GEODNET's logo

GEODNET

6
SensorPolygonCitiesIndustrialLocation

The mission of GEODNET is to collect rich, up-to-the-moment geospatial information from both the Earth’s surface and its atmosphere. This is made possible through innovative rooftop Space Weather stations. By employing blockchain technology, GEODNET ensures the establishment of a robust and resilient network. This network, in turn, delivers secure and trustworthy geospatial data products. These products find application in crucial sectors of the economy such as Agriculture, Transportation, and Finance. Furthermore, they cater to emerging areas like Autonomy, AR/VR, and the Metaverse.

The GEODNET stations extract satellite navigation observations to create a dataset. Once registered within the network, a capable mining node undergoes identification and evaluation by the system. Rewards are proportionally given to these miners, based on the quality of their data and the uniqueness of the location. These rewards are measured in $GEOD tokens. Each node possesses a blockchain address, thereby becoming a distinct global identifier for each data source node.

Chain
Polygon
Token Price
$0.1444
Total Devices
19,604
X Followers
65,001

GEOD

$0.1444
$-0.002233(-1.551%)
Last 24 hours
Market Cap
$45,826,926
24h Trading Volume
$209,103
Circulating Supply
317,164,483
Fully Diluted Valuation
$140,310,021
DEX Liquidity
-
All Time High
$0.374
GEODNET Live Data

There are currently 19,604 active GEODNET devices. The average device cost is $694.54, and the estimated daily earnings are $5.04.At this rate, the break-even point will be reached in 137.8 days.

Social

Impressions

165,905

Engagement

4,562

Mindshare

0.03%

Chart

Minable Devices

Device Name
Number of On-Chain Devices
Days to Breakeven
Estimated Daily Earnings
Average Device Cost
Device Public Sale
GEODNET - Triple Band-138$5.04$694.54
GEODNET - Dual Band-155$2.57$399.02

Device Map

Number of Devices

19,604

Number of Countries/Regions

136

GEOD Markets

Exchange
Pair
Price
Spread
+2% Depth
-2% Depth
24h Volume
Volume %
Last Updated
Trust Score
MEXC's logo
MEXC
GEOD/USDT$0.14170.28169%$748.725$1,456.722$67,27730.342%
4 hours ago
Raydium (CLMM)'s logo
Raydium (CLMM)
GEOD/SOL$0.14160.605152%$3,257.299$3,247.512$65,88030.726%
4 hours ago
Raydium (CLMM)'s logo
Raydium (CLMM)
GEOD/USDC$0.14150.603879%$3,481.783$3,471.322$21,0529.514%
4 hours ago
Orca's logo
Orca
GEOD/USDC$0.14240.605554%$1,937.09$1,931.27$17,3947.845%
4 hours ago
Quickswap (v3)'s logo
Quickswap (v3)
GEOD/USDT$0.14150.603518%$5,170.281$5,154.746$15,4336.989%
4 hours ago
Gate's logo
Gate
GEOD/USDT$0.14310.017047%$1,541.361$2,176.514$12,7365.716%
4 hours ago
Uniswap V3 (Polygon)'s logo
Uniswap V3 (Polygon)
GEOD/USDC.E$0.14050.609227%$933.25$930.446$4,0561.841%
4 hours ago
Uniswap V3 (Polygon)'s logo
Uniswap V3 (Polygon)
GEOD/USDT$0.14050.603933%$3,590.625$3,579.836$2,9571.341%
4 hours ago
CoinEx's logo
CoinEx
GEOD/USDT$0.14201.041243%$22.22$94.687$2,6021.170%
4 hours ago
Uniswap V3 (Polygon)'s logo
Uniswap V3 (Polygon)
GEOD/WMATIC$0.14010.629347%$293.56$292.678$2,2271.034%
4 hours ago

Team

avatar
Yudan Yi
Co-Founder
avatar
Xiaohu Chen
Head of WEB3 Development
avatar
Mike Horton
Project Creator

Fundraising

Round
Amount
Valuation
Date
Investors
Strategic$2,000,000-
Apr 16, 2024
avataravataravataravatar
Undisclosed$3,500,000-
Feb 27, 2024
avataravataravataravataravataravataravataravatar
Private Token Sale$1,500,000-
Jul 6, 2023
avataravatar

Learn More

GEODNET currently has 317,164,483 coins in circulation.

The market cap of GEOD is $45,826,926.

The highest price paid for GEOD is $0.3743, which was recorded on Jan 25, 2025.

The trading volume of GEOD is $209,103 in the last 24 hours.

The price of GEOD today is $0.1444.

GEODNET News

View more
GEODNET Reports Strong Q2 2025 Growth and Strategic Expansions cover
24 days ago
GEODNET Reports Strong Q2 2025 Growth and Strategic Expansions
In Q2 2025, GEODNET reported a remarkable 19% quarter-over-quarter revenue increase, rising from $812,000 to over $963,000, driven by the global expansion of its Real-Time Kinematics (RTK) station network. With annualized revenue approaching $3 million, GEODNET stands out in the Decentralized Physical Infrastructure Network (DePIN) sector, surpassing many of its competitors. The network now boasts over 19,000 active Satellite Miners across 145 countries, solidifying its position as the largest RTK network globally. Notably, GEOD token burns reached an all-time high of 3.8 million in Q2 2025, reflecting a 67% increase from the previous quarter, which further supports the network's long-term sustainability and value capture initiatives. GEODNET operates on a decentralized model where individual operators set up RTK Base Stations, known as Satellite Miners, that capture satellite signals and provide real-time correction data with centimeter-level accuracy. The network's growth is attributed to strategic partnerships with companies like DroneDeploy and Quectel, enhancing its service offerings in enterprise drone mapping and IoT solutions. Additionally, GEODNET has implemented a 50% reduction in daily token commissions to mitigate inflation and support its contributors. The network's performance-based incentives introduced under the GIP-6 governance proposal are designed to improve data reliability while maintaining token supply discipline. Looking ahead, GEODNET is poised for further expansion and technological advancements. Plans include integrating Low Earth Orbit (LEO) satellite tracking to enhance GNSS reliability, fusing RTK data with Inertial Measurement Units (IMUs) and LiDAR for precise positioning in challenging environments, and developing a custom RISC-V-based robotics chip for real-time sensor fusion. These initiatives will not only strengthen GEODNET's infrastructure but also position it as a leader in precision geolocation and decentralized systems for autonomous applications, ensuring continued growth and innovation in the coming years.
The Need for Regulatory Clarity in Decentralized Physical Infrastructure Networks cover
a month ago
The Need for Regulatory Clarity in Decentralized Physical Infrastructure Networks
The recent passage of the GENIUS Act marks a significant milestone in the regulation of cryptocurrency in the United States, particularly focusing on stablecoins. This legislation establishes essential reserve rules, audits, and authorized issuers, setting a precedent for future regulatory frameworks. However, as the crypto landscape evolves, lawmakers must not stop here, especially with the burgeoning sector of decentralized physical infrastructure networks (DePINs) still lacking a legal framework. DePINs are not merely speculative ventures; they involve the construction of real-world infrastructure through community-owned hardware, enabling users to earn token rewards by contributing resources like antennas and sensors. DePIN projects are already operational and scaling rapidly, generating impressive revenues. For instance, projects like Glow have exceeded $15 million in revenue, while Geodnet reports over $1 million in annual recurring revenue. Collectively, DePIN protocols are generating over $250 million in revenue, demonstrating their viability and value to users. However, unlike stablecoins, which now operate under defined federal rules, DePIN projects find themselves in a regulatory gray area. This lack of clarity exposes users, developers, and investors to potential risks, as existing laws do not adequately address the unique characteristics of DePINs, which rely on real-world data and infrastructure. To foster the growth of DePINs, a tailored regulatory framework is essential. The GENIUS Act has shown that crypto regulation can support innovation without being restrictive. DePINs, existing at the intersection of hardware, software, and services, require specific definitions and standards regarding data ownership, privacy, and governance. Clear guidelines will not only build trust among users but also encourage investment and community participation. As DePIN continues to grow, it is crucial for Congress and regulators to recognize its potential to enhance infrastructure in underserved areas and to create a policy framework that prioritizes transparency, innovation, and user protection. The time for DePIN to be included in the regulatory conversation is now.
Exclusive Interview with Raullen Chai, Co-Founder and CEO of IoTeX cover
2 months ago
Exclusive Interview with Raullen Chai, Co-Founder and CEO of IoTeX
Exclusive Interview with Raullen Chai, Co-Founder and CEO of IoTeX Raullen Chai, a Ph.D. in cryptography from the University of Waterloo and with prior engineering roles at Google, Uber, and Oracle, leads IoTeX. He envisions DePIN—decentralized physical infrastructure networks—connecting IoT devices and blockchain to empower users with data ownership. IoTeX 2.0 aims to cater to developers, enterprises, and consumers, bridging the gap with modular tools like W3bstream and token primitives. Raullen discusses IoTeX's goal of onboarding 100 million devices in the next 3–5 years. The strategy involves partnerships with hardware manufacturers, community-led DePINs like DIMO and GEODNET, and empowering grassroots adoption. By expanding developer onboarding and scaling middleware, IoTeX plans to achieve this ambitious target. Raullen highlights the importance of the 'Identity' layer in the DePIN reference architecture. He emphasizes the need for secure and interoperable machine identities to establish trust in decentralized physical systems. IoTeX's ioID provides devices with programmable identities, revolutionizing trust in DePINs. W3bstream, a specialized solution for DePINs, focuses on verifiable real-world data ingestion. Unlike general-purpose off-chain compute solutions, W3bstream is tailored for handling physical-world inputs like sensor data and geolocation, bridging the gap between the physical and digital realms. With ioID's NFT-bound smart contract wallets for machines, IoTeX addresses lifecycle events like hardware replacement and identity migration. By combining secure hardware enclaves and on-chain NFTs, IoTeX ensures auditable continuity and composable trust in device identities.
IoTeX: Transforming Everyday Machines into Income-Generating Assets cover
3 months ago
IoTeX: Transforming Everyday Machines into Income-Generating Assets
IoTeX is revolutionizing the way everyday machines, such as solar panels and GPS trackers, can generate passive income by turning them into valuable assets. Co-founder Jing Sun emphasizes that their platform is at the forefront of a new machine economy, where real-world devices connect to Decentralized Physical Infrastructure Networks (DePINs) to yield real financial returns. The vision for IoTeX was inspired by the Ethereum whitepaper, leading to the creation of a Layer 1 blockchain that links device data with AI models and traditional businesses. This innovative approach allows communities to contribute data from devices and earn rewards from AI firms, effectively merging the physical and digital worlds. The concept of DePIN, which stands for Decentralized Physical Infrastructure Networks, is emerging as a promising real-world application of cryptocurrency. Sun describes it as "MachineFi," which refers to the financialization of machine data and resources. DePIN projects aim to crowdsource infrastructure that has traditionally been managed by governments or large corporations, providing coverage to underserved regions. Existing projects on IoTeX, such as GEODNET for GPS, Glow for solar energy, and Wingbits for flight tracking, are already operational and generating revenue, demonstrating the societal benefits of this model. IoTeX's machine economy is accessible to everyone, allowing individuals to purchase and operate devices that collect data and sell it to networks in exchange for tokens. This model offers a form of basic income, empowering users to become operators of a diverse machine network. Traditional investors are also taking note, as DePIN's clear business model and revenue structures make it an attractive opportunity. With over 100 DePIN projects and a total locked value of $2.7 billion, IoTeX is poised to attract traditional investment into the crypto space. Looking ahead, the company aims to support the next generation of AI agents and smart devices, positioning itself as a leader in the integration of blockchain technology with everyday machines.
GEODNET Testifies Before Congress on Decentralized Infrastructure cover
4 months ago
GEODNET Testifies Before Congress on Decentralized Infrastructure
On April 10, 2025, Mike Horton, the project creator of GEODNET, delivered a significant testimony before the U.S. Congress, representing both GEODNET and the broader Decentralized Physical Infrastructure Networks (DePIN) ecosystem. His presentation highlighted the transformative potential of blockchain-powered DePINs, which are already making strides in providing scalable and cost-effective infrastructure solutions across critical sectors such as internet connectivity, precision navigation, and renewable energy. This testimony marks a pivotal moment in the recognition of decentralized technologies by U.S. policymakers. The growing acknowledgment from government officials underscores the increasing importance of decentralized technologies in addressing infrastructure challenges. Horton’s testimony not only showcased the achievements of GEODNET but also emphasized the broader implications for the DePIN ecosystem. The ability of these networks to deliver essential services efficiently and sustainably is a testament to the innovative capabilities of blockchain technology, which is gaining traction in various sectors. This event serves as a proud milestone for those involved in the development of decentralized infrastructure. It acts as a powerful motivator for stakeholders committed to building the future of infrastructure through decentralized solutions. As the momentum behind these technologies continues to build, it is clear that the integration of blockchain into physical infrastructure is set to play a crucial role in shaping a more connected and sustainable future.
DroneDeploy Partners with GEODNET for Enhanced RTK Network Access cover
4 months ago
DroneDeploy Partners with GEODNET for Enhanced RTK Network Access
DroneDeploy, a leading company in aerial and ground reality capture, has announced a strategic partnership with the GEODNET Foundation, which operates a global real-time kinematics (RTK) network. This collaboration will provide DroneDeploy customers with access to all 10,000 registered stations within the GEODNET network. This access is particularly beneficial for precise drone surveying, underground utility documentation, and applications in construction, mining, energy, and utilities sectors. Furthermore, DroneDeploy plans to collaborate with its customers to establish GEODNET stations in regions that currently lack coverage, enhancing the network's reach and utility. James Pipe, Chief Product Officer at DroneDeploy, emphasized the importance of this partnership, stating that while today's affordable enterprise drones are capable of sophisticated RTK and PPP survey-grade workflows, the high cost of accessing RTK base-station data has been a significant barrier. The integration with GEODNET aims to eliminate this hurdle, allowing users to fully leverage the advanced capabilities of their drones. The partnership is expected to enhance operational efficiency and accuracy in various applications, making it a significant step forward for both companies. The GEODNET Foundation operates using decentralized physical infrastructure networks (DePIN) principles, which allows for a low-data rate network connection. This technology enables a remarkable 100-times improvement in positioning accuracy compared to traditional standalone GPS systems. Mike Horton, Project Creator at GEODNET, expressed pride in being selected by DroneDeploy for this integration, highlighting the potential for improved workflows and enhanced data accuracy in the industry. This partnership marks a significant advancement in the use of drone technology and RTK networks, paving the way for more precise and efficient operations in various sectors.
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