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GEODNET news
About GEODNET
What Is GEODNET (GEOD)?
The Global Earth Observation Decentralized Network (GEODNET) is a decentralized network of Space Weather mining stations that report the real-time influence of the Sun’s solar winds on the Global Navigation Satellite System (GNSS) signals. This data is commonly used to accurately correct GNSS (GPS and other navigation satellite) signals to provide centimeter level positioning accuracy and improve absolute time accuracy to nano-second level. Traditional applications for these data services include Automotive/Autonomous Navigation, Agriculture/Construction Vehicle Machine Control, Earthquake/Geohazard Monitoring, and traditional Land Survey. Blockchain applications include decentralized Mapping, Metaverse Digital Twins, Location-Aware Smart Contracts, and Proof-of-Location and Time.
GEOD is the native utility token that is used for:
Fees for providing GEODNET data streams and services
Rewards to Space Weather Miners
Used for governance votes to determine how network resources are allocated
Gas for future native GEODNET blockchain location/time proofs
The live GEODNET price today is $0.267067 USD with a 24-hour trading volume of $892,615 USD. We update our GEOD to USD price in real-time. GEODNET is down 6.91% in the last 24 hours. The current CoinMarketCap ranking is #630, with a live market cap of $39,103,949 USD. It has a circulating supply of 146,420,041 GEOD coins and a max. supply of 1,000,000,000 GEOD coins.
If you would like to know where to buy GEODNET at the current rate, the top cryptocurrency exchanges for trading in GEODNET stock are currently MEXC, Gate.io, CoinEx, and QuickSwap v3 (Polygon). You can find others listed on our crypto exchanges page.