"I don't know why there are not more crypto projects like @GEODNET "
- Mike Horton, founder of GEODNET
Hard to disagree. Imho one of the best projects in crypto with some of the strongest tokenomics out there.
▪️ Fixed supply of 1 billion GEOD, no more will ever be minted
▪️ 80% of all data revenue goes into open market buybacks and burns
▪️ Mining rewards halve annually, reducing new supply over time
Most of GEODNET's customers don't even know they're in crypto. They just pay for RTK data.
And when they do, tokens get bought off the open market and burned. Real enterprise demand driving real deflation.
Imho this is the blueprint other DePIN projects will try to follow.
Round 1 of Seeker Summer is fully live ☀️
Here's every round 1 quest in the Solana dApp Store:
@Tokenrunapp by @GEODNET 🌐
↳ Strike Gold: Open any treasure chest
↳ Buried Treasure: Dig up a message buried by another player
@loyal_hq 🤖
↳ Stay Loyal: Deposit at least $5 USDC
↳ Set & Forget: Top up earn with autodeposit
@playdolero 🃏
↳ Ante Up: Verify your wallet and claim your chips.
↳ Enter the Arena: Deposit 0.15 SOL and play one SOL match
@slimecoinio 🪙
↳ Slime Time: Register and claim $2 Seeker welcome bonus
↳ Threepeat: Play three games
You have until July 15 to complete Round 1 quests...seek and you will find.
Shipped Live Seeker Summer edition is coming 🔜☀️
Tomorrow July 14 at 11am EST
The latest on the Solana Mobile ecosystem, featuring:
- @m_it
- @bassbuddha (Collector Crypt)
- @0xChrisSaturn (Dolero)
- @candyflipline (Loyal)
- @mikeahorton (TokenRun + GEODNET)
Sign up now 👇
We had some big news last week. 🔥
$GEOD is now listed on Coinbase, the largest exchange listing in GEODNET's history.
Spot trading for the GEOD-USD pair went live on June 23rd, opening access to millions of users worldwide and bringing GEOD into the mainstream.
This is what building real infrastructure looks like.
👉 Trade GEOD: https://t.co/cSyfHDDOau
We just had to celebrate. 🎉
Big milestone last week. GEOD is now live on Coinbase and we took a moment to celebrate the people who made it happen. Grateful to the whole GEODNET community who helped us get there.
We're just getting started. 🚀
GEODNET (GEOD) is now live on coinbase․com and in the Coinbase app. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/G4CLIBtAWd
The network just keeps growing. Here's proof:
• 21,000+ active miners worldwide
• 170 countries with active coverage
• 10,000+ cities represented on the network
• 55M+ GEOD burned all time. 🔥
One network. One flywheel. The largest decentralized RTK network in the world gets more powerful with every miner added, every enterprise deal closed, and every GEOD burned.
👉 Learn more about our network
https://t.co/LRmHvztemg
👉 View GEOD statistics
https://t.co/GpchbHu4yf
TokenRun launched globally and the community showed up.
Players are active across every continent, using real-world locations to explore, compete, and earn!
https://t.co/Nh0WIunXr0
Hidden treasure is closer than you think.
With TokenRun, the real world becomes your quest. Follow clues, hit the hex, and complete real location challenges to earn $GEOD and other tokens.
Get out there. Win the treasure.
https://t.co/Nh0WIunXr0
The stakes of physical AI are far higher than with traditional AI. Getting it right means automated abundance. Getting it wrong means unaccountable power acquiring a body in your home, your vehicle, and your workplace.
We have to win this transition.
@GEODNET@mikeahorton
Precise Location + AI = Spatial Ingelligence
@GEODNET enbles Spatial Intelligence to be scaled like never before
Great example from @DroneDeploy --- machines knowing what is buried below them.
Precise geospatial data collected, interpreted, and shared in real-time is the future of Autonomy.
Standard GPS can find the grocery store. Robots need centimeter-level precision.
@mikeahorton joins @RichardRobinson to explain how @GEODNET's decentralized positioning is becoming essential infrastructure for drones, robots, agriculture, and autonomous machines.
For robots to effeciently share spatial knowledge, their spatial memories must be anchored absolutely. @GEODNET
The robot network effect gonna be insane.
Proud of this one.
We just raised $15M to build American-made chips for drones and robotics.
For too long, the systems powering critical infrastructure have depended on fragile, foreign supply chains. We're rebuilding that foundation here in the U.S.
A lot more to come!
People collect watches. I collect drones. 😂
Over the years I’ve built up a pretty crazy mix of DJI drones, American-made systems, small FPVs, custom builds! My fav? the GEO-SWARM prototype, running a @HyfixAI H1 and precisely positioned with @GEODNET.
I think this is quite wrong. Why would reducing costs be a negative to revenue growth? I have never heard that argument with respect to a new technology. Tech is about better, faster, cheaper == bigger and broader markets.
Networks, compute, storage, sensing ... all these things have come massively down in cost and at the same time total market has grown hugely.
Physical AI is going to pump this trend to the moon. Growth in drones, robots, etc is going to exceed every prediction.
@GEODNET is growing at light speed by historical comparisons in our Space. We hitting $10M ARR within two years of a reasonable scaled usable network. It is fast. Meanwhile, we return 80% of fees to token holders which demonstrates the inherit efficiency that decentralization brings with hard token mechanics.
The design cycle of a new car is 5 years. The 3G to 4G transition took a decade. SpaceX took 13 years to land a reusable rocket. We built and started monetization of the largest precision infra network in <3 years and people complaining about slow growth. Silly.
Comparing a business like GEODNET to a perps casino, a prediction market, or a pet rock coin is really the root cause problem...
Maybe those are great businesses, I don't care. If US Capital markets continue focus on this kind of crap, the US is going to find its capital markets irrelevant in the future.
Hard tech = hard power, and I think everyone waking up to that these days.
These business are neither quick or easy, but they are the only businesses that will matter long term.