Autonomous vehicles, augmented reality, and advanced mapping applications all demand accurate, real-time data to function effectively. Yet, this data is often siloed within centralized organizations, outdated, or prohibitively expensive to obtain.
ROVR bridges the gap between the growing demand for high-precision data and the inefficiencies of current systems. In this guide, we will discuss how ROVR works and how you can be a part of it.
What Is ROVR?
ROVR is a decentralized network that collects, shares, and uses ultra-precise spatial data. It’s the backbone for self-driving cars, virtual reality, and smart city infrastructure. Think of it as a new way to build maps and share real-world data, but everyone can contribute and benefit instead of one company owning it.
Traditional maps just don’t cut it anymore, especially for self-driving cars. They need super-precise info to know exactly where everything is. ROVR solves that using high-tech tools like Real-time Kinematic GPS and LiDAR, which give them super accurate data—perfect for autonomous driving and other similar applications.
The data is shared across the network for everyone to use. ROVR provides real-time precision for self-driving cars or VR games. It’s efficient and scalable and puts the power back in the hands of the community.
How Does It Work?
ROVR creates and shares precise spatial data through a decentralized network. It starts with high-tech hardware like LiDAR sensors, advanced GPS systems, and other onboard tools.
These tools gather a lot of tiny details—like where everything is down to a couple of centimeters. Once it’s collected, the data is shared with the network so everyone can use it.
What makes it special is that ROVR doesn’t rely on one big company to control everything. Instead, anyone can join the network.
You can contribute data if you’ve got the right equipment, like a specialized device in your car or a drone. It’s an open system, meaning developers, data collectors, and hardware creators can all work together. For every contribution, participants get rewarded with tokens.
ROVR also takes privacy seriously. The data is stripped of personal information. For example, if it detects a pedestrian, it will just say, “Moving object, speed three mph,” without sharing anything personal.
How to Participate in ROVR Network
Whether you’re into tech or just curious about earning rewards, there’s something for everyone in the ROVR network. Let’s break it down.
Using Your Smartphone with the TarantulaX Mini
The TarantulaX Mini is a small Bluetooth gadget you connect to your smartphone. It works with your phone’s camera to collect data from the world around you, such as road images or nearby objects.
Then, it processes and uploads that data to the network. For doing this, you earn ROVR tokens as a reward.
Most newer smartphones can handle this, but it depends on your phone’s camera and processing power. If you’re not sure, ROVR provides guidelines for checking if your phone is up to the task.
Using Lightcone Max for Advanced Data Collection
If you’re looking to get serious, the Lightcone Max is the way to go. This pro-level device has high-tech features like multi-channel LiDAR and precise navigation systems. It collects detailed 3D data and uploads it to the ROVR network automatically.
You’ll need to connect the Lightcone Max to your phone, but the phone is just a controller—it doesn’t need to do the heavy lifting. This setup is perfect for anyone wanting to contribute high-quality data and earn more rewards.
Running an R-Node and Staking ROVR Tokens
R-Nodes are essential to the ROVR network, serving as the main hubs for storing and processing collected data. You’ll need specific hardware and software that meet the network’s requirements to set up an R-Node.
This includes reliable internet connectivity and processing power to handle the workload. You’ll also need to stake ROVR tokens to activate your node and earn rewards.
A Few Things to Keep in Mind
No matter how you participate, there are some rules. For example, if you’re collecting data while moving, your speed must stay between 15 km/h and 140 km/h.
Also, the quality of the data you collect matters—clear road and environment details are key. Early on, ROVR will manually review data quality, but they’re working on automating this process with AI.
Applications of ROVR
Let’s discuss some important applications of ROVR.
- Self-Driving Cars: ROVR provides the super-accurate 3D maps that self-driving cars need to navigate safely.
- Augmented and Virtual Reality: ROVR supplies detailed 3D data that lets developers create virtual worlds that match the real ones.
- Smart Cities: ROVR helps build smart cities by collecting data that city planners and engineers can use to make everything run more efficiently.
- AI Training: ROVR feeds AI with high-quality spatial data to get smarter. This helps with everything from robotics to medical imaging.
- Delivery Drones: Drones delivering packages need precise navigation to avoid crashing or getting lost. With ROVR’s detailed maps and real-time data, they can fly with pinpoint accuracy, making deliveries safer and faster.
- Gaming and Entertainment: ROVR’s data allows game developers to create more realistic and dynamic maps and environments.
ROVR Tokenomics
ROVR’s tokenomics revolve around $ROVR tokens, the network's core currency. These tokens fuel transactions, incentivize participation and ensure the smooth operation of the decentralized ecosystem.
Before the mainnet launch, ROVR will introduce a points system that can later be exchanged for tokens. These points will be converted into $ROVR tokens during the token generation event (TGE), ideally at a 1:1 ratio. However, the final exchange rate may depend on user growth and market conditions.
The total supply of $ROVR tokens is capped at 10 billion.
$ROVR Token Distribution
ROVR’s token distribution is carefully planned to reward contributors, fund development, and grow the ecosystem. Here’s the breakdown:
- Community Contributors: Half of the total supply, or 5 billion tokens, is allocated to community members who actively contribute to the network. This includes individuals who collect data, participate in the ecosystem, or support the network’s growth. The focus is on rewarding participation and ensuring long-term engagement.
- Teams: A significant portion, or 2 billion tokens, is reserved for early investors, founders, and core contributors. This allocation recognizes the team’s efforts in building and scaling the ROVR network.
- Investors / Public Sale: 1.4 billion tokens have been allocated to public and private investors, creating opportunities for external funding and ensuring the project has enough backing to reach its goals.
- Marketing, Operations, Liquidity, and Advisors: To support outreach, partnerships, and ongoing development, 1 billion tokens are set aside for marketing, operational expenses, and strategic advisors. This allocation helps ROVR expand its reach and maintain liquidity in the market.
- Foundation / Ecosystem: The foundation and ecosystem growth initiatives receive 400 million tokens to drive innovation and fund critical projects within the ROVR network.
- Airdrops: A smaller allocation of 200 million tokens is reserved for airdrops. These tokens reward early adopters and contributors, boosting engagement and community trust.
Token Lock-Up for Teams and Investors
ROVR ensures fairness and stability through a structured lock-up period for team members and investors:
- Seed Round Investors: Tokens have a 6-month cliff after the token generation event (TGE). The remaining tokens unlock evenly over the following 23 months.
- Other Investors: Tokens have a 12-month cliff after the TGE, with the rest unlocking over 23 months.
- Team Members: 5% of their tokens are immediately released after the TGE. The rest follow a 12-month cliff and are unlocked evenly over 35 months.
Get Started With ROVR
ROVR is hot right now, and these miners are flying off the shelves. If you want to get in early and earn rewards, now’s your chance. Don’t wait until they’re all gone.
Grab your ROVR miner, be one of the first, and start stacking those rewards.