The GeoCoin is an interconnected arrangement of mini grids that work with exchanges inside and between mini grids: from the apparatus level and utilization, to capacity and age. This re-engineers lattices to work as a shrewd helpful framework, where gadgets in the organization change their way of behaving to suit nearby network needs and the requirements of people, in light of monetary motivations.
About GeoCoin
GeoCoin has made a genuine scrounger chase where clients are compensated with digital currency! Clients can move GEO on to the guide for others to gather in a fun blockchain gaming client experience fueled by Ubiq. We want to carry GIS and GeoTechnologies to the blockchain to attempt to drive mass reception of digital currency. We intend to do this by eliminating boundaries of passage to new clients entering the cryptographic money scene. We are as of now effectively beta testing, it is allowed to join and open to everybody. Basically clients can Sign Up, Login, turn on their cell phone GPS and explore the area of the closest GEO to acquire their first cryptocurrency!GeoCoin is an ERC20 Token on the Ubiq Network. We moved a depiction of all adjusts in January 2018 from our unique Qubit Proof of Work blockchain, caught at block # 1568125. The ERC20 token is at present exchanging at Bittrex, CatalX and CryptoFacil trades.
Confirmation of Location: The rest of the GEO supply will be dropped onto the guide for assortment through Proof of Location (PoL), with an absolute GEO supply covered at 4,000,000 GEO. The excess 598,875 GEO will be disseminated at a pace of approximately 50,000 GEO each year.
See no GEO close by? Don’t worry about it! Head on over to our new PoL GEO Drops Interface, skillet and zoom into your neighbourhood drop a magnet. This magnet will draw in GEO to local spots!
What is GeoCoin [GEO]?
GeoCoin has made a true scrounger chase compensated with digital currency. Clients can relocate GEO on the guide for different clients to gather. Clients can ‘mine’ GEO through an interaction alluded to as Proof-of-Location (PoL). Basic login, turn on your cell phone GPS and explore to the area of the closest GEO. When clients get inside 5 metres (15 feet) they will gather the GEO off the guide. GeoCoin makes a fun blockchain gaming experience that rewards sound ways of life through advancing outside sports and diversion. GeoCoin is an ERC-20 token facilitated on the Ubiq Network. First sent off in January 2015 as a Proof-of-Work Qubit blockchain, GeoCoin relocated to the Ubiq Network in January 2018 and has kept on developing with the local area. Clients can go to the #geo direct in the Ubiq people group Discord to get everything rolling.
What Makes GeoCoin Unique?
The primary objective of the GeoCoin project is to carry GIS and GeoTechnologies to the blockchain. By consolidating GeoCashing innovation with blockchain, clients can procure cryptographic money while out investigating their neighbourhood environmental elements. This sort of true gaming has been filling in fame over ongoing years. GEO drops can store assortment messages, making it conceivable to incorporate extra awards and resources, for example, online gift vouchers, coupon codes and possibly NFTs soon. One more fundamental objective of the GeoCoin project is to advance mass reception of blockchain innovations through gaming. GeoCoin is allowed to utilize and open to anybody everywhere.
Where Can You Buy GeoCoin [GEO]?
GeoCoin can be bought on Bittrex utilizing the [Bitcoin] exchanging pair.
Frequently Asked Questions
What number of GeoCoin (GEO) Tokens Are There in Circulation?
There was around 3.19 million GEO available for use as of March 2021. The coursing supply keeps on developing at a pace of approximately 50,000 GEO/year as extra GEO are dropped on the guide. Clients can utilize a connection point to put magnets on the guide which will draw in future GEO to be dropped in neighbouring green spaces like parks.
There is just a single adaptation of the GEO token accessible: an ERC-20 token on Ubiq.
How Is the GeoCoin Network Secured?
The GeoCoin token is obtained by the excavators of Ubiq, utilizing the Ubqhash mining calculation. This calculation was obtained because of an administration vote utilizing the Escher administration framework, which got 95% help from the local area. The target for UIP#1 proposition was to foster a free evidence-of-work mining calculation to diminish the gamble of 51% mining rental goes after that had impacted other Ethash based chains.
GeoCoin Official Website –http://geo.money/
GeoCoin Official Twitter –https://twitter.com/geo_coin
