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GEODNET

GEODNET

GEOD
#2173
$0.2527Up 2.71 percent($0.01)

Key Stats

Total Supply1.00B GEOD
Max Supply
Launch Date2022-05-04
Built OnPOL
Token StandardERC20
Smart Contract Address0xAC0F…9Adb
Decimal Places18

GEODNET Information

Industries
Platform

GEODNET Price Converter

GEODNETGEOD
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Latest GEODNET News

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GEODNET Markets

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InstrumentExchangeBenchmark DataPrice24h Change
GEODNETUSD logo
GEOD-USD
GEOD-USD
coinbase logocoinbase
AA
0.2556USD
-1.24%
GEODNETUSDT logo
GEOD-USDT
GEOD_USDT
gateio logogateio
A
0.2552USDT
3.57%
GEODNETUSD logo
GEOD-USD
GEOD_USD
cryptodotcom logocryptodotcom
AA
0.2578USD
2.81%
GEODNETKRW logo
GEOD-KRW
KRW-GEOD
upbit logoupbit
B
344.00KRW
2.99%
GEODNETKRW logo
GEOD-KRW
GEOD_KRW
bithumbkorea logobithumbkorea
-
336.00KRW
1.82%

GEODNET Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
GEODERC20POL0xAC0F66379A6d7801D7726d5a943356A172549Adb2022-05-04

About GEODNET

GEODNET (GEOD) is a decentralized network leveraging blockchain technology to improve GNSS signals for various applications, including navigation, agriculture, and geohazard monitoring. Its native token, GEOD, is used for network transactions, rewards, governance, and as gas for blockchain operations. The project was developed by a team of experts with substantial experience in blockchain and open-source development, including Yudan Yi, David Chen, and Mike A. Horton.

Frequently Asked Questions

GEODNET, standing for the Global Earth Observation Decentralized Network, is a decentralized network of Space Weather mining stations. It is focused on reporting the real-time influence of the Sun’s solar winds on the Global Navigation Satellite System (GNSS) signals. The primary aim of GEODNET is to provide highly accurate corrections to GNSS signals, thereby achieving centimeter-level positioning accuracy and improving absolute time accuracy to the nano-second level. This makes it essential for various applications, including automotive/autonomous navigation, agriculture/construction vehicle machine control, earthquake/geohazard monitoring, and traditional land surveying. Moreover, GEODNET supports blockchain applications like decentralized mapping, Metaverse Digital Twins, location-aware smart contracts, and Proof-of-Location and Time​​.

GEODNET's native utility token, GEOD, has several purposes within the network:

Fees for Data Streams and Services: GEOD tokens are used to pay for GEODNET data streams and services. Rewards for Space Weather Miners: Those who contribute to the network by mining space weather data are rewarded with GEOD tokens. Governance Votes: GEOD tokens are utilized for governance votes, allowing token holders to have a say in how network resources are allocated. Gas for Blockchain Transactions: GEOD tokens serve as gas for transactions involving native GEODNET blockchain location/time proofs​​​​.

The GEODNET team comprises renowned open-source and blockchain developers and seasoned experts from leading technology platform companies. Key figures in the team include:

Yudan Yi: A top expert in his field, Yi has worked as a Senior Director at Aceinna and a Research Scientist at Qianxun SI and Topcon Positioning Systems. He holds a Ph.D. from Ohio State University and an MS from Tongji University. David Chen: With over 20 years of experience in Silicon Valley, Chen is a blockchain pioneer and a full-stack blockchain expert. He has co-founded several blockchain projects, including Jingtum and MOAC. Mike A. Horton: Horton is a successful entrepreneur who co-founded Crossbow Technology and later sold it to Moog Inc. He holds a BS/MS in Electrical Engineering from UC Berkeley​​​​.