onocoy
onocoy is a company.
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Leadership Team
Key people at onocoy.
onocoy is a company.
Key people at onocoy.
Key people at onocoy.
Onocoy is a Swiss startup founded in 2022 that builds a decentralized, community-powered network for high-precision GNSS (Global Navigation Satellite System) positioning using blockchain technology.[1][2][3][4] It provides centimeter-level accurate RTK (Real-Time Kinematic) corrections and reference station data via products like onocoy STREAM, serving industries such as precision agriculture, robotics, drones, autonomous vehicles, mining, construction, surveying, and micromobility.[1][2][3][4] The platform incentivizes users to operate reference stations ("miners") with rewards, including a native token (ONO) launching via TGE in July 2025, while offering flexible pay-per-use, subscriptions, and volume discounts to make professional-grade positioning affordable and globally accessible.[2][3][4] Onocoy has secured $6.5M in funding and aims to create the densest GNSS reference station network as shared infrastructure.[1][4]
Onocoy emerged in 2022 from Zug (initially) and Hünenberg See, Switzerland, as a DePIN (Decentralized Physical Infrastructure Network) project leveraging blockchain for GNSS data sharing.[1][3][4] Key leaders include President Daniel Ammann, an entrepreneur with expertise in semiconductors, software, satellite navigation, international business, product marketing, and M&A, and Co-Founder Thomass Nigg, experienced in product management, B2B marketing, global technical support, and cross-cultural team leadership for high-volume components.[2] The idea stemmed from separating reference station operations from correction services, standardizing RTCM3 data formats, ensuring quality via validation, and enabling micropayments—addressing high costs and limited coverage in traditional centralized networks.[4] Early traction includes website and product launches in 2025, miner campaigns in Southeast and East Asia, and $6.5M raised, with over 1.5M ONO tokens mined across initial countries.[4]
Onocoy rides the DePIN and blockchain convergence with robotics/autonomy trends, democratizing high-precision positioning amid booming demand from drones, AVs, precision ag, and IoT—markets projected to explode as costs drop and coverage expands.[1][2][4] Timing aligns with 2025 TGE and miner scaling in high-growth regions like Asia, capitalizing on GNSS limitations in centralized systems (e.g., high costs, sparse coverage) while regulatory pushes for sustainable ag/mining favor efficient tech.[2][4] Market forces like AV adoption, drone delivery, and micromobility amplify needs for affordable RTK; Onocoy influences the ecosystem by fostering a dense, open network that lowers barriers for startups (e.g., vs. competitors like Tupaia or Astrocast), spurs innovation via shared infra, and integrates with blockchain for secure, incentivized growth.[1][4]
Onocoy is poised for 2025 acceleration via TGE, onocoy STREAM launch, regional miner expansion, and partnerships, targeting the densest GNSS network with revenue from subscriptions, marketplace, and token utilities.[2][4] By 2026, expect CEX listings, public APIs, AI fraud detection, decentralized casters/validators, and multi-chain support to drive mass adoption and governance.[4] Rising DePIN hype, AV/drone scaling, and blockchain maturity will shape its path, potentially evolving Onocoy into core infrastructure—unlocking precision tech for billions while rewarding community builders, much like it decentralizes positioning from elite gatekeepers to global access.[2][4]
