Geon Network is a service that allows you to create virtual objects located anywhere in the world. You can deposit funds in Geons, which can be withdrawn by anyone nearby. In order to withdraw, users need to complete the tasks defined by the Geon creator.
The Geon Network allows you to have a virtual ATM anywhere in the world. You could add funds to it and have anyone physically present at the location collect them. With this platform, you could define challenges, like surveys or polls, that need to be completed before the funds can be withdrawn. Geon Network enables B2C and C2C applications that were never possible before. From simple fund transfers, to consumer incentives and brand awareness, to crowdfunding, to advanced market research, all based on geolocation.
For more information on $GEON tokenomics, download pdf here.