Decentralized network hardware infrastructure company GEODNET completes a new round of financing of $2 million
2024-04-17 01:17:42
GEODNET, a decentralized network hardware infrastructure company, announced the completion of a new strategic round of financing of $2 million, with the participation of CoinFund, Pantera Capital, VanEck, and Santiago R Santos. GEODNET aims to combine real-world earth observation with blockchain technology. A decentralized network to collect geospatial data from global space weather stations and provide secure and trusted data products. Participants contribute to the network by installing geodetic-grade GNSS antennas on rooftops and can receive GEOD tokens for their contributions.
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