Blockchain Startups: Meet the founders of GEON Network

Today, we invite you to discover how founders Robert Radek, Aleksander Debski, Maciej Rynarzewski, and Peter Budkowski of GEON Network worked together to create an augmented reality (AR) App where anyone can create, store, and share value at any geolocation of their choice.
GEON Network is secured by blockchain technology, enabled by geolocation and enhanced by AR, representing an entirely new way to distribute value worldwide. From use cases like marketing & advertising, to gaming, to charity fundraising, to increasing social engagements at commercial events — the possibilities for bringing digital value to the real world are almost endless!
- How did you first get involved with the blockchain industry?
When we first heard of blockchain technology, we just knew that something BIG will become of it, and we wanted to be a part of it too. In 2013, we built the NetSprig foundation. We focused on blockchain-related product concepts and popularizing the technology. During that time, we started building our network of professionals interested exploring ideas related to blockchain, fintech and cryptocurrency.
2. What inspired the idea of your blockchain company, was it spontaneous? Was it an idea you had for a long time?
The idea came suddenly when we were discussing together one evening. It sparked a moment of enlightenment and we knew right then what we wanted to do and why we wanted to do it. None of us could sleep that night. Since then, our entire strategy has focused on bringing this idea to life, sharing our vision about GEON Network, and making people we meet excited to see it come to life.
3. What did you do before starting GEON Network? Did you demonstrate prior expertise in blockchain?
We come mainly from an IT background. We first got the idea to work with and support blockchain startups in 2013. However, the technology was too young and the industry too small back then. It took some time for the world (and us) to be ready for it.
4. Who is the team behind GEON Network and why are they awesome?

We’ve got a highly motivated, international team. We’re passionate about the product and we all truly believe in it. You can ask each and every one of us about it and hear the same passion. I think our enthusiasm may be contagious… we also believe in quality over quantity — every one of our developers has had a senior role before and demonstrate high-level experience.
5. What problem does your company plan to solve?
GEON is a tool that can be used in hundreds of ways and can solve a multitude of different problems depending on its application.
GEON can bring improvement in many areas, including marketing effectiveness and measurement, social engagement, distribution of goods, digital inclusion, directness and immediacy of help after a crisis, increase security and speed of global money transfers, cryptocurrency adoption and a lot more.
Essentially, it escapes the simple scheme of the problem & solution approach.
For example, GEON Network can be used by charity organizations.
Let’s look at Venezuela, who is facing a financial crisis. Although many of its citizens live in poverty, the country is very familiar with cryptocurrencies and blockchain. Charity organizations that would like to reach citizens in need can do so with the GEON Network. The GEON network allows anyone around the world to airdrop funds directly into the locations that need it most. Citizens in the set geolocation can then access the funds immediately and without a need to pay a middleman.
And this is only one of many examples.
6. Please walk us through the user experience of someone who would use GEON Network.
The user experience (UX) has always been amongst our top priorities. We understand that not everyone is equally tech-savvy, so the app has to be easy to use. Our team knows that the UX is one of the key factors for mass cryptocurrency adoption. It takes just one tap to geomine a GEON and less than 30 seconds to create one.
The GEON App is an augmented reality application available on iOS and Android. It helps you explore the augmented reality world of GEON. When in a GEON’s vicinity, the app user is notified that they can begin geomining.
For companies and brands, they may allocate a certain number of coins for users to mine to receive additional discounts or other exclusive services. The GEON beacon can be customized to reflect business’ branding and visual identity for customers to easily recognize.
Our business services will provide anonymized data on the number of people geomining a given GEON, the time spent and amount of mined coins. Further, we give users full control over the data they share and allow them to choose how frequently they want to receive messages and/or notifications and via which channels.
7. How big is the market you are addressing?
The total mobile AR market is expected to reach nearly $80 billion by 2022, with an average yearly growth of almost 70% between 2016 and 2022. This is a HUGE cake, and we’re going after a large piece of it.
8. Who are the major investors behind GEON Network?
Our main contributors and partners are the Pegasus Fintech and Data Ventures. We are also a part of Location Based Marketing Association (LBMA).
9. Where is your blockchain company registered? Which country?
GEON Network is registered in Gibraltar — one of the most blockchain and crypto-friendly countries on the planet. With solid and stable legislation and a very supportive government — it’s a phenomenal place to launch an ICO.
10. What is your favourite blockchain that was created and why?
Ethereum is still our favourite because it works — despite the issues troubling it. Everything is very well documented and stable, which makes developers’ lives easier. Besides — Ethereum gave the world smart contracts.
11. If you had the opportunity to meet the mysterious Satoshi Nakamoto, what is the one thing you would want to ask him?
See you on the moon? ;)
Founders Robert and Maciej will be attending Disrupt San Francisco’s interactive and inspiring event this week (Sept 5–7) — connect with them by following the links below to discover news and hear exciting updates from their North American tour!
https://www.linkedin.com/company/geon-network/
https://web.facebook.com/geonnet/
Want to learn more about GEON Network? You can read their white paper here and also check out their blog!
