CoinDCX Lists GEOD Tokens, Expanding into India as the Largest Crypto Exchange to Offer Decentralized High-Precision Geospatial Solutions

GEODNET, a global leader in decentralized high-precision geospatial solutions, is expanding its footprint in India through this strategic move.

CoinDCX, India’s leading crypto exchange, today announced the listing of GEOD tokens on its platform.

GEODNET, a global leader in decentralized high-precision geospatial solutions, is expanding its footprint in India with this strategic move. The listing marks a key milestone in bringing decentralized location intelligence to one of the world’s fastest-growing and most dynamic markets.

Founded by Mike Horton, GEODNET is revolutionizing the geospatial industry by providing real-time, low-cost, and highly accurate location data through a decentralized network. As the company accelerates its expansion in India, it aims to address key local challenges and unlock new opportunities across sectors such as agriculture, infrastructure, mobility, and autonomous systems.

Expanding into India: A Market of Strategic Importance

“India’s vast geography and population present a unique opportunity for geospatial innovation,” said Mike Horton, Founder of GEODNET. “With limited commercial Real-Time Kinematic (RTK) services currently available, and strong partner interest from firms like Quectel Wireless Solutions, we see immense potential to bring precise, decentralized geospatial services to urban and rural areas alike.”

India’s vast geography, varying topography, and decentralized governance model pose interesting challenges for efficient geospatial coverage. To overcome these, GEODNET is deploying a hybrid approach that combines satellite imagery with local ground-truth data, powered by a decentralized network of contributors.

This approach is crucial for mapping India’s diverse agricultural landscape, supporting precision farming initiatives with localized weather and soil analysis. Moreover, decentralized spatial data can support the development of smart cities and efficient logistics networks.

Driving Use Cases Across Industries

GEODNET’s technology is poised to benefit several critical sectors:

Surveying and Drones: Enabling accurate mapping and terrain modeling to support infrastructure and urban planning.

Precision Agriculture: Helping farmers optimize resource use and increase crop yields through detailed geospatial data.

Mobility Solutions: Facilitating autonomous driving technologies, including self-driving tractors, e-scooters, and rideshare fleets requiring precise navigation.

Finally, GEODNET’s commitment to developing high-precision spatial data aligns perfectly with India’s National Geospatial Policy, which aims to integrate spatial information across government and private sectors for sustainable development.

Aligning closely with this initiative, GEODNET is building infrastructure that complements and broadens the scope of the policy. The decentralized nature of GEODNET’s network allows for wider coverage, reaching rural areas that might otherwise be missed. This broad reach is further incentivized by token rewards and advanced deployment strategies like SuperHex to meet localized data demands.

Furthermore, GEODNET is forging partnerships with drone companies, research institutes, and Web3 organizations to deepen its impact in the Indian market. The company’s tokenomics model incentivizes contributors globally, with tailored rewards for Indian participants to encourage network growth and community engagement.

“Our collaboration with CoinDCX and Levitate Labs has been instrumental,” added Horton.

Levitate Labs, a leading India-focused Web3 fund, has supported GEODNET’s expansion through community-building initiatives such as Onchain India, university programs, and support for emerging DePIN projects, helping the company connect with India’s vibrant blockchain ecosystem.

This partnership will enable seamless trading of GEOD tokens, facilitating broader participation from technology enthusiasts and crypto investors in the future of decentralized geospatial intelligence.