$GEOD Token Rights
Updated Mar 10, 2026Overview
- Token(s)
- GEODsGEODveNFT
- Token Type
- GovernanceUtility
- Utility
- Staking, payments
The GEOD token is the native utility token of the GEODNET network and is primarily used to reward users who have installed Satellite Miners and to pay for RTK data services.
Governance Rights
ControlTo participate in submitting proposals and voting on approved proposals, users must hold a Location NFT, have staked GEOD tokens in a SuperHex, or hold locked GEOD tokens
Governance Decisions
veNFTsGEOD
Treasury Decisions
N/A
Revenue Decisions
N/A
Fee Switch
ONPortion of data revenue is used to buy back and burn GEOD tokens
Primary Value Accrual
Deflationary supply reductionValue accrues through buybacks & burns of the GEOD token
Economic Rights
Value Capture80% of revenue is allocated to buying and burning GEOD tokens, with the remaining 20% directed to the GEODNET Foundation
Buybacks
GEOD
Dividends
N/ABurns
ActiveOwnership
Raise History
2 rounds · $11.5m total| Date | Amount | Round | Valuation | |
|---|---|---|---|---|
| Feb 25, 2025 | $8m | Strategic | — | |
| Feb 28, 2024 | $3.5m | Seed | — |
- Fundraising
- Unknown
- Equity Revenue Capture
- Partial
- Associated Entities
- DAOFoundation