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DePIN for TradFi: A GEODNET Valuation and Breakdown

DATE POSTED:October 23, 2024

GEODNET cuts the cost of deploying an RTK station by over 90%, operating the world's largest RTK network in just a few years of operations. We breakdown GEODNET's architecture, DePIN incentive design, and competitive positioning to assess if GEODNET can sustain revenue growth and build a fundamentals based business. The report includes TAM estimates and growth projections for the RTK correction services market and a valuation model for the GEOD token, incorporating financial analysis techniques from traditional finance.

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