1. Geodnet Knowledge Base
  2. Tokens, NFT, & Wallets

What is the revenue model for the GEOD project? Does the team's income primarily come from the sale of hardware or are there other sources of revenue such as token sales or selling data?

The GeoDAO foundation's founders are currently working on the GEOD project without any compensation beyond their token position. The supporting team is a combination of paid employees and members receiving future token grants. While selling hardware is not the main focus of the founders, it is essential to bootstrap the ecosystem. The team is primarily focused on building the network and offering data services to drive the ecosystem, with the ultimate goal of benefiting from the utility token. There are plans for an Initial Exchange Offering, and interested parties can refer to the October 6 AMA for updates.