Hivemapper Inc, which announced $18 million in fundraising from investors in April, said it has so far sold over 5,500 dashcams across 66 countries.
As drivers record road signs and storefronts, they mint tokens that Hivemapper named Honey.
Hivemapper Chief Executive Ariel Seidman said U.S. regulations limit him from discussing how and when Honey can be spent.
While some investors such as Hivemapper backer Multicoin Capital are bullish on Web3 efforts, skeptics worry about currency speculation and fraud.
Mapmaker HERE, owned in part by German automakers, is evaluating Hivemapper's imagery for potential use, including for up-to-date speed limit data.