GeoDB will build a worldwide big data sharing ecosystem that enables users from around the world to gain control, transparency, and value from their self generated data, while data buyers will have an opportunity to purchase verified data in a transparent, easy, and cost-effective way.

Although 'GEO' was the ticker assigned at the deployment of the GeoDB Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'GEODB' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.