onocoy

onocoy

Slogan: Enabling mass adoption of high precision positioning using blockchain technology

Description: onocoy is a community-powered GNSS reference station network that provides high-quality RTK reference station data to enable ultra-precise positioning. onocoy ensures a high data quality through rigorous data validation and by incentivizing operators of reference stations with rewards. The community will quickly grow into the densest network of GNSS reference station on earth and become a shared infrastructure for the high-precision GNSS industry. Stakeholder participation in network ownership and governance ensures full focus on users and market needs.

Founded: 2022

Industries: Blockchain, Robotics

Headquarter: Switzerland

Last Investment: €100.00K Grant investment at 28 June 2023

Last Investment Investors: European Union Agency for the Space Programme

Analyzing onocoy, it stands out as a promising startup, leveraging blockchain technology to enable mass adoption of high precision positioning. The company's vision of establishing a dense network of GNSS reference stations and incentivizing operators with rewards demonstrates a strong focus on data quality and community engagement. With a recent €100.00K grant investment from the European Union Agency for the Space Programme, onocoy has not only attracted external funding but also gained recognition from a reputable investor. The geographical location of Switzerland further enhances the startup's credibility, considering the country's reputation for innovation and technology. This strategic positioning, along with its focus on high-precision GNSS and blockchain, could render onocoy as a noteworthy player in the industry.