Built on Web3 technology, Onocoy Token (ONO) is a decentralized platform that enables the global, community-driven distribution of high-precision GNSS correction data. This innovative solution revolutionizes the high-precision GNSS landscape by separating the operation of reference stations from the provision of value-added services, creating new opportunities for everyone in the market.
The Onocoy Token (ONO) network operates as a dense network of GNSS reference stations that provides high-quality GNSS (RTK) reference station data for ultra-accurate positioning. The platform uses blockchain technology to unlock high-precision positioning for everyone, making it accessible and affordable for individuals, businesses, or institutions. Onocoy's decentralized infrastructure collects and aggregates GNSS correction data in a standardized format (RTCM3), ensuring data quality through rigorous checks and validation.
Onocoy Token (ONO) has various use cases and utilities, including autonomous drones, commercial robots, vehicle positioning, and consumer robots. The token provides value to holders by enabling seamless micropayments for users, ensuring transparency and efficiency in the payment process. Onocoy's network is already expanding rapidly, with over 4500 reference stations and 168 countries covered.
The Onocoy team combines a vast range of expertise in GNSS, information technology, distributed ledger & blockchain technology, and marketing. The team has a track record of successful entrepreneurships and is constantly looking for ambitious, passionate people to join the community-powered GNSS reference station network. Onocoy's supreme authority is the onocoy Association, which manages the platform, governs strategy, funding, and holds all intellectual property relating to the platform.
Onocoy Token (ONO) has achieved significant milestones, including scaling in the correction service provider segment, website launch, product launch, and miner focus campaign in Southeast and East Asia. The team is committed to further developing the platform, with upcoming plans including CEX integration, mass provisioning of reference stations, public API, on-chain governance, decentralized validators, and multi-chain support.
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