GEODNET is a fascinating cryptographic DePIN project that utilizes borderless blockchain interconnection with satellite correction data. 🛰️
With the rise of industrial drones, smart cars, autonomous agriculture, robotic lawn mowers, and more, ultra-precise navigation data is becoming an increasingly valuable service.
Project Benefits:
1. Market value is 10m lower
2#Depin Track
3.Gps satellite positioning track leader
4. There are currently 4,000+ node devices on the chain online.
5. Didn’t go to cex
6. The project leader once ran a company in this track that was acquired for US$32 million and has 18 patents in this track.
7. 80% of the product revenue is purchased and destroyed on the chain. Currently, 6% of the circulation has been repurchased and destroyed.
8. Raising US$1.5 million in 2023
Raising US$3.5 million in February 2024
9. The project is a new one and has not gone through the bull market yet.
10. The value is still in the incubation period and has not been discovered by the public.
Token $GEOD is currently available for purchase on the horseshoe chain and iotex chain
Detailed analysis of the copied URL:
https://depinhub.io/projects/geodnet/blog/geodnets-satellite-navigation-solution-further-enhances-crypto-utility