GEODNET (GEOD)

System: GEODNET — Trusted Data, Identity and AI Outputs

GEODNET provides Real-Time Kinematic (RTK) Global Navigation Satellite System (GNSS) correction data for customers needing centimetre-level positioning in devices such as rovers, drones, vehicles, smartphones and agricultural equipment. GEODNET launched in 2022 and uses physical Base Stations, GEODNET cloud servers, RTK and Post-Processed Kinematic (PPK) application programming interfaces, GEOD token contracts, SuperHex staking, Location non-fungible tokens and veNFT voting representations.

Market Data

Price$0.183732
Market Cap$83.79M
Fully Diluted Valuation$176.95M
30d Change-12.00%
365d Change20.80%

Token Functionalities

Governance

  • Product/Service Line Decisions (Partial)

    Right to vote, through GEOD-derived veNFT voting power, on product or service-line decisions within GEODNET’s scope, including chain or token-deployment decisions. Execution still depends on Foundation, technical operators, token contracts, bridges and external chain infrastructure, so the strength is Partial.

  • Actor Set Permissioning (Partial)

    Right to vote, through GEOD-derived veNFT voting power, on rules affecting privileged station or Location non-fungible token status. GIP8 updated Location non-fungible token acquisition, retention, active/inactive status and the active cap. Execution depends on station data, console records and GEODNET rule implementation, so the strength is Partial.

  • Technical Parameter Control (Partial)

    Right to vote, through GEOD-derived veNFT voting power, on technical or token-network architecture changes. Execution depends on technical operators, token contracts, bridges and external chain rails rather than automatic GEOD-holder execution, so the strength is Partial.

  • Process and Meta Parameter Control (Partial)

    Right to vote, through GEOD-derived veNFT voting power, on governance process and meta-parameter decisions. The governance process uses veNFT voting power and majority thresholds, while proposal publication and implementation remain subject to audit, approval and execution dependencies. The execution path is therefore not Unilateral, so the strength is Partial.

  • Economic Design/Parameter Control (Partial)

    Right to vote, through GEOD-derived veNFT voting power, on economic reward, penalty and incentive parameters. GIP6 changed performance-based rewards and penalties, and the rules took effect in the GEODNET reward system. Execution is not automatic on-chain and depends on Foundation or technical operator implementation, so the strength is Partial.

Payments

  • Native Resource Fee (Weak)

    Right to pay GEOD for GEODNET RTK data service. Strength is Weak because GEOD is a documented payment path for the native RTK data resource, but it is not the exclusive access path to GEODNET’s service.

Value Distribution

  • Burn Entitlement (Discretionary but Regular)

    Right to benefit from increased percentage ownership as GEOD is repurchased and removed from circulation using GEODNET RTK network fees. Strength is Discretionary but Regular because the buyback-and-burn route is observed and recurring, but a non-discretionary on-chain or binding legal execution path has not been verified.

Service Provision

  • Resource and Work Evaluation/Allocation

    Right to stake GEOD into Foundation-defined SuperHexes to activate or weight geographic service targets for station deployment and reward eligibility. Staked GEOD is the activation mechanism and is folded into GEOD rather than treated as an independent product or claim token.

System Attributes

Operating Model

<p>GEODNET&nbsp;has&nbsp;a&nbsp;Hybrid&nbsp;operating&nbsp;model.&nbsp;The&nbsp;off-chain&nbsp;side&nbsp;consists&nbsp;of&nbsp;independent&nbsp;Base&nbsp;Station&nbsp;operators&nbsp;who&nbsp;purchase,&nbsp;install,&nbsp;connect&nbsp;and&nbsp;register&nbsp;physical&nbsp;GNSS&nbsp;antennas&nbsp;that&nbsp;send&nbsp;data&nbsp;to&nbsp;GEODNET’s&nbsp;cloud&nbsp;servers.&nbsp;The&nbsp;system&nbsp;also&nbsp;depends&nbsp;on&nbsp;GEODNET-operated&nbsp;RTK&nbsp;servers,&nbsp;user&nbsp;accounts,&nbsp;enterprise&nbsp;portals,&nbsp;RTK&nbsp;and&nbsp;PPK&nbsp;application&nbsp;programming&nbsp;interfaces&nbsp;and&nbsp;console&nbsp;records&nbsp;for&nbsp;service&nbsp;delivery&nbsp;and&nbsp;reward&nbsp;tracking.&nbsp;The&nbsp;on-chain&nbsp;side&nbsp;consists&nbsp;of&nbsp;GEOD&nbsp;token&nbsp;contracts,&nbsp;Location&nbsp;non-fungible&nbsp;tokens,&nbsp;GEOD&nbsp;staking&nbsp;states&nbsp;and&nbsp;veNFT&nbsp;voting&nbsp;representations&nbsp;used&nbsp;for&nbsp;incentives,&nbsp;staking&nbsp;activation&nbsp;and&nbsp;governance.</p>

Value Creation

<p>GEODNET&nbsp;has&nbsp;Off-Chain&nbsp;Value&nbsp;Creation.&nbsp;The&nbsp;productive&nbsp;activity&nbsp;is&nbsp;physical&nbsp;and&nbsp;service-side:&nbsp;Base&nbsp;Stations&nbsp;receive&nbsp;GNSS&nbsp;signals,&nbsp;correct&nbsp;errors&nbsp;caused&nbsp;by&nbsp;satellite,&nbsp;atmospheric&nbsp;or&nbsp;urban&nbsp;conditions,&nbsp;and&nbsp;provide&nbsp;RTK&nbsp;correction&nbsp;data&nbsp;to&nbsp;nearby&nbsp;rovers.&nbsp;GEODNET’s&nbsp;RTK&nbsp;service&nbsp;then&nbsp;delivers&nbsp;differential&nbsp;corrections&nbsp;from&nbsp;the&nbsp;nearest&nbsp;Base&nbsp;Station&nbsp;through&nbsp;cloud&nbsp;servers,&nbsp;mountpoints&nbsp;and&nbsp;application&nbsp;programming&nbsp;interfaces.&nbsp;GEOD&nbsp;token&nbsp;contracts,&nbsp;Location&nbsp;non-fungible&nbsp;tokens,&nbsp;GEOD&nbsp;staking&nbsp;and&nbsp;governance&nbsp;records&nbsp;support&nbsp;incentives,&nbsp;reward&nbsp;eligibility,&nbsp;payments&nbsp;and&nbsp;coordination,&nbsp;but&nbsp;they&nbsp;do&nbsp;not&nbsp;themselves&nbsp;create&nbsp;the&nbsp;positioning&nbsp;data&nbsp;or&nbsp;operate&nbsp;the&nbsp;GNSS&nbsp;correction&nbsp;service.</p>

Value Capture

<p>GEODNET&nbsp;has&nbsp;Hybrid&nbsp;Value&nbsp;Capture&nbsp;and&nbsp;Routing.&nbsp;The&nbsp;off-chain&nbsp;side&nbsp;is&nbsp;RTK&nbsp;network&nbsp;access&nbsp;revenue&nbsp;paid&nbsp;by&nbsp;customers,&nbsp;subscribers,&nbsp;enterprises&nbsp;or&nbsp;application&nbsp;programming&nbsp;interface&nbsp;users&nbsp;through&nbsp;GEODNET-controlled&nbsp;or&nbsp;distributor-supported&nbsp;service&nbsp;channels.&nbsp;DeFiLlama&nbsp;records&nbsp;GEODNET&nbsp;fees&nbsp;as&nbsp;station-access&nbsp;fees&nbsp;for&nbsp;the&nbsp;RTK&nbsp;network.&nbsp;The&nbsp;on-chain/token&nbsp;side&nbsp;is&nbsp;the&nbsp;value&nbsp;route&nbsp;from&nbsp;revenue&nbsp;to&nbsp;GEOD:&nbsp;80%&nbsp;of&nbsp;fees&nbsp;are&nbsp;used&nbsp;to&nbsp;repurchase&nbsp;GEOD&nbsp;from&nbsp;the&nbsp;open&nbsp;market&nbsp;and&nbsp;remove&nbsp;it&nbsp;from&nbsp;circulation,&nbsp;while&nbsp;the&nbsp;remaining&nbsp;20%&nbsp;supports&nbsp;Foundation&nbsp;organisational&nbsp;costs.&nbsp;The&nbsp;discretionary&nbsp;controller&nbsp;is&nbsp;the&nbsp;Foundation/off-chain&nbsp;revenue&nbsp;controller;&nbsp;no&nbsp;non-discretionary&nbsp;on-chain&nbsp;revenue-routing&nbsp;contract&nbsp;has&nbsp;been&nbsp;verified.</p>

Governance

Token-Based: <p>Token-Based&nbsp;Governance&nbsp;applies&nbsp;to&nbsp;GEOD-derived&nbsp;veNFT&nbsp;voting&nbsp;power&nbsp;from&nbsp;staked&nbsp;GEOD&nbsp;and&nbsp;locked&nbsp;GEOD.&nbsp;Eligible&nbsp;voters&nbsp;can&nbsp;participate&nbsp;in&nbsp;approved&nbsp;GEODNET&nbsp;Improvement&nbsp;Proposal&nbsp;votes&nbsp;covering&nbsp;economic&nbsp;reward&nbsp;rules,&nbsp;technical/token&nbsp;architecture,&nbsp;governance&nbsp;process&nbsp;rules,&nbsp;privileged&nbsp;station&nbsp;or&nbsp;Location&nbsp;non-fungible&nbsp;token&nbsp;status&nbsp;rules,&nbsp;and&nbsp;product&nbsp;or&nbsp;chain-deployment&nbsp;decisions.&nbsp;This&nbsp;is&nbsp;not&nbsp;whole-system&nbsp;Token-Based&nbsp;Governance:&nbsp;execution&nbsp;is&nbsp;not&nbsp;verified&nbsp;as&nbsp;automatic&nbsp;on-chain&nbsp;execution,&nbsp;and&nbsp;implementation&nbsp;remains&nbsp;dependent&nbsp;on&nbsp;Foundation,&nbsp;console,&nbsp;contract,&nbsp;bridge&nbsp;or&nbsp;technical-operator&nbsp;execution&nbsp;paths.</p> Participant-Based: <p>Participant-Based&nbsp;Governance&nbsp;applies&nbsp;to&nbsp;physical&nbsp;Base&nbsp;Station&nbsp;operation&nbsp;and&nbsp;Location&nbsp;non-fungible&nbsp;token-linked&nbsp;station&nbsp;status.&nbsp;Station&nbsp;owners&nbsp;decide&nbsp;whether&nbsp;and&nbsp;where&nbsp;to&nbsp;install,&nbsp;connect,&nbsp;register&nbsp;and&nbsp;maintain&nbsp;their&nbsp;own&nbsp;GNSS&nbsp;Base&nbsp;Stations,&nbsp;subject&nbsp;to&nbsp;GEODNET’s&nbsp;console&nbsp;and&nbsp;performance&nbsp;rules.&nbsp;Station&nbsp;performance&nbsp;can&nbsp;affect&nbsp;rewards,&nbsp;SuperHex&nbsp;spot&nbsp;retention&nbsp;and&nbsp;Location&nbsp;non-fungible&nbsp;token&nbsp;active&nbsp;status.&nbsp;This&nbsp;authority&nbsp;is&nbsp;role-based&nbsp;because&nbsp;it&nbsp;depends&nbsp;on&nbsp;operating&nbsp;a&nbsp;station&nbsp;or&nbsp;holding&nbsp;a&nbsp;Location&nbsp;non-fungible&nbsp;token-derived&nbsp;role,&nbsp;not&nbsp;simply&nbsp;on&nbsp;holding&nbsp;transferable&nbsp;GEOD.</p> Entity-Based: <p>Entity-Based&nbsp;Governance&nbsp;applies&nbsp;to&nbsp;components&nbsp;controlled&nbsp;or&nbsp;implemented&nbsp;by&nbsp;GEODNET&nbsp;Foundation,&nbsp;the&nbsp;entity&nbsp;described&nbsp;by&nbsp;GEODNET&nbsp;as&nbsp;initiating&nbsp;and&nbsp;coordinating&nbsp;the&nbsp;network.&nbsp;Public&nbsp;materials&nbsp;also&nbsp;refer&nbsp;to&nbsp;GeoDAO&nbsp;PTE&nbsp;LTD/GEODAO&nbsp;Foundation&nbsp;PTE&nbsp;LTD;&nbsp;absent&nbsp;a&nbsp;clear&nbsp;legal-entity&nbsp;map,&nbsp;these&nbsp;are&nbsp;treated&nbsp;as&nbsp;related&nbsp;GEODNET&nbsp;entity&nbsp;references&nbsp;rather&nbsp;than&nbsp;separate&nbsp;governance&nbsp;centres.&nbsp;Entity-governed&nbsp;components&nbsp;include&nbsp;RTK&nbsp;cloud&nbsp;servers,&nbsp;RTK&nbsp;and&nbsp;Post-Processed&nbsp;Kinematic&nbsp;application&nbsp;programming&nbsp;interfaces,&nbsp;the&nbsp;enterprise&nbsp;portal,&nbsp;revenue&nbsp;channels,&nbsp;buyback-and-burn&nbsp;execution,&nbsp;reward-rule&nbsp;implementation&nbsp;and&nbsp;SuperHex&nbsp;area&nbsp;definition.&nbsp;GEOD-linked&nbsp;votes&nbsp;may&nbsp;approve&nbsp;some&nbsp;changes,&nbsp;but&nbsp;execution&nbsp;for&nbsp;these&nbsp;components&nbsp;remains&nbsp;dependent&nbsp;on&nbsp;the&nbsp;Foundation&nbsp;or&nbsp;its&nbsp;appointed&nbsp;technical&nbsp;operators.</p>