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GEODNET Stock

GEODNET

GEOD

Price

0.14
Today +/-
+0
Today %
+0 %

GEODNET Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateGEOD/USDT0.1757.18882.8362,728.550.01cex1407/9/2025, 6:23 AM
MEXCGEOD/USDT0.17154.34247.21196,711.20.01cex1447/9/2025, 6:18 AM
OurbitGEOD/USDT0.1752.73922.49117,413.40.01cex1017/9/2025, 6:15 AM
CoinExGEOD/USDT0.1771.53181.484,272.530cex957/9/2025, 6:23 AM
CoinDCXGEOD/INR0.1700351.380.01cex17/9/2025, 6:15 AM
KorbitGEOD/KRW0.160000cex17/9/2025, 6:21 AM
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GEODNET FAQ

### What is GEODNET (GEOD)? #### Overview GEODNET (GEOD) is a cryptocurrency designed to revolutionize the geospatial data industry. By leveraging blockchain technology, GEODNET aims to deliver a decentralized platform that provides secure, real-time geospatial data services. #### Purpose The primary objective of GEODNET is to create a comprehensive ecosystem for accessing and sharing geospatial data. This system is built to facilitate transactions, enhance data accuracy, and ensure the reliability of geospatial information through decentralized means. #### Key Features 1. **Decentralized Data Sharing**: GEODNET employs a blockchain-based platform to enable peer-to-peer sharing of geospatial data, eliminating the need for a centralized entity to manage transactions. 2. **Enhanced Security**: The use of blockchain ensures that all transactions and data exchanges are secure and tamper-proof. This provides users with confidence in the accuracy and integrity of the information they receive. 3. **Real-time Processing**: GEODNET's infrastructure supports rapid data processing and transactions, allowing users to access and share up-to-date geospatial information efficiently. 4. **Incentive System**: Users are rewarded with GEOD tokens for contributing data and resources to the network, promoting active participation and growth within the community. #### Use Cases GEODNET is designed for a variety of applications, including urban planning, environmental monitoring, and logistics management. By offering a platform that provides accurate and reliable geospatial data, GEODNET supports industries that rely heavily on precise location-based information. #### Market Information For the latest market data, updates, and in-depth analysis of GEODNET, please refer to Eulerpool, where comprehensive details and statistics on GEOD are readily available.

The Global Earth Observation Decentralized Network (GEODNET) represents a groundbreaking decentralized network composed of Space Weather mining stations. These stations monitor and report the ongoing impact of solar winds emanating from the Sun on the Global Navigation Satellite System (GNSS) signals. This information is critical for accurately correcting GNSS signals, such as GPS and other navigation satellites, to achieve centimeter-level positioning accuracy and enhance absolute time accuracy to a nano-second level. Traditional applications for these data services span across sectors such as Automotive/Autonomous Navigation, Agriculture/Construction Vehicle Machine Control, Earthquake/Geohazard Monitoring, and conventional Land Surveying. With respect to blockchain applications, the network supports decentralized Mapping, Metaverse Digital Twins, Location-Aware Smart Contracts, and Proof-of-Location and Time. The GEOD token serves as the native utility token within this network and is utilized for the following purposes: * Covering fees associated with providing GEODNET data streams and services * Issuing rewards to Space Weather Miners * Facilitating governance votes to decide the allocation of network resources.

Investors interested in GEODNET are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.