Geon Network Limited operates an innovative online platform designed for individuals and businesses, enabling users to explore various locations and collect GeonCoins, which can be exchanged for rewards such as prizes, gift cards, and cash transfers. Businesses can create a Geon, populate it with GeonCoins, and attract customers to their locations, including shops and restaurants. Founded in 2018 and based in Gibraltar, Geon Network utilizes blockchain technology, geolocation, and augmented reality to facilitate value transfers globally. The platform aims to set a standard for a new generation of geolocation-enabled applications, allowing seamless value distribution without the constraints typically imposed by financial institutions.
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