{"id":"geodnet","title":"GEODNET","content":"**GEODNET** is a decentralized infrastructure project focused on providing high-precision geospatial positioning services through a network of global navigation satellite system (GNSS) reference stations. As a blockchain-based initiative, GEODNET leverages a [decentralized physical infrastructure network (DePIN)](https://iq.wiki/wiki/depin) model, incentivizing participants to operate satellite base stations through the distribution of its native utility token, $GEOD. [\\[1\\]](#cite-id-BWy0N4YfGtpJnk5U) [\\[2\\]](#cite-id-AhIaaI3yNizgTjzv)​\n\n[YOUTUBE@VID](https://youtube.com/watch?v=VIdfxdj1KUY)\n\n## Overview\n\nLaunched around 2021 by founder Mike Horton, the project aims to enhance location accuracy to centimeter-level precision, significantly improving upon traditional GPS services that offer accuracy within a few meters. GEODNET was conceived to address limitations in existing GNSS networks and to create a more accessible and precise global positioning network. Traditional systems like CORS (Continuously Operated Reference Stations) provide regional coverage and rely on centralized infrastructures often limited to developed regions. [\\[2\\]](#cite-id-AhIaaI3yNizgTjzv) GEODNET was formally initiated around 2021 by Mike Horton, who brought significant experience from the navigation industry, including roles at Crossbow Technology and Anello Photonics. [\\[1\\]](#cite-id-BWy0N4YfGtpJnk5U)​\n\nSince its establishment, GEODNET has seen rapid growth, with a current network of over 21,000 satellite base stations spanning 160 countries. The network has been designed to eventually encompass 100,000 evenly distributed stations worldwide, aiming to be 20 times larger than any existing CORS network. [\\[2\\]](#cite-id-AhIaaI3yNizgTjzv)​\n\n## Technology & Architecture\n\nGEODNET's core function relies on a network of GNSS reference stations, known as base stations or satellite miners, that collect data to provide real-time kinematic (RTK) corrections. These stations are strategically positioned on rooftops globally to serve as nodes, transmitting precise positional corrections to nearby devices. [\\[3\\]](#cite-id-WaIGcFaGUzJEifTG)​\n\nThe system operates using blockchain technology to ensure data integrity and incentivize station operators with GEOD tokens. The network's architecture includes physical and virtual nodes, with each node performing specific roles such as validation of data quality, authentication, and manipulation detection. This decentralized model is intended to eliminate single points of trust or failure common in centralized networks. [\\[2\\]](#cite-id-AhIaaI3yNizgTjzv)​\n\n## Tokenomics\n\n$GEOD is the native utility token of the GEODNET network. It is used to reward participants who operate GNSS base stations, pay for network data services, and support governance-related activities within the ecosystem. The token has a fixed maximum supply of 1 billion GEOD and is available on multiple blockchain networks, including [Polygon](https://iq.wiki/wiki/polygon) ([ERC-20](https://iq.wiki/wiki/erc-20)-compatible), [CoinBase](https://iq.wiki/wiki/coinbase), [Solana (SPL)](https://iq.wiki/wiki/solana), and [IoTeX](https://iq.wiki/wiki/iotex), allowing cross-chain use and trading through supported exchanges and bridges.  [\\[7\\]](#cite-id-hctXD3mmRtsaSRKJ)   [\\[4\\]](#cite-id-61Jz40D0A1tiKkzK)  [\\[6\\]](#cite-id-7HbRTAKeSrR6ldr5) \n\n### Allocation\n\n* **Mining:** 35% \n* **Investors:** 25% \n* **Team:** 25% \n* **Ecosystem:** 10% \n* **Vendors & Marketing:** 3% \n* **Public Sale:** 2% \n\n### Governance\n\nGEODNET operates a community governance system that allows eligible participants to submit and vote on proposals related to the network. Voting power is represented through veNFTs (vote-escrowed NFTs).\n\nveNFT voting rights are available to three categories of participants:\n\n* **Location NFT holders**, who receive a Location NFT for being the first to provide qualifying GNSS data within a designated geographic area. \n* **SuperHex participants**, who stake assets through the GEODNET SuperHex program to support network coverage in strategically important regions. \n* **Locked GEOD token holders**, including community members, team members, and investors who lock their tokens within the governance system.  [\\[3\\]](#cite-id-WaIGcFaGUzJEifTG)  [\\[8\\]](#cite-id-Dct5YxDHiLw4v4vA) ","summary":"GEODNET is a decentralized network utilizing RTK and blockchain technologies to provide precise location data. It aims to deploy 100,000 base stations globally.","images":[{"id":"QmeBwX4nF4tStf4APqHn9SDqBk5xHYECgEqLvP7DyqAY5w","type":"image/jpeg, image/png"}],"categories":[{"id":"projects-and-protocols","title":"projects-and-protocols"}],"tags":[{"id":"Infrastructure"},{"id":"AIPlatform"},{"id":"Solana"},{"id":"DeFi"}],"media":[{"id":"https://www.youtube.com/watch?v=VIdfxdj1KUY?si=qpOLOCIXdR2IyI4N","name":"VIdfxdj1KUY?si=qpOLOCIXdR2IyI4N","caption":"","thumbnail":"https://www.youtube.com/watch?v=VIdfxdj1KUY?si=qpOLOCIXdR2IyI4N","source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"BWy0N4YfGtpJnk5U\",\"url\":\"https://geodnet.com/about\",\"description\":\"About GEODNET: News, Founding Team, Investors & Blockchain DePIN Events\",\"timestamp\":1782341211848},{\"id\":\"AhIaaI3yNizgTjzv\",\"url\":\"https://geodnet.com/file/Geodnet%20whitepaper.pdf\",\"description\":\"GEODNET Whitepaper\",\"timestamp\":1782341211848},{\"id\":\"WaIGcFaGUzJEifTG\",\"url\":\"https://docs.geodnet.com/\",\"description\":\"GEODNET DOCS CENTER\",\"timestamp\":1782341211848},{\"id\":\"61Jz40D0A1tiKkzK\",\"description\":\"Crypto Briefing - GEODNET token trading goes live on Coinbase June 23, 2026\",\"timestamp\":1782342574689,\"url\":\"https://cryptobriefing.com/geodnet-geod-coinbase-listing/\"},{\"id\":\"tlZaO9ZY9QTLQDVc\",\"url\":\"https://geodnet.com/\",\"description\":\"The decentralized location layer for robotics\",\"timestamp\":1782341211848},{\"id\":\"7HbRTAKeSrR6ldr5\",\"url\":\"https://coinmarketcap.com/currencies/geodnet/\",\"description\":\"CoinMarketCap GEODNET\",\"timestamp\":1782341211848},{\"id\":\"hctXD3mmRtsaSRKJ\",\"description\":\"Geodnet Docs: Tokenomics\",\"timestamp\":1782342100276,\"url\":\"https://docs.geodnet.com/geod-token/tokenomics\"},{\"id\":\"Dct5YxDHiLw4v4vA\",\"description\":\"Geodnet Docs: Geod Governance\",\"timestamp\":1782342209501,\"url\":\"https://docs.geodnet.com/geod-governance/introduction\"}]"},{"id":"website","value":"https://geodnet.com/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/geodnet"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/geodnet/"},{"id":"twitter_profile","value":"https://twitter.com/GEODNET"},{"id":"facebook_profile","value":"https://www.facebook.com/geodnet"},{"id":"reddit_profile","value":"https://reddit.com/r/GEODNET_/"},{"id":"github_profile","value":"https://github.com/geodnet"},{"id":"discord_profile","value":"https://discord.gg/geodnet"},{"id":"telegram_profile","value":"https://t.me/geodnet"},{"id":"medium_profile","value":"https://medium.com/geodnet"},{"id":"nansen","value":"https://app.nansen.ai/token-god-mode?chain=solana&tab=transactions&tokenAddress=7JA5eZdCzztSfQbJvS8aVVxMFfd81Rs9VvwnocV1mKHu"},{"id":"polygonscan","value":"https://polygonscan.com/token/0xac0f66379a6d7801d7726d5a943356a172549adb"},{"id":"contract_url","value":"https://iotexscan.io/token/0x8e33229206f726993e4a7bf7da2347f3743bf8b4"},{"id":"rootdata_profile","value":"https://www.rootdata.com/Projects/detail/GEODNET?k=NzQyMQ=="},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/geodnet/"},{"id":"youtube_profile","value":"https://www.youtube.com/@GEODNET"},{"id":"commit-message","value":"\"Added new wiki GEODNET\""}],"events":[{"id":"71b3981c-6386-4ea2-8fc6-9d4636841b46","date":"2026-06-01","title":"Launch of GEODNET Token","type":"DEFAULT","description":"GEODNET's GEOD token became tradable on Coinbase, enhancing accessibility and market presence.","link":"https://cryptobriefing.com/geodnet-geod-coinbase-listing/","continent":"NORTH AMERICA","country":"United States"},{"id":"684ebce5-7acc-4c8f-b8e2-4fefeaee8a3c","date":"2025-09-01","title":"Migration Bonus Program","type":"DEFAULT","description":"GEODNET announced a migration program from Polygon to Solana to enhance network capabilities.","link":"https://geodnet.com/about","continent":null,"country":"Singapore"},{"id":"950c971d-dc32-4f1d-98a8-eff865eb1ea4","date":"2026-06-24","title":"GEODNET Founded","type":"CREATED","description":"GEODNET was founded and officially launched."}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0x4a2bC97afBF41a2Cbf4b4628F63420682Ff4CF2a"},"language":"en","version":1,"linkedWikis":{"blockchains":["solana"],"founders":[],"speakers":[]}}