The Breakdown of GEODNET Tokens: Where They Go and How to Track Them

• GEODNET allocates a significant portion (35%) of emitted tokens to those deploying GEODNET base stations and providing coverage.
• The total supply of GEODNET tokens is 1 billion, with no additional minting planned.
• The tokens are minted but emitted in segments to reward different project participants.
• Blockchain technology allows for transparency in tracking token movement on a public and immutable ledger.
• PolygonScan provides information about the GEODNET project, including the total supply, contract address, and the number of wallets.
• The Holders tab on PolygonScan reveals important addresses, such as the Pending Burn wallet, which shows the buyback aspect of the project.
• The GEODNET Foundation buys GEODNET tokens with 80% of its revenue from paying customers and burns them to a "dead" wallet.
• The burn wallet permanently removes tokens from circulation, and their movement can be tracked but not retrieved.
• Staking GEODNET tokens can earn a 10% reward, while deploying a miner can result in up to 14 times the token rewards.
• Understanding the allocation and movement of GEODNET tokens provides insight into the project's operations and transparency.

Note: This article is not financial advice and is written by an individual affiliated with GEODNET.