Flow of Ideas

Is GOED(GEODNET) the next big crypto?

Is GOED(GEODNET) the next big crypto?

GEODNET is a crypto-powered network designed to map out the world much more precisely than satalites. You can purchase Satellite Reference Stations and install them to passivly earn GEOD.

GEOD the crypto has a max supply of 1 billion.

Simmilar to bitcoin the mining rewards half each year half a year. 

One if the main things that makes this crypto so unique is that slowly avalibe coins get burned which slowly reduces the supply creating higher demand. 

Bacically it works simmilar to bitcoin in the sense that is limited but it further reduces taht by the fact the some gets burned.

 

The main reason so much money is being made is for the future idea that this data could be in the future used for stuff like:

Precision agriculture

Drones

Robotics

Autonomous vehicles

Surveying/mapping

Construction

High-precision navigation

 

Overall you should do your own research into weather you think buying the coin or a satalite relay is worth it for your situation.

Sorry for the short post I just wanted to finish this one fast.

 

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zackdcat
zackdcat

I (try to) make stuff


Flow of Ideas
Flow of Ideas

On this blog, I will share my perspective on cryptocurrency and tech.

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