Re: [ANN] [GEO] GeoCoin | GIS & GeoTechnologies

What is the actual idea behind Geocoin? Is it meant to be a competitive game or can merchants, for example, buy and place Geocoins in their stores and incentivize people to go there or something like that?

Yes both of those ideas are possible with GeoCoin!

By now or does that still require development? What's the current status? Is Geocoin being used?

We're currently under development and will be releasing the new MapBox interface after the upcoming blockchain upgrade and wallet replacement in the backend. But the technology will allow any user to pin a stack of GEO anywhere they like on the world, whether that be a scavenger hunt in a park or on top of a business location that is trying to incentivize people to come to their shop. The applications for GEO are huge based on where you place the coins.