geodnet

Node count alone doesn't mean much in #DePIN
The real question I ask is:
Who is actually paying for the data these nodes produce?
#GEODNET stands out in this regard.
With 22,000+ physical stations across 150+ countries, it provides centimeter-level positioning data.
This data is used in #drones , #robotics , agriculture, and autonomous systems.
More importantly, there's a real revenue model behind it.
GEODNET uses 80% of its revenue for $GEOD buybacks and burns.
The model is simple:
Real-world usage
→ Real revenue
→ $GEOD buybacks
→ Token burns
Market cap is around $140M.
Annualized revenue is approximately $8.4M.
But that's not the main thing I'm watching.
Are token burns actually offsetting new token emissions?
Because a project generating revenue doesn't automatically make its token a good investment.
What matters is how that revenue flows back into the token's economics.
That's why I'm looking into GEODNET.