GeoCash

What Is GeoCash?

It is an app, developed by GeoDB, that rewards users in exchange for sharing their data.

GEO is the token that is rewarded to geoCash users when they share their data. This token is deployed in the Ethereum network and follows the ERC-777 token standard.

What is necessary to operate with the GEO?

i) An Ethereum wallet,

ii) an application compatible with the ERC-777 or ERC-20 standard (like geoCash) and

iii) GEOs to be transfered.

I sent GEOs to the exchange X and they don't show up on my account. What's going on?

The exchange is operating with GEOs on the main-net. Although the same source code is used in the contract, it does not have the same address. In other words, it's not the same token.

What is a KG or a MG?

These are different ways of counting GEOs. A GEO has 18 decimals and there are millions of them, to facilitate operations we need to use different notations.

What units are there?

• 1_000_000_000 GEO = 1 GigaGEO = 1 GG

• 1_000_000_000 GEO = 1 GigaGEO = 1 GG

• 1_000_000_000 GEO = 1 GigaGEO = 1 GG

• 1_000_000_000 GEO = 1 GigaGEO = 1 GG

• 1_000_000 GEO = 1 MegaGEO = 1 MG

• 1_000 GEO = 1 KiloGEO = 1 KG

• 1 GEO

• 0.001 GEO = 1 miliGEO = 1 mG

• 0.000_001 = 1 microGEO = 1 μG

• 0.000_000_001 = 1 nanoGEO = 1 nG

• 0.000_000_000_001 = 1 picoGEO = 1 pG

• 0.000_000_000_000_001 = 1 femtoGEO = 1 fG

• 0.000_000_000_000_000_001 = 1 attoGEO = 1 aG

What data is shared?

Currently, the application shares locations, battery levels, device information, telephony signals detected and the list of applications installed on the device.

What does GeoDB do with this information?

The data is used to generate verified datasets that are acquired in GEOs.

Is it possible to acquire a given user's data?

No

Is my email linked to the information I share?

No

If you still have any questions or issues, feel free to reach us over the live chat in our discord or telegram channel