[ANN] [GEO] GeoCoin | GIS & GeoTechnologies

[weifa]

Last night we made some more progress to our upcoming Proof-of-Location (PoL) $GEO drop interface.  If you don't see any $GEO on the map nearby, simply pan/zoom the map into your local area or turn on your smartphone GPS to center the map.  You can then drop a magnet onto the map which will attract $GEO to places nearby.  Development of the interface will continue this week and we hope to have it ready for users to start contributing shortly!

https://twitter.com/geo_coin/status/1022207092638138369

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[revilo]

There is no calculation that is perfect. Qubit appears to be sufficiently uncommon that it is alright for the present and very suggested by this network. It will be less inclined to be abused at the beginning.Looking forward to the launch!!!

The Qubit POW chain is now developer abandoned.  In early January, GeoCoin migrated over to the Ubiq Network as an ERC20 token.

Once our new interface launches, the only way to 'mine' the remaining GEO supply will be through Proof-of-Location where users collect GEO right off the map using their smartphone GPS.

Just wanted to help clear up your confusion.

I heard there are applications that allow you to fake your geolocations. In how far is that a problem for GeoCoin and how do you make sure that that can't happen?

[weifa]

There is no calculation that is perfect. Qubit appears to be sufficiently uncommon that it is alright for the present and very suggested by this network. It will be less inclined to be abused at the beginning.Looking forward to the launch!!!

The Qubit POW chain is now developer abandoned.  In early January, GeoCoin migrated over to the Ubiq Network as an ERC20 token.

Once our new interface launches, the only way to 'mine' the remaining GEO supply will be through Proof-of-Location where users collect GEO right off the map using their smartphone GPS.

Just wanted to help clear up your confusion.

I heard there are applications that allow you to fake your geolocations. In how far is that a problem for GeoCoin and how do you make sure that that can't happen?

We use GIS analyses to detect if users spoof their GPS location.  Anyone who spoofs their position is banned instantly.

[weifa]

Adding in some more background analysis to the Proof-of-Location (PoL) $GEO drops interface to help make it more robust.

https://twitter.com/geo_coin/status/1022689396225699843

[weifa]

We took the weekend off to enjoy some of the awesome sunny weather with some friends.  Developments continue this week on the upcoming Proof-of-Location (PoL) $GEO drops interface.  We will be adding in a few more background checks to make it a bit more robust, and there are a few other loose ends we'd like to improve before we launch it to the community.   

https://twitter.com/geo_coin/status/1023975529102237696

[revilo]

There is no calculation that is perfect. Qubit appears to be sufficiently uncommon that it is alright for the present and very suggested by this network. It will be less inclined to be abused at the beginning.Looking forward to the launch!!!

The Qubit POW chain is now developer abandoned.  In early January, GeoCoin migrated over to the Ubiq Network as an ERC20 token.

Once our new interface launches, the only way to 'mine' the remaining GEO supply will be through Proof-of-Location where users collect GEO right off the map using their smartphone GPS.

Just wanted to help clear up your confusion.

I heard there are applications that allow you to fake your geolocations. In how far is that a problem for GeoCoin and how do you make sure that that can't happen?

We use GIS analyses to detect if users spoof their GPS location.  Anyone who spoofs their position is banned instantly.

And is that GIS analysis tool totally safe or could it also be fooled by some sophisticated attempt to fake the geo location?

[weifa]

There is no calculation that is perfect. Qubit appears to be sufficiently uncommon that it is alright for the present and very suggested by this network. It will be less inclined to be abused at the beginning.Looking forward to the launch!!!

The Qubit POW chain is now developer abandoned.  In early January, GeoCoin migrated over to the Ubiq Network as an ERC20 token.

Once our new interface launches, the only way to 'mine' the remaining GEO supply will be through Proof-of-Location where users collect GEO right off the map using their smartphone GPS.

Just wanted to help clear up your confusion.

I heard there are applications that allow you to fake your geolocations. In how far is that a problem for GeoCoin and how do you make sure that that can't happen?

We use GIS analyses to detect if users spoof their GPS location.  Anyone who spoofs their position is banned instantly.

And is that GIS analysis tool totally safe or could it also be fooled by some sophisticated attempt to fake the geo location?

There have been 128 users banned to date who attempted to spoof their GPS locations.  That being said no system is ever 100% fool proof but we are aware of it and actively trying to manage any risks associated with GPS spoofing.

[weifa]

I added a few weeks ago the GeoCoin (GEO) to my homemade calculator and is able to provide you with some interesting statistics and graph about this coin.
https://shittomine.com/calculator/coin/GEO/

Although the original POW blockchain is still running, it is considered developer abandoned.  GeoCoin migrated over to the Ubiq Network back in January of 2018, this ended the POW mining phase for GEO.  Just wanted to let you know that if you mine the original chain it will not be credited on the Ubiq Network, and will only be tradeable at Yobit since they never delisted the legacy chain.  The original chain also doesn't match up to the Bittrex and Cryptopia market prices you are currently using in your metrics.

I suggest you pull this from your listings as the information is inaccurate and misleading.

[weifa]

I was able to mail out 3 more physical trackable $GEO to some community members in North America.  This will help the geocaching.com trackables get spread out on their journey around the world from cache to cache.

https://twitter.com/geo_coin/status/1024856939316957185

[weifa]

Just picked up a copy of Normal Books 2018 Standard Catalog of Cryptocurrencies off of Amazon.  It features information on $UBQ, $GEO and many other interesting projects.

https://twitter.com/geo_coin/status/1025075259290992641

[weifa]

Just picked up a copy of Normal Books 2018 Standard Catalog of Cryptocurrencies off of Amazon.  It features information on $UBQ, $GEO and many other interesting projects.

https://twitter.com/geo_coin/status/1025075259290992641

Wow! They put GeoCoin among 37 top coins on the cover of book.
And all this without any marketing. I think you should be proud a lot with your project. It is really awesome and impressing.
I like very much to follow you and to be a witness of how GEO will gain immense popularity and global acceptance.

Yes I couldn't agree more!  GEO seems to be gaining in popularity significantly!  I would still like to expand our reach further into the existing geocaching.com community which has millions of caches and users worldwide.  Can't wait until we start dropping cash on the map for GeoCashers to pick up!

[weifa]

Getting an early start this weekend continuing development.  We are building in some additional spatial, temporal and quantitative background checks to make sure our upcoming Proof-of-Location (PoL) $GEO drops interface is ready to go.  Also gathering up a few graphical assets in preparation for the upcoming launch.

https://twitter.com/geo_coin/status/1025755163011641345

[supermoney]

Getting an early start this weekend continuing development.  We are building in some additional spatial, temporal and quantitative background checks to make sure our upcoming Proof-of-Location (PoL) $GEO drops interface is ready to go.  Also gathering up a few graphical assets in preparation for the upcoming launch.

https://twitter.com/geo_coin/status/1025755163011641345

What do you mean? How long to see PoL steady & running to public? Let us know please because you already start talking about "upcoming" 

[alexinv]

   weifa, I'm joining to the abovementioned question and have mine. The idea of PoL is brilliant and an opportunity for users to drop coins on a map as well. But did you ever think of unfair consequences of dropping coins in case when some one would place its coin on a map at a deserted district as a decoy to wait a person and rob him afterwards? Maybe this depicted case necessitates such a measure as passing kyc for users who wants to place theirs coins on a map but I think it is not so satisfactory idea on the reason people are usually unwilling to pass kyc. maybe you have something ingenious on your mind to prevent such unfair cases

[meyer]

   weifa, I'm joining to the abovementioned question and have mine. The idea of PoL is brilliant and an opportunity for users to drop coins on a map as well. But did you ever think of unfair consequences of dropping coins in case when some one would place its coin on a map at a deserted district as a decoy to wait a person and rob him afterwards? Maybe this depicted case necessitates such a measure as passing kyc for users who wants to place theirs coins on a map but I think it is not so satisfactory idea on the reason people are usually unwilling to pass kyc. maybe you have something ingenious on your mind to prevent such unfair cases

you would have the same situation with each and every GEOcache. You could wait next to a Geocache and wait there to rob people who come there (usually with there smartphone, some equipment and fiat money in their pocket)

That makes no sense 

[alexinv]

   weifa, I'm joining to the abovementioned question and have mine. The idea of PoL is brilliant and an opportunity for users to drop coins on a map as well. But did you ever think of unfair consequences of dropping coins in case when some one would place its coin on a map at a deserted district as a decoy to wait a person and rob him afterwards? Maybe this depicted case necessitates such a measure as passing kyc for users who wants to place theirs coins on a map but I think it is not so satisfactory idea on the reason people are usually unwilling to pass kyc. maybe you have something ingenious on your mind to prevent such unfair cases

you would have the same situation with each and every GEOcache. You could wait next to a Geocache and wait there to rob people who come there (usually with there smartphone, some equipment and fiat money in their pocket)

That makes no sense 

yes, you are right but in crowded places the possibility of such consequences will be diminished especially with kyc passed, I meant deserted districts. The same situation was with PokemonGo but on my way of thinking this challenge is not solved yet

[meyer]

   weifa, I'm joining to the abovementioned question and have mine. The idea of PoL is brilliant and an opportunity for users to drop coins on a map as well. But did you ever think of unfair consequences of dropping coins in case when some one would place its coin on a map at a deserted district as a decoy to wait a person and rob him afterwards? Maybe this depicted case necessitates such a measure as passing kyc for users who wants to place theirs coins on a map but I think it is not so satisfactory idea on the reason people are usually unwilling to pass kyc. maybe you have something ingenious on your mind to prevent such unfair cases

you would have the same situation with each and every GEOcache. You could wait next to a Geocache and wait there to rob people who come there (usually with there smartphone, some equipment and fiat money in their pocket)

That makes no sense 

yes, you are right but in crowded places the possibility of such consequences will be diminished especially with kyc passed, I meant deserted districts. The same situation was with PokemonGo but on my way of thinking this challenge is not solved yet

there are millions of geocaches in deserted areas... biggest problem there is when you break your leg there 

[alexinv]

   funny  but this problem is reckoned to be serious, it's suffice only one person to be found in such situation of robbery and in the short run to publish about such actions of unfair people withing this project and this geoproject can be abandoned by many users. it is better to pay attention to this eventuality sooner than later

[weifa]

At the current time our interface is designed to allow any user to drag and drop GEO onto the map, but I do hear what you're saying about the risks involved with this style of interaction.  We could make the ability to drop something that must be "earned" by the GeoCasher before it becomes activated.  We will also be doing the Proof-of-Location drops which we aim to place in open public spaces such as parks to keep users away from roadways etc.

With any GPS based game you always need to be aware of your surroundings and the risks involved with them.  Thanks for the feedback!

[weifa]

Getting an early start this weekend continuing development.  We are building in some additional spatial, temporal and quantitative background checks to make sure our upcoming Proof-of-Location (PoL) $GEO drops interface is ready to go.  Also gathering up a few graphical assets in preparation for the upcoming launch.

https://twitter.com/geo_coin/status/1025755163011641345

What do you mean? How long to see PoL steady & running to public? Let us know please because you already start talking about "upcoming"  

We will be launching our Proof-of-Location interface shortly which will allow users to drop magnets onto the map to attract GEO to nearby locations.  In terms of launching the GeoCashing interface to the community, we still need to configure the wallet backend with the assistance of the KryptoTech team.  We don't have any fixed date set, but I'm personally aiming to try and launch it during Q3 or Q4 of 2018.

Still lots of things to test and debug before it's fully launched, but we're keeping it GEOing!

https://twitter.com/geo_coin/status/1026610854131785728