This episode explores GeodNet, a DePIN project aiming to enhance GPS accuracy from meters to centimeters. Founder Mike Horton and investor Christopher Perkins discuss how GeodNet leverages blockchain to build a global network of satellite miners, providing highprecision location data for various industries. They delve into the project's tokenomics, potential use cases ranging from precision agriculture to autonomous vehicles, and the challenges of bridging Web2 and Web3 in infrastructure development. The conversation also touches on the future of DePIN projects and the importance of community building in the crypto space. Thanks for tuning in!

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Arbitrum is a gamechanger for daily Ethereum's users and developers, offering top applications and lower fees. As the leading scaling solution with 600+ apps, explore Arbitrum’s Portal to find your perfect fit. Interact with the home of DeFi, a flourishing NFT and creator ecosystem, and a rapidly growing Web3 gaming hub – Arbitrum has it all. 

Get started at:
portal.arbitrum.io 

Polygon Labs is developing the next generation of open source zeroknowledge tech to aggregate crypto liquidity and user bases with the AggLayer. To support the aggregated future, the Polygon Community Grants Program was launched with 1 billion tokens — all for Polygon builders.

Season One of the community grants program is live now, and features 35 million in MATIC to support the next generation of Polygon projects!

Join the aggregated future today by applying at https://polygon.technology/grants

Mantle recently launched their airdrop program "Rewards Station" to holders of its native token, $MNT. The Rewards Station program distributes presale token allocations or listed token to $MNT holders who stake their $MNT.

Check out the rewards station: https://www.mantle.xyz/rewardsstation

Marinade is the leading Solana staking service that spreads your stake across 100+ top validators, distributes MEV rewards, and provides automatic downside protection with new Protected Staking Rewards. Choose to liquid stake for mSOL for use in DeFi, or delegate your stake through Marinade Native, which gives you full custody of your SOL and no smart contract risk.

Max performance for you, max performance for Solana.
https://blckwrks.co/Marinade

Timestamps:
00:00 Introduction
02:00 What is GEODNET?
10:07 Why Web3 & Not Web2
15:24 Coinfund Investment Thesis
25:04 Adoption at Scale
33:51 Marinade Ad
34:56 Polygon Ad
36:05 Mantle Ad
36:54 Geodnet End Game
41:59 Market Demand
50:16 Future of DePin Valuation
55:58 Importance of Chain Selection

Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.