One short question. If you can answer me that question satisfactory, I will buy a siginificant amount of Geocoins.
How do you solve the problem that the GPS-position can be faked with software as well as hardware?
This is a good question. I have a Jailbroken iPhone and can successfully spoof my GPS on the Geocoin app.
How do you plan to tackle this?
We have built some functionality to detect people who try and spoof their GPS locations and when caught those users are banned instantly.