Geon Network is a service that allows you to create virtual objects (Geons) located anywhere in the world. You can deposit funds (Geon Coins) in Geons, which can be withdrawn by anyone nearby. In order to withdraw, users need to complete the tasks defined by the Geon creator.
Marketing & Advertising
If you are a business owner, Geon can help you attract customers to your business location. You don’t have to spend money on marketing fees or pay ad publishers.
Fun & Games
When you organise an outdoor game that involves traveling to multiple locations (e.g. orienteering), set up Geons along the way and reward players for reaching the checkpoints. They will receive the rewards instantly.
In-app fund transfers
Geon App user can create a new Geon and top it up, top up an existing one or simply transfer funds to another user directly.
You define the tasks that must be performed before funds can be withdrawn from your Geon. Does the user have to be present at a geolocation for a specific amount of time? Do they have to provide a password or scan a QR code? These and many more options are possible with Geon.
Using the Geon App, you can transfer your Geon Coins to a supported cryptocurrency exchange or convert them directly to a fiat currency.
Geon App uses Augmented Reality (AR) technology (merging live camera feed with computer-generated 3D objects) to make it easy for a user to locate a Geon in the real world with high precision.
Geon Network’s use of smart contracts ensures that funds stored in Geons cannot be stolen or corrupted and that geomining is censorship-free (meaning no one can be prevented from geomining). Geon Network uses advanced geolocation verification methods to prevent dishonest geomining. Some of them include (not an exhaustive list): WiFi Positioning Systems for indoor localization, neighbor verification (see the Geon Yellowpaper), movement pattern recognition. To counter bot geomining, Geons can be protected with passwords, captcha puzzles, and more.
Personalization and Customization
Businesses can build brand awareness by adding their logo to the Augmented Reality image of their Geon. If you’re an individual, why not add an avatar instead and share your Geon with friends? You can define many different tasks you want the geominers to complete before they can receive the Geon Coins stored in your Geon.
ETH, BTC, FIAT for private rounds
United States of America, Afghanistan, Bosnia and Herzegovina, Central African Republic, Cuba, Democratic Republic of the Congo, Democratic People's Republic of Korea, Eritrea, Ethiopia, Guinea-Bissau, Guyana, Iran, Iraq, Libya, Lebanon, Pakistan, Serbia, Somalia, South Sudan, Sudan, Sri Lanka, Syria, Trinidad, Tunisia, Uganda, Vanuatu, Yemen. People's Republic of China or an entity formed under the laws of the People's Republic of China.