Launching its public token sale, SeaCoast is a maritime startup using web3 technology to create groundbreaking new methods of exploring the world’s waterways. Starting October 25, the public will have their first chance to buy $COAST tokens at the event.
SeaCoast is building a marine ecosystem based on carefully curated data of waterways and inlets, and the $COAST token will serve as its currency. Explorers can get current and relevant data to improve their experiences at regional hotspots.
For this reason, SeaCoast has created three programs: ShoreView, PortView, and PaperBoat. The combination of the apps allows for novel engagement with coastal resources while simultaneously rewarding human curators for their contributions to the data pool.
Using augmented reality to display both the visible and invisible to the naked eye in real-time, ShoreView is a virtual assistant designed to aid in coastal navigation. PortView is an augmented reality and audio-assisted boat-mooring system. Considering that 70 percent of boating mishaps involving rented vessels happen at the mooring, this feature is the marine equivalent of Google Maps’ “how to get there” option. If Booking.com is to hotels, then PaperBoat is to moorings what Houzz is to apartments.
The $COAST token incentivizes users to collaborate and disseminate coastal knowledge. Earn tokens by contributing geo-referenced content that other users can see in their augmented reality maps. Users can earn tokens and progress through the platform’s levels to unlock various rewards by contributing information about coastal areas. Such perks may include early docking or buoy use, discounts at popular local spots, or exclusive invitations to special events.
