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What Is GEODNET?

GEODNET (ticker GEOD), short for Global Earth Observation Decentralized Network, is a decentralized physical infrastructure network (DePIN) that provides high-precision positioning data. Standard GPS is typically accurate to a couple of meters, which is fine for car navigation but useless for a robot lawnmower, an autonomous tractor, or a surveying drone. GEODNET solves this with real-time kinematics (RTK), a technique that uses fixed ground reference stations to correct satellite signals down to one or two centimeters of accuracy. Instead of a single company building those reference stations, GEODNET pays individuals in GEOD tokens to host them, and the project describes the result as the world's largest RTK network, with more than 21,000 stations across nearly 150 countries.

The project was created by Mike Horton, a navigation-industry veteran who co-founded and led the sensor company Crossbow Technology and is a co-founder and CTO of Anello Photonics. The founding team also includes David Chen, head of blockchain, a Silicon Valley engineer and co-founder of the MOAC blockchain project, and Yudan Yi, head of GNSS, who holds a Ph.D. in geodesy from Ohio State University. GEODNET was founded in 2021 and is stewarded by the GEODNET Foundation, a non-profit established in Singapore. Backers include Multicoin Capital, Pantera Capital, VanEck, CoinFund, ParaFi Capital, Borderless Capital, North Island Ventures, IoTeX, and Animoca Brands.

Participants join the network by installing a "satellite miner," a small GNSS reference station (the project also calls them space weather stations) with a rooftop antenna that needs a clear view of the sky. The device continuously tracks signals from GPS, GLONASS, Galileo, and BeiDou satellites and streams raw observation data to the network, where it is used to compute RTK correction streams for paying customers. Miners earn GEOD daily based on data quality, uptime, and location; the network is divided into geographic hexagons, and stations in underserved areas earn more, which steers coverage toward where it is needed.

GEOD has a fixed maximum supply of 1 billion tokens. Mining rewards began in July 2022 at a base rate of 2 GEOD per hour per station and halve every year, so early operators earned more, while team, investor, and ecosystem allocations unlock over multiple years. The token's standout mechanic ties it to real-world sales: customers such as robotics firms, drone operators, surveyors, and farmers pay for RTK data subscriptions, and 80 percent of that data revenue is used to buy GEOD on the open market and burn it, permanently reducing supply, with the remaining 20 percent funding the Foundation. This makes GEODNET one of the few DePIN projects whose token demand is directly linked to revenue from non-crypto customers.

The GEOD token originally launched on Polygon, but under GEODNET Improvement Proposal 7 the project made Solana its primary network, running a migration incentive program from September 15 to October 14, 2025 to encourage holders to move their tokens. GEOD remains tradable on both chains, with the Solana deployment now treated as the core one.

On the demand side, GEODNET has announced customers and partners across automotive, drones, IoT, farming, and surveying. Notable examples include a May 2025 partnership with IoT module maker Quectel, which bundles its RTK modules and antennas with GEODNET correction services, and an integration with worksite-mapping company Propeller, which uses GEODNET reference stations for survey-grade mapping in construction and mining.

Getting Started With GEODNET

There are two ways to participate in GEODNET: hold the GEOD token, or run a satellite miner and earn it.

  1. Step 1: Set up a wallet. Since GEOD's primary deployment is now on Solana, a Solana wallet such as Phantom or Solflare is the most direct choice; MetaMask works for the Polygon version.
  2. Step 2: Acquire GEOD on a centralized or decentralized exchange and withdraw it to your wallet.
  3. Step 3: To mine, buy a GEODNET-compatible satellite miner from the project's store or a partner vendor, mount the antenna on your roof with open sky view, and register it on the GEODNET console.
  4. Step 4: Keep the station online. Rewards are paid daily based on data quality, uptime, and your location's hexagon, and you can track everything from the console dashboard.

How to Get a GEODNET Wallet?

GEOD exists on both Solana and Polygon, with Solana now the primary network, so wallet choice depends on which version you hold.

Phantom

Phantom is the most popular Solana wallet, available as a browser extension and mobile app. It supports the Solana version of GEOD and has built-in swap functionality for acquiring it on Solana DEXes.

Solflare

Solflare is another well-established Solana wallet with browser, mobile, and hardware-wallet support, suitable for holding GEOD on Solana.

MetaMask

For the original Polygon deployment of GEOD, MetaMask remains the standard choice. Add the Polygon network and import the GEOD token contract to see your balance.

Hardware Wallets

A Ledger device can be paired with Phantom, Solflare, or MetaMask to keep private keys offline, which is recommended for larger holdings.

GEODNET Resources

How to Buy GEODNET?

GEOD trades on both centralized and decentralized exchanges, on Solana and Polygon.

Centralized Exchanges

GEOD is listed on exchanges including MEXC, Gate, and CoinEx, typically traded against USDT.

Decentralized Exchanges

On Solana, the primary network, GEOD trades on Raydium and Orca. The original Polygon version trades on Uniswap and Quickswap. Make sure you are using the correct contract for the chain you are on; both official contract addresses are listed on CoinGecko and in the project's documentation.

Latest GEODNET News

GEODNET's recent momentum has come from both capital and customers. In February 2025 the project raised an $8 million strategic round led by Multicoin Capital, with participation from ParaFi Capital and Digital Asset Capital Management, bringing total funding to roughly $15 million; the round was pitched around equipping humanoid robots and other autonomous machines with centimeter-level positioning. Later in 2025, GEODNET Improvement Proposal 7 made Solana the project's primary network, and a month-long bonus program encouraged token holders to migrate from Polygon.

Network growth has continued alongside rising real-world revenue, with the project reporting more than 21,000 stations and quarterly token burns climbing as data subscriptions from robotics, agriculture, drone, and surveying customers expand. Because station counts, burn totals, and reward rates change constantly, the GEODNET console, documentation, and blog are the best sources for current figures.