1. Geodnet Knowledge Base
  2. Project Strategy, Team/Governance, Future Blockchain

How is the GEODNET growing revenue with miners?

We sell data and services to traditional Web2 clients – a number of these have been
publicly published, including in our investment press release.
Unlike many Web3 projects, we do have strong business operations today in the Web2
world, and there is no lack of demand. Due
to the nature of how web2 businesses operate in a traditional way, we provide USD
payment rails which are used to fund token by-backs at 80% level as previously shared and
driving the ongoing GEOD token burns.