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Overview
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.
About
Metaverse, Internet of Things, Blockchain, Geospatial, Mapping Services
2021
1-10
Headquarters locations
United States, North America
Social
N/A
Profile Resume
GEODNET headquartered in United States, North America, operates in the Metaverse, Internet of Things, Blockchain, Geospatial, Mapping Services sector. The company focuses on Metaverse and has secured $420.0M in funding across 60 round(s). With a team of 1-10 employees, GEODNET is actively contributing to advancements in Metaverse. Their latest funding round, Seed Round - GEODNET, raised $2.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
3
4
0
$7.0M
Details
2
GEODNET has raised a total of $7.0M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2024 | Seed | 3.5M | ||
2024 | Seed | 2.0M |
Investors
GEODNET is funded by 18 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
VanEck | - | FUNDING ROUND - VanEck | 2.0M |
Cosmo Jiang | - | FUNDING ROUND - Cosmo Jiang | 2.0M |
GEODNET | - | FUNDING ROUND - GEODNET | 2.0M |
Pantera Capital | - | FUNDING ROUND - Pantera Capital | 2.0M |
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