GEODNET

GEODNET's native utility token, GEOD, has several purposes within the network:

Fees for Data Streams and Services: GEOD tokens are used to pay for GEODNET data streams and services. Rewards for Space Weather Miners: Those who contribute to the network by mining space weather data are rewarded with GEOD tokens. Governance Votes: GEOD tokens are utilized for governance votes, allowing token holders to have a say in how network resources are allocated. Gas for Blockchain Transactions: GEOD tokens serve as gas for transactions involving native GEODNET blockchain location/time proofs​​​​.

The GEODNET team comprises renowned open-source and blockchain developers and seasoned experts from leading technology platform companies. Key figures in the team include:

Yudan Yi: A top expert in his field, Yi has worked as a Senior Director at Aceinna and a Research Scientist at Qianxun SI and Topcon Positioning Systems. He holds a Ph.D. from Ohio State University and an MS from Tongji University. David Chen: With over 20 years of experience in Silicon Valley, Chen is a blockchain pioneer and a full-stack blockchain expert. He has co-founded several blockchain projects, including Jingtum and MOAC. Mike A. Horton: Horton is a successful entrepreneur who co-founded Crossbow Technology and later sold it to Moog Inc. He holds a BS/MS in Electrical Engineering from UC Berkeley​​​​.