Peaq
Build the Economy of Things with decentralized infrastructure and machine ownership.
GEODNET is a DePIN project focused on creating a decentralized network of GNSS base stations. These devices improve GPS accuracy by delivering real-time correction data, enabling precise location services for autonomous vehicles, drones, and smart agriculture.
How it Works
Users install a GNSS mining station that connects to the GEODNET blockchain. The station transmits real-time satellite data which contributes to a global correction layer, enhancing standard GPS precision from meters to centimeters.
Use Cases
Autonomous parking, charging, and vehicle services
Machine-to-machine payments
Rewarding devices for contributing data or services
Potential Earnings
| Activity | Hardware Cost | Monthly Earnings (est.) | Break-even Period | Notes |
|---|---|---|---|---|
| Vehicle or robot registration | Varies (custom hardware) | €20–€60 | Depends on use | Depends on ecosystem integration |
| IoT Data Contribution | €50–€150 | €10–€40 | 2–6 months | Rewards via machine data economy |
Token Rewards
Station operators earn GEOD tokens based on uptime, signal quality, and location demand. Urban and underserved areas may receive higher incentives to ensure broad coverage.
Get Involved
Visit peaq.network to learn more and explore dApps, machine ID registration, and staking options.