Coin Research — GEODNET (GEOD) — 05 July 2026

TL;DR

• Idea: Global decentralized GNSS reference network with revenue-backed token burn
• Catalyst: Coinbase listing on 2026-06-23, enterprise adoption in autonomous vehicles and agriculture, 80% revenue burn model
• Risks: Dependent on sustained enterprise demand and network expansion; high infrastructure costs; regulatory uncertainties
• Score: 7.00/ 10

Coin

• Name/ Ticker: GEODNET (GEOD)
• Segment: DePIN
• Status: active
• Price: $0.233600

Key Metrics

• Market Cap: $102 533 133
• FDV: $233 670 000
• Circulating Supply: 438 777 945
• Total Supply: 1 000 000 000

Sources

1. https://www.coinmarketcap.com/currencies/geodnet/
2. https://www.coingecko.com/en/coins/geodnet

Technology

• USP: First blockchain network to use geospatial information as consensus resource combining POL, POA and POS
• Core Technology: Solana-based DePIN architecture with proof-of-location and proof-of-accuracy validations, GeoDAO governance, 80% revenue burn smart contract

Roadmap

• 2022-01-01: Testnet launch and initial token distribution
• 2022-06-01: Mainnet launch, GeoDAO creation, private product tests
• 2023-02-01: Service provider launch with public data products
• 2024-01-01: Mainnet 2 fully operational GEODNET
• 2025-01-01: Global RTK on-demand network available

Team & Investors

Team

• Lead GNSS Architect — Yudan Yi: EasyRTK developer
• Integration Engineer — Xiaohua Wen: Former Tersus GNSS engineer
• Hardware Specialist — James Doebbler: VectorNav systems engineer
• Co-founder & Correspondence — Mike Horton: Founder of Anello Photonics

Investors

• Multicoin Capital — Seed VC III • 2025-02-25 • $8.00M
• ParaFi Capital — Seed VC III • 2025-02-25
• Digital Asset Capital Management — Seed VC III • 2025-02-25
• G1 Ventures — Seed VC III • 2025-02-25
• DACM — Seed VC III • 2025-02-25

Total funding: $15.00M

Tokenomics

• Utility: Fees for GNSS data streams, miner rewards, governance voting

Pros & Cons

Strengths

• Real-world enterprise adoption across multiple sectors
• Revenue-backed burn mechanism aligning token scarcity
• Global coverage with over 21,000 GNSS base stations
• Built on Solana for high throughput and low fees
• Decentralized proof-of-location consensus
• Listing on Coinbase enhances liquidity and visibility
• Backed by reputable funds including Multicoin Capital
• Clear roadmap with milestones achieved to date

Weaknesses

• Dependent on sustained enterprise demand and contracts
• High upfront costs and complexity for node operators
• Regulatory risk in geospatial data and crypto sectors
• Network adoption still early relative to targets
• Token price volatility during initial trading phase
• Competition from centralized GNSS providers
• Technical complexity may hinder mainstream integration
• Supply inflation model can dilute rewards over time

Price Scenarios (target: 2027-01-05)

• Bear: $0.100000 — Assumes low adoption and pricing at lower quartile of initial trading range based on tokenomics
• Base: $0.250000 — Applies moderate adoption scenario using projected revenue and P/S multiple of 4 for burn model
• Bull: $0.500000 — High adoption scenario doubling station count and burn rate, price equilibrium projection

How to Buy & Store

CEX

• Coinbase
• Binance
• KuCoin
• MEXC
• OKX

DEX

• Raydium
• Serum DEX
• Orca
• Jupiter
• Slope Finance

Storage

• Phantom Wallet
• Solflare
• Ledger (with Solana app)
• Trezor (with Solana support)
• MetaMask (with Solana plugin)

Verdict

GEODNET’s novel use of geospatial consensus, strong enterprise use-case and revenue burn mechanism position it as a leading DePIN project. Adoption and operational costs remain key risks.

Official Links

• Whitepaper