Organization Name – GEODNET

Category – RWA

About

powered by irmaAI

GEODNET, based in San Francisco and operating since 2023, is a real-world DePIN network — a crowdsourced RTK positioning grid, launched that year, with a Burro robotics partnership following in 2024. That’s a physical-infrastructure product that either works in the field or it doesn’t; there’s no way to fake centimeter-level GPS correction data at scale.

Three team members are named and none is identity-verified — founder Mike A. Horton, Head of Web3 Development Xiaohu Chen, and Community Lead Zoey Zhang. RMA™ status is Unverified across all seven pillars.… VBTransparencyScore 6.57 at the 50th percentile, ranked 10th of 19 in RWA. The token flag reads "yes" but no ticker is populated in the structured field, even though GEODNET’s own materials reference GEOD tokens directly — an incompleteness in the record, not a contradiction of it.

X carries 67,696 certified followers, a real audience for infrastructure-layer hardware. Independent corroboration exists: Bad Elf’s own site confirms the hardware partnership GEODNET claims, alongside Coinbase and Kraken listing pages. What’s still missing is a named-team, independent-press account of how the RTK network actually performs at scale — the hardware story checks out; the operating-team accountability behind it doesn’t yet. Read More