Geodnet

GEODNET (Global Earth Observation Decentralized Network) operates a permissionless network of GNSS base stations that collect satellite correction and space weather data worldwide. The stations feed a real-time kinematic (RTK) correction service that enables centimeter-level positioning for drones, autonomous vehicles, robotics, surveying and mapping applications. Station hosts purchase certified hardware — referred to as Satellite Reference Stations or miners — install and register them on the project console, connect a wallet, and earn GEOD tokens for contributing data and uptime.

The project frames the correction problem around three GNSS error sources: clock error, orbit error and ionospheric (space weather) error, with the ionospheric component described as the fastest-changing and least predictable. GEODNET's stated approach is to reach the reference-station density traditionally considered impractical (roughly one station every 20 kilometers) by using token incentives rather than centrally funded infrastructure. Data quality is enforced through protocol requirements: hardware must be certified with capabilities such as triple-frequency, multi-constellation reception, and stations sign their data so consumers can verify it is authentically generated rather than relayed.

Beyond the core correction network, GEODNET offers consumer and field hardware including GEO-PULSE, a car navigation device paired with a Quest App through which users complete tasks to earn GEOD tokens and rewards from partner projects such as IoTeX, and GEO-MEASURE. Reward mechanics include full rewards for miners placed in an empty hex, a Location NFT for the first station sustaining a 98% score for 30 days (which avoids reward splitting), and additional rewards through staking and SuperHexes.

Founding story

Yudan Yi, previously one of the original developers of Topcon's Topnet correction network, worked on one of the largest public correction networks in China before returning to the United States, where he met Mike Horton. The two studied blockchain approaches, including the decentralized wireless project Helium, as a way to fund dense reference-station coverage, then connected with David Chen, a blockchain expert who had been working on similar ideas. The three formed GEODNET in 2021.

Business model

GEODNET sells or certifies GNSS reference station hardware that third-party operators deploy at their own cost, and monetizes the resulting correction data through RTK services and API-based GNSS access for enterprises and developers. Token incentives substitute for capital expenditure on network build-out: operators are compensated in GEOD tokens for contributing data and uptime, while data customers pay for corrections.

Revenue is generated from real-world data services — RTK corrections for precision mapping and surveying, device position verification for IoT and mobility applications, and API-based GNSS enterprise integrations. The project states that 80% of its data revenue is used to buy back and permanently burn GEOD tokens, reducing token supply. The website reports an annual recurring revenue figure alongside network coverage statistics.

Traction

The website publishes live network metrics for deployed miners, countries covered, RTK data usage and current annual recurring revenue, and describes thousands of active GNSS stations worldwide. Enterprise use is cited across surveying, drones, agriculture and autonomous navigation, with industry partners consuming the RTK network.

Latest developments

GEO-PULSE and GEO-MEASURE were named 2026 CES Innovation Award honorees. GEO-PULSE is paired with a Quest App offering token-reward tasks with partner projects such as IoTeX, with additional gaming features indicated as planned.