Guess what
@onocoyRTK isn’t slowing down—global RTK launch, 5,600 stations, fresh funding, new hardware partners, and growing miner rewards
The pieces are falling into place fast… and those watching closely know what’s coming next
Lets see their developments so far
👇🧵
1️⃣ Launch of Onocoy RTK Service
🔸 On August 14, 2024, Onocoy officially launched its global RTK service, its first commercial product.
🔸 Built on Solana’s blockchain, this hardware-agnostic platform delivers scalable, cost-effective correction data.
🔸 Unlike traditional providers charging $1,000–5,000/year, Onocoy’s two-tier pricing (base fee pay-per-use) makes it accessible for agriculture, construction, and robotics.
🔸 Supports RTCM 3.x MSM4 formats across L1, L2, and L5 bands, compatible with GPS, Galileo, GLONASS, BeiDou.
🔸 Real-world validation: French farmer Rémi Gaget reported big improvements in field robotics & autosteering.
2️⃣ Network Expansion and Miner Incentives
🔸 By mid-2025, Onocoy grew to 5,600 reference stations in 168 countries — 20x denser than traditional RTK.
🔸 Powered by a community-miner model: deploy GNSS receivers (Unicore UM980, SparkFun Mosaic-X5) and earn
$ONO tokens ($BONO in beta).
🔸 Rewards based on uptime, signal quality, location uniqueness.
🔸 In 2024, credential limits were raised to 3 stations per user, boosting participation.
🔸 A July 2025 Instructables guide showed DIY setups (~$230 with ESP32 UM980), opening doors for hobbyists.
🔸 Strict validation (ITRF2020/WGS84 datums) prevents fraud or duplicate streams from public networks like IGS or RTK2GO.
3️⃣ Funding and Industry Recognition
🔸 In 2024, Onocoy raised $940K, bringing total funding to $4.2M, with 8 backers.
🔸 Funds fuel B2B services like enterprise data access—pilot with Stargate RTK for drone navigation.
🔸 Won TOP 100 Public Award (Engineering) at the 2024 Swiss Startup Awards.
🔸 Co-founders Daniel Ammann & Thomas Nigg (ex-u-blox) bring deep GNSS expertise.
🔸 Targeting a $250B market by 2028, with a $100M obtainable share.
4️⃣ Hardware Partnerships and Integrations
🔸 Expanded hardware ecosystem to 6 partners in 2024, including Septentrio Mosaic-X5 & Unicore UM980.
🔸 A Docker container (
@SimeonSecurity ) integrates RTKLIB with Onocoy & RTKDirect for USB/TCP receivers.
🔸 Cost-efficient setups using Raspberry Pi or ESP32 maintain quality streams.
🔸 Active X community—miners share DIY setups & optimization hacks on @OnocoyAssociation.
5️⃣ Blockchain and Governance Enhancements
🔸 Built on Solana, Onocoy uses smart contracts & ledgers for transparent DePIN governance.
🔸 A Dune dashboard is planned to track burns, revenues, and station performance.
🔸 The
$ONO token (beta as
$BONO) will fully launch in 2026, powering rewards for miners & validators.
🔸 Open governance ensures community input, unlike centralized RTK competitors.
6️⃣ Challenges and Future Outlook
🔸 Frequent backend updates cause short connection resets (auto-reconnect in seconds, rewards unaffected).
🔸 Privacy focus: antenna locations are obscured, boosting security but requiring strong fraud checks.
🔸 Future goals: expand B2B integrations into a $1–2T market by 2035, targeting autonomous systems & smart cities.
🔸 Speculation grows around tier-1 exchange listings (Coinbase), which could enhance liquidity for
$ONO.
✅ Conclusion
Onocoy has rapidly grown from a 2022 concept into a global DePIN leader for RTK GNSS correction.
🔸 2024–2025 milestones—commercial launch, funding, hardware growth, governance progress—showcase its momentum.
🔸 Positioned to capture significant share in the precision positioning market.
🔸 For DePIN investors and miners, Onocoy represents a scalable, high-impact ecosystem.
🔸 Stay engaged via
console.onocoy.com and Reddit r/OnocoyRTK for mining and token updates.