Geodnet is a decentralized network of GNSS (Global Navigation Satellite System) “triple-band” reference stations that collectively produce a global RTK (Real-Time Kinematic) correction network — enabling centimeter-precise GPS positioning for autonomous vehicles, precision agriculture, drone navigation, and geospatial surveying at a fraction of the cost of traditional correction services. GPS satellites provide positioning accurate to 3–5 meters — sufficient for navigation, insufficient for precision applications. RTK correction services (provided by companies like Trimble and Leica) deliver centimeter accuracy by using ground-based reference stations that broadcast correction signals. Geodnet builds this infrastructure in DePIN fashion: anyone can buy a $200–$500 Geodnet mining station, install it at home, connect it to the internet, and earn GEO tokens for every second of correction data they contribute. Geodnet’s network already produces data that competes with or exceeds commercial RTK services, used by real agricultural and surveying customers.
| Stat | Value |
|---|---|
| Ticker | GEO |
| Price | $0.13 |
| Market Cap | $56.06M |
| 24h Change | -2.9% |
| Circulating Supply | 428.36M GEO |
| Max Supply | 1.00B GEO |
| All-Time High | $0.37 |
| Contract (Polygon Pos) | 0xac0f...9adb |
| Contract (Solana) | 7JA5eZ...mKHu |
How It Works
GNSS reference stations:
Geodnet miners are triple-band GNSS receivers (L1/L2/L5 frequencies) mounted outdoors with clear sky view. They receive satellite signals, compute precise corrections, and stream them to Geodnet’s network servers in real time.
RTK correction generation:
Geodnet aggregates data from hundreds of stations to generate RTCM (Radio Technical Commission for Maritime) correction streams for each geographic region. Users with compatible GNSS receivers (precision agricultural equipment, survey rovers, autonomous vehicle GNSS modules) connect to Geodnet’s correction stream and achieve centimeter accuracy.
GEO mining rewards:
Station operators earn GEO based on:
- Uptime (stations must stay online for consistent reward)
- Data quality (signal quality metrics evaluated automatically)
- Geographic coverage bonus (stations in underserved areas earn more)
Commercial customers:
Geodnet sells API access to commercial customers (agricultural companies, mapping firms, fleet managers) who pay for RTK correction data. Revenue funds ongoing GEO rewards and development.
Tokenomics
| Metric | Value |
|---|---|
| Max Supply | 2,000,000,000 GEO |
| Mining rewards | ~60% of supply (distributed over years) |
| Ecosystem | 20% |
| Team/investors (vested) | 20% |
| Station cost | ~$150–$500 (triple-band hardware) |
| Average mining income | $30–$150/month per station (varies by location) |
Use Cases
- Mining rewards — Operators earn GEO for contributing live GPS correction data
- Network access fees — Commercial customers pay in GEO for RTK correction API access
- Governance — GEO holders vote on network parameters and expansion strategies
History
- 2022 — Geodnet founded; DePIN GPS correction network concept developed
- 2022 — Initial stations deployed in US and Europe; early data quality demonstrates commercial viability
- 2023 — Network expands globally; agricultural clients sign agreements for precision farming corrections
- 2024 — Geodnet recognized as one of DePIN’s highest-quality projects with real commercial customers; GEO listed on major exchanges
Common Misconceptions
“GPS is already accurate enough.” Standard GPS (3–5m accuracy) is inadequate for autonomous vehicle navigation, precision seeding (centimeter-level row accuracy), and cadastral surveying. RTK correction making GPS centimeter-accurate is a fundamentally different product.
“Geodnet competes with GPS satellites.” Geodnet doesn’t replace satellites — it supplements them by providing ground-based correction that turns satellite positioning from meter-accurate to centimeter-accurate.