GEODNET Price

GEODNET (GEOD) is a cryptocurrency that operates primarily on the Solana blockchain, with additional presence on Polygon and IoTeX networks. Currently ranked #619 with a price of $0.1552, it has seen a -3.4% change in the last 24 hours. GEODNET serves multiple purposes within its ecosystem: it incentivizes miners who contribute to the network, covers fees for accessing data streams, and enables governance participation. The token benefits from multi-chain functionality, enhancing its accessibility across different blockchain platforms. With a market cap of $49.23M and a 24-hour trading volume of $243.31K, GEODNET has a circulating supply of 317.16M GEOD out of a total supply of 1B GEOD. The project was launched in 2021 and has established itself in the Distributed Computing and DePIN (Decentralized Physical Infrastructure Networks) sectors. For the latest information and price movements, users can track GEODNET's performance metrics, including its 24-hour high of $0.1682 and low of $0.1542.

GEODNET (GEOD) was created on September 20, 2021. It operates primarily on the Solana blockchain platform, though it also has presence on Polygon and IoTeX ecosystems. Since its launch, GEODNET has established itself as a notable cryptocurrency in the DePIN (Decentralized Physical Infrastructure Networks) and distributed computing sectors. The token currently ranks #619 among all cryptocurrencies with a market capitalization of $49.23M.

GEODNET was founded by Mike Horton, who serves as the lead founder and visionary behind the project. He established GEODNET in 2021 when the token was officially launched on the Solana platform. Mike Horton leads a team of developers and industry experts who have collectively built the GEODNET ecosystem, focusing on distributed computing and DePIN (Decentralized Physical Infrastructure Networks) technology. The founding team has successfully expanded the project across multiple blockchains, including Solana, Polygon, and IoTeX, demonstrating their commitment to cross-chain functionality and wider adoption of the GEODNET token.

GEODNET operates on a unique mining and staking model within the DePIN (Decentralized Physical Infrastructure Network) ecosystem. GEOD tokens are primarily earned through satellite mining, with rewards distributed based on the type of mining equipment used. As of 2025-06-28, satellite miners can earn up to 24 GEOD tokens per day for dual-band miners. The token functions on the Solana blockchain as its primary platform, with additional compatibility on Polygon and IoTeX networks. GEODNET's tokenomics include a total supply of 989,289,568 tokens with 317.16M GEOD currently in circulation. GEODNET implements a halving mechanism where mining rewards are reduced by 50% annually on June 30th, similar to Bitcoin's approach but on a yearly schedule rather than every four years. This creates a predictable scarcity model that supports the token's value proposition in the distributed computing and navigation sectors. The current price of GEOD is $0.1552, with a market cap of $49.23M and 24-hour trading volume of $243.31K.

GEODNET operates on a multi-chain technical architecture, primarily deployed on Solana blockchain with additional implementations on Polygon and IoTeX networks. The system utilizes a distributed computing model that connects physical and virtual nodes across a global geospatial network. This architecture ensures high scalability, transaction efficiency, and resilience against single points of failure. The network employs a decentralized infrastructure that supports DePIN (Decentralized Physical Infrastructure Networks) applications, allowing for transparent data verification and secure token transactions. GEODNET's technical design prioritizes interoperability between different blockchain ecosystems while maintaining the integrity of its distributed ledger system. The token contract addresses are implemented differently across platforms, with specific smart contract deployments tailored to each blockchain's requirements, enabling cross-chain functionality while preserving the core tokenomics structure.

GEODNET has a promising future roadmap focused on expanding its DePIN (Decentralized Physical Infrastructure Network) ecosystem. As a key player in distributed computing on the Solana, Polygon, and IoTeX platforms, GEOD aims to strengthen its position in the geospatial data market by 2025-2026. The roadmap includes enhancing the node network infrastructure, improving data validation mechanisms, and expanding cross-chain functionality. By 2027, GEODNET plans to implement advanced AI integration for geospatial data analysis and launch new enterprise partnerships. Long-term goals through 2030 include achieving greater decentralization of the network, expanding use cases beyond current applications, and establishing GEOD as the leading token for geospatial data services. With current market cap at $49.23M and trading at $0.1552, GEODNET shows potential for growth as the DePIN sector continues to mature. The team is actively developing governance mechanisms to increase community participation in the project's future direction.