GEOCASH Airdrop by GeoDB: How It Worked and What Happened to GEO Tokens

Back in 2020, GeoDB launched one of the more unusual cryptocurrency airdrops you’d see - not because it promised millions in free cash, but because it asked you to give up something most people never think twice about: your location data. The project, called GEOCASH, promised to pay users in GEO tokens for simply having their smartphone on and letting the app track where they went. It wasn’t a flashy NFT project or a meme coin. It was a quiet challenge to how Big Tech makes money off your movements - and it actually paid out.

Here’s the deal: if you downloaded the GeoDB app and kept it running, you’d earn GEO tokens daily. No mining rigs. No staking. Just your phone, your GPS, and a few taps. The app collected location data - where you walked, where you stopped, even where you hung out for a while. That data was then sold to researchers, advertisers, and mapping services. And instead of the company keeping all the profit, they gave you a cut - in GEO tokens.

How the GEO Airdrop Actually Worked

The airdrop wasn’t a one-time giveaway. It was designed as a daily reward system. Users had to:

• Download the official GeoDB app (Android or iOS)
• Create a wallet inside the app
• Enable location tracking
• Log in daily to claim tokens

Each day, users earned a base amount - sometimes as much as 5-10 GEO tokens - just for having the app open and active. But the real kicker was the referral program. If you invited friends using your unique code (like MDHALIM759_PXGYZQ), you got bonus tokens for every person who signed up and kept the app running. Some users reported earning over $5 a day in GEO tokens during the peak of the campaign, especially in markets like India, where GeoDB ran localized promotions offering 10 free GEO tokens per user.

The tokens were minted on Ethereum, with the contract address 0x147f...126750. That meant you could send them to any Ethereum wallet, trade them, or hold them. But GeoDB didn’t stop there. They built their own wallet system - the Wallace Wallet - to make managing your GEO tokens easier. It wasn’t just a wallet. It was the gateway to the whole ecosystem: claiming rewards, viewing your data earnings, and even seeing who bought your anonymized location data.

What Was the Point of GEO Tokens?

GeoDB wasn’t trying to be another crypto project that just printed tokens and hoped they’d go up in value. Their goal was bigger: to flip the script on data ownership. Right now, companies like Google, Apple, and Facebook collect your location, search history, and app usage - and sell it to advertisers. You? You get nothing. Not even a thank you.

GeoDB said: “What if you owned that data?”

They built a platform where users could opt in to share their location and behavioral data. In return, they received GEO tokens. The data was anonymized, encrypted, and sold to legitimate buyers - academic researchers studying urban mobility, logistics companies optimizing delivery routes, even city planners improving public transit. The money from those sales went straight back to users.

The total supply of GEO tokens was capped at 350 million. As of early 2026, around 313 million were in circulation, with roughly 82 million actively being traded. That’s a lot of tokens, but not a lot of buyers.

What Happened to GEO’s Value?

At its peak, the GEO token was listed on exchanges like Bitforex and traded on Uniswap. Some early users sold their tokens for a few cents each, cashing out small but real profits. But here’s the truth: the market didn’t grow like they hoped.

Today, GEO trades at around $0.0001664. That’s less than a tenth of a cent. The 24-hour trading volume? Just $120.24. That’s not a dead coin - but it’s not exactly liquid either. Most trades happen on Uniswap V2, and the last recorded trade was over two days ago. The token’s price has been flat for months, with tiny daily swings up or down by less than 1%.

Why? Because the ecosystem didn’t scale. The app stopped being promoted. The referral program faded. And most users - even those who earned hundreds of tokens - just held onto them, waiting for a price jump that never came. The project quietly shifted focus from “earn tokens” to “build infrastructure.”

The Migration to ODIN Chain

In 2023, GeoDB announced a major move: they were leaving Ethereum and migrating GEO tokens to the ODIN Chain. This wasn’t just a technical upgrade. It was a strategic pivot.

ODIN Chain is a newer blockchain built for data-heavy applications. It’s faster, cheaper to use, and designed specifically for decentralized data marketplaces. The migration meant users had to claim their tokens on the new network - and many didn’t. Some lost access. Others didn’t bother.

The Wallace Wallet was updated to support ODIN Chain. But the number of active users dropped sharply. The app still exists. The tokens still work. But the buzz? Gone.

Was It Worth It?

Let’s be real. If you joined in 2020 and stayed active, you probably earned a few hundred GEO tokens. At today’s price, that’s less than $1. But back then? If you referred 20 friends and claimed daily, you might have earned $10-$20 a month. That’s not life-changing - but it’s real money you earned just by using your phone normally.

And that’s the real legacy of GeoDB. It proved something: people will give up data - if they’re paid for it. Most crypto projects promise riches. GeoDB promised fairness. It didn’t make its founders rich. But it gave hundreds of thousands of users a glimpse of what a fair data economy could look like.

Today, you can still download the GeoDB app. You can still claim tokens. But the airdrop phase is over. The project is now focused on building the ODIN Chain data marketplace. If you’re still holding GEO tokens, they’re not worthless - just dormant. And if you’re curious about owning your data? GeoDB still stands as one of the few real-world experiments that tried to make it happen.

What’s Left of GeoDB Today?

The official website is still up. The Wallace Wallet app is still available on Google Play and the App Store. The Telegram group (t.me/WallaceWallet) still has a few hundred members - mostly people asking if the price will go up.

There’s no new airdrop. No big marketing push. No celebrity endorsements. Just quiet development. The team is still working on improving data privacy protocols, integrating with more research institutions, and expanding ODIN Chain’s capabilities.

So if you’re wondering whether to join now - don’t. The free tokens are gone. But if you’re wondering whether GeoDB was a scam? No. It was an honest attempt to change how data works. And even if it didn’t explode, it left behind a proof of concept: people will participate when the system works for them - not just for the company.