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Status: Active

3 days to go

GeoDB is a decentralised peer-to-peer big data-sharing ecosystem, powered by Blockchain Technology, which rewards you for data generated. Users upload their data to the ecosystem and in exchange get rewarded for the data generated and datasets are purchased by buyers to access the data pool. It aims to solve the existing inefficiencies of the data industry. Till now, the company has launched Data Generator Network and Data Generator App GeoCash. The company has secured partnerships with five big data companies from Europe & Latin America. Their app is available on the google play store. Also, they have over 15,000 social media followers, including Telegram, Wechat, Twitter, Linkedin, and Medium. The proceeds will be spent on team building, marketing and growth of their Token to increase its visibility and presence in more significant and liquid exchanges.

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GeoDB Rating Report

Rated on 12/03/2020

Pitch Rated

53%

Insufficient Data

Management

80%

Product

80%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

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What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
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Management 80%

Skills 82%
As a digital entrepreneur and tech investor, the CEO is involved in creating and developing digital companies in the blockchain industry and has also managed the business in the big data industry previously. The CTO of the company has a PhD in decision making, fuzzy logic and consensus reaching processes which give added advantage to the company. The team is made up of 15 members, including ten technical developers and researchers holding several PhDs in computer science. However, the management team lacks a finance head which would be beneficial for the company at this phase of its growth.

Funding progress



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Pitch Rated

64%

Overall

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pledged: 194% days to go: 11 investment: £155,377

  • £1,349,819
    pledged
  • 135%
    of goal

    £1,000,011
    target

    £15,003,160
    pre-money valuation

    6.25%
    equity available

    714
    investors

    £1,891
    pledge per investor

    11858893
    company number

    04/03/2019
    incorporated 1 years

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    Investment
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    Equity
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  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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