Geodnet
GEOD
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Geodnet Info
Geodnet Team
Geodnet Intro
What is GEODNET
GEODNET is an acronym for Global Earth Observation Decentralized Network, and the project is run by experienced individuals in the GPS industry. It is a Web3.0 blockchain-based highly-reliable RTK (Real-Time Kinematics) Network using #DePIN (Decentralized Physical Infrastructure Network) principles. You can think of it as an advanced network combining blockchain and RTK technologies to provide precise real-time positioning data.
A permanent GNSS reference station on the GEODNET network is called a Base Station (also known as Satellite Miner). The long-term goal of the GEODNET Project is to fully cover the land surface of the Earth with 100,000 evenly placed Base Stations, which will form a network approximately twenty times larger than any existing Continuously Operated Reference Station (“CORS”) network.
Why GEODNET is Game Changing
Traditional GPS positioning often relies on signals from satellites positioned over 10,000 miles away. While this method is remarkably effective, it can sometimes result in location estimations with a margin of error spanning from a few to several dozen meters.
To address this challenge, GEODNET introduces the concept of a reference station network. These Base Stations, installed on rooftops globally, serve as nodes in the network. Through a process known as "correction streaming," the reference station network disseminates real-time correction data to nearby devices subscribed to our service. As a result, devices within approximately 20 kilometers of a reference station can achieve instant centimeter-level accuracy in positioning, akin to Real-Time Kinematic (RTK) technology but without the associated costs. In return for providing these crucial reference points, participants receive GEOD tokens as rewards.
The implications of this enhanced accuracy are profound. From smartphones navigating urban landscapes to autonomous vehicles traversing highways, high-precision location data enables increased automation and efficiency across diverse industries such as agriculture, construction, and transportation. Moreover, consumer-facing applications stand to benefit from more reliable and convenient mapping services too.
By leveraging token incentives, GEODNET encourages individuals worldwide to participate in our ambitious mission.
Geodnet Unlock & AllocationReport a Data Error
Geodnet Token allocation
Q&A about Geodnet Tokenomics
Explore the tokenomics of Geodnet and review the project details below.
The total supply of GEOD token is 1 billion. Each wallet will adhere to its own unlocking schedule. Mined tokens will be unlocked and distributed to each miner daily. However, allocations to the team, investors, and ecosystem will undergo a multi-year unlocking process.
What is the allocation for Geodnet?
Below is the list of token address for each allocation:
Mining: 0xfa5fEd5cc2b6DD8F370651D17242C52Ed711B14F
Mining distribution wallet: 0x8FB9dd00B9a3D893dA96d444817d0b77330d5478
Ecosystem: 0x3A6906E4239F9860C81035c54198Df58D892653b
Team: 0xca3E874Bc4e830796d822F529C29Df30302324b2
Investor: 0x486559899e96981DFE55C4E6EBF5101A76BfAdfa
Vendor/Marketing: 0x82146cf0f350c241757660fd803c73313b06d75c
Public sale: 0xcEcccB3ee2C208Fb58A5a02499E97D4BF041Ff6f
What is the supply schedule for Geodnet?
GEOD tokens are earned via mining. Base rewards halve annually on June 30th, so early participation will have greater rewards.
Base reward
The base reward is calculated based on the Base Station's effective online time. GEOD token is rewarded on a fixed rate starting at an initial 2 GEOD/hour. The base reward will be on a yearly halving process:
Before July 2024, miners can receive up to 48 GEOD tokens/day for triple-band Base Stations with 2x multiplier incentive (24 GEOD tokens/day for dual-band Base Stations).
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What is GEODNET
GEODNET is an acronym for Global Earth Observation Decentralized Network, and the project is run by experienced individuals in the GPS industry. It is a Web3.0 blockchain-based highly-reliable RTK (Real-Time Kinematics) Network using #DePIN (Decentralized Physical Infrastructure Network) principles. You can think of it as an advanced network combining blockchain and RTK technologies to provide precise real-time positioning data.
A permanent GNSS reference station on the GEODNET network is called a Base Station (also known as Satellite Miner). The long-term goal of the GEODNET Project is to fully cover the land surface of the Earth with 100,000 evenly placed Base Stations, which will form a network approximately twenty times larger than any existing Continuously Operated Reference Station (“CORS”) network.
Why GEODNET is Game Changing
Traditional GPS positioning often relies on signals from satellites positioned over 10,000 miles away. While this method is remarkably effective, it can sometimes result in location estimations with a margin of error spanning from a few to several dozen meters.
To address this challenge, GEODNET introduces the concept of a reference station network. These Base Stations, installed on rooftops globally, serve as nodes in the network. Through a process known as "correction streaming," the reference station network disseminates real-time correction data to nearby devices subscribed to our service. As a result, devices within approximately 20 kilometers of a reference station can achieve instant centimeter-level accuracy in positioning, akin to Real-Time Kinematic (RTK) technology but without the associated costs. In return for providing these crucial reference points, participants receive GEOD tokens as rewards.
The implications of this enhanced accuracy are profound. From smartphones navigating urban landscapes to autonomous vehicles traversing highways, high-precision location data enables increased automation and efficiency across diverse industries such as agriculture, construction, and transportation. Moreover, consumer-facing applications stand to benefit from more reliable and convenient mapping services too.
By leveraging token incentives, GEODNET encourages individuals worldwide to participate in our ambitious mission.