New funds are being allotted for the launch of a multi-currency pockets on Maps.me that can permit for a decentralised finance (DeFi) ecosystem on the app. DeFi goals to develop the platform into an ‘on a regular basis app’.
Your favorite offline maps with thrilling new options on the way in which! pic.twitter.com/GvUIIVvhE1
— MAPS.ME (@MAPS_ME) January 20, 2021
Developed in Belarus and Switzerland, the sooner ‘MapsWithMe’ telephone utility was remodeled into ‘Maps.Me’ after 2014 when the Mail.Ru group acquired it. The app is tailored for IOS and Android with its distinct offline function.
The Coindesk survey means that over 58% of Maps.me customers come from the European continent and greater than 70% are between the age group of 18 and 40.
From offering GPS help to creating the offline search simpler throughout journey, the app has a straightforward to know interface and correct satellite tv for pc data for its journey fanatics the world over.
With 140 million customers worldwide, the offline mapping app, Maps.me strives to create a decentralised finance ecosystem contained in the navigation app.
In a funding spherical led by Alameda Research and joined by new traders, cryptocurrency lender Genesis Capital and crypto firm CMS Holdings, Offline journey app Maps.me raised $50 million.