to handle unpredictable scenarios.

The next big thing in DePIN is here!

NATIX 🔌 Tesla

Meet the VX360: a game-changer for the future of mapping and autonomous driving 🚗💡

Access, manage & monetize your Tesla 360° cameras while building a better world 🌍

Phase 1 pre-orders live now! pic.twitter.com/kXSrSK3Gl8

— NATIX Network (@NATIXNetwork) November 26, 2024

Unlike synthetic data generated by simulations, VX360 records actual driving conditions, making the data more useful for training AI systems. Plus, it anonymizes footage right in the car, protecting privacy. Faces and license plates are blurred out while keeping the video intact. This ensures the footage complies with privacy laws and can be safely shared.

More About Natix Network

Tesla owners who share their footage are rewarded with NATIX tokens or incentives like gift cards and discounts on electronics. The device is passive, meaning it won’t interfere with your daily driving and should pay for itself in about nine months. The data recorded is also available to the car’s owner for navigation or insurance claims.

NATIX Network’s unique approach allows it to build a thriving, decentralized ecosystem. The system uses 40% of the revenue from data monetization to buy back and burn tokens, increasing their value over time. Since launching the token in July 2024, over 41 million tokens have been burned, making them even more scarce and valuable.

Meet VX360 by @NATIXNetwork — Solana-native DePIN turning Tesla drives into real-world mapping and testing data for safer autonomous vehicles. pic.twitter.com/uCQjmfEAMR

— Solana (@solana) November 26, 2024

Currently, the system tests in select cities and with a few car brands. NATIX plans to expand as it targets more areas and vehicles in the future.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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