Users of the Drive & Earn app „NATIX“Many users were quite surprised by the changes in their reward balances during the last payout. The value of the rewards had decreased significantly. It seems more than just a handful of users complained, because today the Hamburg-based company sent out a newsletter explaining the change to the rewards.
More focus on VX360
On a positive note, NATIX GmbH is very transparent with its users in its newsletter. They openly and honestly admit that payouts have decreased. This is primarily due to the network size and the monetization of the data. To illustrate this briefly: With NATIX You primarily have an app on your phone and film the road while driving. The app locates traffic conditions, potholes, or construction sites and forwards this data, along with a geotag, to the servers of... NATIX. These data packages are then resold to interested companies (e.g., navigation providers) so they can be integrated into their apps. And for this, the "NATIXIANS" receive a reward in the form of cryptocurrency.
The core product, however, is a small box that can be installed in Teslas: the VX360, which can provide significantly more data than a simple smartphone app. This is because a smartphone only has one camera – a Tesla has cameras everywhere. This higher-quality data makes it possible to... NATIX, to generate more revenue through the data packages.
The Drive App will remain a part of NATIX and continue to generate rewards, although they will not be as high in the future.