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Onocoy
Navigating the GNSS Space
Onocoy is a project that focuses on creating a large network of community-powered GNSS (Global Navigation Satellite System) reference stations. This network leverages Web 3.0 technologies and distributed ledgers to provide the infrastructure for widespread RTK (Real-Time Kinematics) positioning.
Value Proposition
Redefining the Cloud Landscape
Onocoy aims to revolutionize access to precision positioning by creating a decentralized, community-powered network of reference stations. This approach promises to lower costs, increase the global reach of reliable RTK positioning, and ensure data integrity through blockchain technology. By making precision positioning more accessible and affordable, Onocoy aims to democratize the technology, opening up new possibilities for innovation across various industries.
Technological Foundation
Onocoy’s technological foundation heavily relies on GNSS and RTK techniques for precision positioning. It employs blockchain technology for a decentralized network structure, data reliability, and incentivizing network participation. The project embraces Web 3.0 principles to promote a community-driven approach and leverages various networking and data transmission technologies alongside user-friendly interfaces for accessibility.
Target Market
Onocoy targets industries where centimeter-level precision positioning offers significant advantages and unlocks new applications. This includes surveying and construction, precision agriculture, drone operations, autonomous vehicles, and micromobility. Essentially, Onocoy caters to any sector where the benefits of highly accurate positioning outweigh the costs, opening up possibilities for increased efficiency, safety, and innovative use cases.
Revenue Model
Onocoy’s primary revenue model is based on subscriptions, where users pay recurring fees to access their precision positioning network. They might offer tiered pricing options and potentially a flexible pay-per-use system. Additional revenue streams could include incentivizing the operation of reference stations, creating a marketplace for precision-positioning applications, and establishing industry partnerships. The integration of blockchain and a potential token may further influence their revenue generation model.
Market Opportunity
Democratizing Presicion Positioning
Onocoy’s market opportunity lies in its ability to disrupt the traditional market for high-precision positioning solutions. By offering a decentralized, community-driven network and leveraging blockchain technology, Onocoy aims to lower costs and make precision positioning more accessible. This opens the door for smaller players, individual innovators, and entirely new applications across a variety of industries reliant on accurate location data, including autonomous vehicles and precision agriculture.
Team
Momentum and Vision
Daniel Ammann, President
Entrepreneur with a demonstrated history of working in the semiconductors, software and satellite navigation industry. Experienced in International Business, Product Marketing, Business development, Innovation, General management, Organization, Business strategy and tactics, M&A (Buyer side negotiations, post-acquisition integration) and JVs (lead business negotiator).
Thomass Nigg, Co-Founder
Experience in product management and marketing for high-volume components in B2B markets, building up a global technical support organization, sales support, B2B marketing, multi-site cross-cultural team leadership, strategy.
For other Team Members scroll down in here.
Data room
Documentation and Project Links
Website
White Paper
Tokenomics
Explore
Docs
Current status of the project
Pre-Mainnet
Onocoy is in an active development stage. While they are are looking to receive more funding, they are building their network infrastructure with test nodes, and actively engaging their community. While they don’t yet have a full-scale production system, they are progressing towards their goal of creating a decentralized precision positioning network. Challenges remain in demonstrating the advantages of their model and overcoming technical hurdles, but the project shows promise.
WHY ONOCOY? WHY NOW?
Onocoy aims to make precision positioning technology accessible to everyone. They see a growing need for highly accurate location data across various industries but recognize that traditional solutions are expensive. Onocoy’s solution is a decentralized, community-powered network that can lower costs and expand coverage.