Mobile location data protocol Quadrant building new project ‘Geolancer’ on Polygon
Quadrant, a blockchain company specializing in mobile location and POI data, announced it has built its latest project ‘Geolancer’ on Polygon, an Ethereum scaling and infrastructure development platform.
Geolancer is a platform for gamifying the collection of Point-of-Interest (POI) data. Participating freelancers — Geolancers — can earn Quadrant’s token, eQUAD, by simply mapping POIs (shops, convenience stores, restaurants, and others) in their neighborhood using a dedicated smartphone app.
While eQUAD was originally issued as an ERC-20 token, considering the high gas prices and the scalability issues of the main Ethereum network. Polygon’s commit chain is 100% EVM-compatible, secured by a permissionless set of PoS validators and checkpoints submitted to Ethereum. Quadrant decided to utilize this chain to distribute Geolancer rewards in a fast and efficient manner.
On top of eQUAD rewards, Quadrant will introduce a brand new, Geohash-based NFT incentive system in the Geolancer app, possible only thanks to Polygon’s scalability. The most active Geolancer in each area can earn the title of Guardian, which, besides bragging rights, also grants them extra rewards.
Geohash is a geocoding system that allows the expression of a location anywhere in the world, and depending on the resolution, a single city can be divided into tens of thousands of Geohashes.
“Geolancer is an ambitious and technically complex project. To fix the POI data industry with manual verification, we needed a platform that can handle micropayments and tens of thousands of NFTs reliably and efficiently. Polygon was recommended to us by the biggest investors in the blockchain industry and we are excited to partner with them.”
– Mike Davie, Founder, and CEO of Quadrant
Geolancer is already in production use by a selected group of professional surveyors in Indonesia, and it is scheduled to roll out as a public beta in the next few weeks, starting in Singapore, Indonesia, and Vietnam.
eQUAD on Polygon is already available on QuickSwap.