How onocoy Is Reshaping the GNSS Industry With Its Blockchain-Powered, Open Ecosystem
For 25 years, the GNSS technology industry has struggled with a fundamental problem. While GNSS devices have become dramatically cheaper, correction services remain expensive and limited in coverage. It's a barrier that's kept precise positioning locked away in niche markets.
But today, we're changing that story with onocoy – the world's first open, hardware-agnostic, community-powered RTK network for precise global positioning.
Think about how the internet transformed communications. Before, each company built and maintained its own infrastructure. Today, we share a common network that connects everyone.
onocoy is bringing that same shift to positioning technology. It’s open and hardware-agnostic, allowing any reference station to participate instead of locking users into closed systems. By encouraging ecosystem partnerships rather than monopolizing access, onocoy prioritizes market expansion over customer extraction, increasing the total addressable market and creating new opportunities for everyone involved.
Instead of isolated networks, onocoy is an aggregator of data for the demand side and creates a shared infrastructure that everyone - Correction Service Providers (CSPs like Hexagon, Trimble, Swift Navigation, PointOne Navigation, u-blox, Hemesphere, etc.), System Providers (OEMs like Husqvarna, Tesla, etc), and End Users (surveyors, farmers, urban planners, construction firms, precision agriculture companies)can use and contribute to. CSPs can scale easily without building their own systems, Solution Providers can bundle GNSS data with their products, and End Users get reliable, affordable positioning for their operations.
onocoy’s horizontal approach isn’t just about cost savings; it’s more scalable and sustainable. By decoupling hardware and software and using blockchain for transparency, we foster innovation and allow the network to grow organically. No one owns the network,it’s a collaborative, community-powered system. This approach promotes ecosystem partnerships and encourages collaboration across all sectors, instead of monopolizing the market.
Instead of a few big players spending millions to build isolated networks, thousands of independent operators come together, each adding a piece to the puzzle. The more stations join, the stronger and more affordable the network becomes. By distributing the investment across many participants, the cost burden is broken down into smaller, manageable parts, making it easier for operators to contribute. At the same time, the platform's openness and flexible monetization model,such as pay-per-use accessdrive adoption. As more users join, the investment is spread across a larger base, reducing costs for everyone. Growth fuels lower costs, and lower costs drive more growth.
The math is simple but powerful. When thousands of community members contribute to a single network, it becomes denser and additional territories will be covered. Traditional GNSS correction service providers spend millions building their own infrastructure,deploying hundreds or thousands of reference receivers across different regions. They have to recover those costs by selling high-priced data services. Since their infrastructure investment can only be amortized through their own correction services, they build closed systems to lock in customers and maximize price rather than usage. As a result, only high-revenue areas will be covered, while developing and emerging countries forgo the benefit of high-precision GNSS.
onocoy, on the other hand, harnesses the power of community, allowing it to grow faster while keeping costs low. In less than two years, onocoy has grown to more than 4,500 validated miners. This isn't just about saving money - it’s proof that a decentralized, community-driven network can scale faster and more efficiently than traditional models.
People often ask why anyone would participate in onocoy’s DePIN network. The answer lies in the power of aligned incentives. Every contributor earns rewards for helping the network grow.
People join onocoy’s network because rewards flow where they’re needed most. Stations in undercovered areas earn more, while those in crowded spots see reduced payouts, guiding growth naturally. The system also values accuracy and availability—stations delivering high-quality, uninterrupted data receive higher rewards over time. It’s a dynamic, self-balancing system that keeps the network strong and expanding in the right places.
When onocoy’s customers need more coverage in specific areas, we increase those rewards. It's creating a living, breathing network that grows organically to meet real needs. Thousands of stations in Australia, Brazil, Germany, Russia, South Korea, Uganda, and the United States are contributing data, and we're just getting started.
onocoy’s Mission: Leverage Web3 Technology
Trust is essential in the GNSS technology industry. That’s why onocoy is built on blockchain technology—not just for transparency, but to solve fundamental problems that have long plagued the sector. By leveraging blockchain and DePIN (Decentralized Physical Infrastructure Network) principles, onocoy achieves maximum efficiency, eliminates vendor lock-in, enables a fair and open ecosystem, and makes high-precision GNSS correction services more accessible.
For years, correction data has been controlled by a few major providers, keeping prices high and coverage inconsistent. Traditional attempts to source correction data or form joint ventures failed due to commercial and logistical barriers. The introduction of DePIN provided a breakthrough, allowing a community-driven model that makes scaling possible. With blockchain ensuring every transaction is visible and verifiable, onocoy creates a trusted, shared infrastructure where any reference station that meets quality standards can participate.
This means no more black-box pricing, restrictive agreements, or fragmented networks—just clear, affordable access to high-precision positioning for industries that need it most.
Remember when you had to buy your phone and service from the same company? We've moved past that in telecommunications, and now we're bringing that same freedom to GNSS systems. By separating hardware from software, we're unleashing innovation. Developers can create new applications without worrying about hardware constraints, just like internet developers don't worry about what router you're using.
The Unique Ways onocoy is Redefining the GNSS Industry
onocoy's Breakthrough
Within days of announcing our vision, major correction service providers were reaching out. They immediately understood the potential of onocoy - a way to break free from the limitations of traditional infrastructure. onocoy’s decentralized and hardware-agnostic approach isn't just different - it's fundamentally more efficient, more scalable, and more sustainable. By prioritizing market expansion over customer extraction, we're enabling broader adoption and fostering innovation across industries.
onocoy’s strength lies in being hardware agnostic, meaning any manufacturer's equipment can join our network if it meets quality standards. This openness, combined with blockchain-powered transparency, is why partners like SparkFun, Locosys, and ArduSimple are already working with us to expand coverage across Europe. Our model encourages ecosystem partnerships, allowing businesses to collaborate and expand the market instead of competing for limited resources.
Our approach is not to compete with existing players but to provide a solution that supports and strengthens the industry. onocoy acts as a platform that bridges various stakeholders, creating business opportunities across the value chain. Furthermore, we welcome stakeholders (i.e. customers, miners, etc.) into onocoy's governance. This ensures that onocoy perfectly serves the GNSS industry's needs and does not compete with it. onocoy’s ecosystem enlarges the pie for everybody’s benefit; it’s not about dividing it differently.
Miners set up and maintain GNSS stations, expanding the network while earning rewards. Deployment partners invest in large-scale rollouts, accelerating coverage growth. Hardware manufacturers develop and sell GNSS devices optimized for onocoy, ensuring seamless integration. Correction Service Providers leverage onocoy’s data to expand their offerings without the cost of building their own networks. OEMs and solution providers embed onocoy-powered GNSS data into their products, enhancing functionality and precision. Meanwhile, investors fuel growth by funding expansion, driving the network toward long-term sustainability.
CSPs can now offer global coverage without building their own networks, saving CAPEX and reducing time to market. Equipment manufacturers can bundle high-precision services with their products. Community members can earn rewards for contributing to the infrastructure. It's a complete transformation of how the GNSS industry operates and a preparation for the expected movement - and growth - in the GNSS ecosystem.
The GNSS industry is gearing up for massive market growth. By 2033, the global GNSS downstream market is projected to hit $ €580 billion, growing at a steady compound annual growth rate (CAGR) of over 8%. About 80% of that revenue will come from value-added services. onocoy unleashes massive growth in added-value services thanks to its innovative monetization with pay-per-use, lower total cost and global coverage.
But the opportunity doesn’t stop there. The GNSS market is on a fast track to massive growth, climbing from a TAM of $250 billion by 2028 to as much as $1–2 trillion by 2035 as industries like construction, agriculture, and autonomous systems evolve. With this surge, onocoy isn’t just keeping up—it has the potential to capture nearly $1 billion in the serviceable obtainable market, turning this expanding demand into real opportunity.
The demand for high-precision GNSS is already on the rise. Industries like mining, agriculture, and automotive are leading this charge. The need for accessible, scalable, and affordable GNSS solutions has never been greater, and onocoy is stepping in to fulfill it.
Join the Future of GNSS
This is more than just a business opportunity - it's a chance to be part of a fundamental transformation in how the location industry works. onocoy's RTK service offers GNSS reference station data with centimeter-level accuracy, leveraging a decentralized, blockchain-based network for affordability, scalability, reliability, and global availability. By rapidly scaling its dense global network through crowdfunding (DePIN), onocoy ensures broad coverage, low latency, and rigorous data quality control. Its adherence to international standards like RTCM (Radio Technical Commission for Maritime Services) and NTRIP (Networked Transport of RTCM via Internet Protocol) ensures compatibility with all existing GNSS receivers, making it an ideal solution for industries requiring high-precision geospatial data, such as agriculture, UAVs (Unmanned Aerial Vehicles), and autonomous navigation, at an accessible cost
If you're an investor looking to support the next generation of decentralized infrastructure, a service provider seeking to expand your offerings without costly infrastructure, or a GNSS professional ready to leverage an open, community-powered network, we invite you to join us.
Visit onocoy.com to learn how you can be part of this revolution. Together, we're not just building a network - we're creating the foundation for the next generation of location-based innovation.
