GeoDB is designed to establish an ecosystem that fosters trust and value, connecting users (data contributors), intermediary platforms (data collectors), data buyers or data analysts from various organizations—previously highly fragmented participants—in a unique ecosystem. It leverages the power of distributed ledger technology to provide solutions and create a better, more efficient big data market.

GeoDB utilizes ERC-777 utility tokens as both a medium of value exchange and to incentivize all stakeholders to co-create greater value and utility. A primary goal of GeoDB is to generate trust and value within its ecosystem, and since its inception, it has been committed to building a sustainable value-creation ecosystem. GeoDB will also generate its own unique token.