Geon Network allows to store value at a geolocation of your choice. Geon Network ICO rating – 84
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Active ICO : 31/01/19 – 31/03/19
Roadmap: 7/10 Legal: 3/5 ICO terms: 3/5
Team: 17/20 Token applying: 5/5 Promotion: 18/20
Rank in IN – 154330, Rank in TW – 25247, Rank in US – 13777, Rank in AU – 48723, Rank in CL – 13710, Rank in AR – 16251, Rank in BR – 35661, Rank in MX – 43569, Rank in CU – 7298, Rank in CA – 20641
About Geon Network ICO (token sale)
Geon ICO is a virtual beacon placed either in a specific location on Earth or bound to another Geon ICO or a mobile device (e.g. a smartphone or a wearable). Geons can be discovered via the Geon App – a client application that runs on a smartphone. Geons can hold Geon ICO Coins, which can be mined using the Geon App. An ATM is a good analogy here – it holds cash, which users can withdraw when they physically locate and operate the ATM. Geons ICO are used in the same fashion – users identify a Geon, either using their phone app or via a link shared by another user. If necessary, they travel, and once within the Geon range, they start mining coins stored in that Geon. This process is called geomining.
Any user can create a Geon ICO and place it at any location on Earth. There is also a special type of Geon, which is not bound to a speci c location, called Global Geon. Users can geomine coins stored in this type of Geon from anywhere in the world, but usually they will need to provide additional information required by the Geon creator (like ll in a survey or solve a puzzle). We expect Global Geons to be used by various companies to perform tasks important for their business, e.g. market research. There will be a limited number of Global Geons. Geons ICO can hold arbitrary amounts of coins. They can be topped up at any time or removed entirely.
The Geon creator can customize a Geon in many ways, which allows for multifarious use cases. Apart from basic properties, like name and location, Geons ICO can have the following features:
- specialized visualizations, which will be viewed by the miners before and during geomining,
- custom geomining policy (mining rate, limits per user, etc.),
- Geon type (stationary, mobile, global),
- social engagement, i.e. in-app comments and user-to-user communication, all associated with a specific Geon.
Some of these will be paid features. Please see the Technology section below for more details on Geon ICO and geomining properties.
Geon is an Augmented Reality application. When in range, miners will be able to use their smartphones to see the visual representation of the Geon within the context of its surround- ings. Custom imagery (still or moving) will be superimposed on the user’s view of the real world at the Geon ICO location (either on the Geon itself or within a certain range). This feature will be useful for branding or promotional campaigns.
In summary, Geons can be viewed as virtual Automatic Teller Machines that can be customized to engage users in ways that have not been previously seen in the market. Geomining is the mechanism that allows users to be rewarded for their presence and engagement at a specific location.