GEODNET is building a decentralized GPS network based on Polygon PoS

Golden Finance reported that Polygon Labs strategy director sanket.polygon posted on the X platform that decentralized network hardware infrastructure company GEODNET is building a decentralized GPS network based on Polygon PoS, and each node will receive token rewards for running. Allows the use of USD revenue to buy back and burn tokens. So far, GPS Network has burned nearly $1 million in tokens. According to previous news, GEODNET, a decentralized network hardware infrastructure company, announced the completion of a new round of strategic financing of US$2 million, with participation from CoinFund, Pantera Capital, VanEck, and Santiago R Santos.