NeoTech, a leader in AI 3D mapping and real asset tokenization, reported over $1 million in revenue in Q1 2024. This reflects a growing interest in decentralized solutions and AI-based services, which may lead to significant growth in the coming years.
Diversified Revenue Streams
NeoTech’s revenue model is built on multiple streams, ensuring long-term sustainability and adaptation across various industries. Its 3D Mapping as a Service (MaaS) provides businesses and developers with digital twins with 2cm precision, facilitating virtual asset ownership and infrastructure planning. Real asset tokenization allows land and real estate to become tradable blockchain assets, generating revenue through minting and transaction fees.
Revenue Reinvestment and Ecosystem Growth
NeoTech actively reinvests in its ecosystem by directing 10% of all revenue towards key initiatives that promote platform growth. Funds are allocated towards token buybacks and burns to enhance value, as well as rewards and cashback programs, encouraging user participation and engagement. Continuous reinvestment in infrastructure ensures the company maintains its technological leadership.
Success in Web2 and Path to Web3
NeoTech is expanding into Web3 after establishing itself as a multi-million dollar business in Romania. The team spent years collaborating with municipalities and smart city developers, providing AI solutions that optimize urban planning and infrastructure development. Unlike many Web3 startups, NeoTech enters the market with a proven model, solid revenue streams, and strong governmental ties.
NeoTech’s financial performance underscores the growing importance of AI mapping in sectors like real estate and infrastructure. The company strives for innovations in mapping and trading tokenized real-world assets.
