onocoy

Why Onocoy’s Leadership and Funding Make It a DePIN Winner

Onocoy’s quickly becoming a DePIN project to notice, and I’m stoked to explain why its leadership and funding seal its status as a winner. With ~5,500+ GNSS reference stations delivering centimeter-precise location data worldwide, I’ve been mining BONO tokens (set to become ONO in Q3 2025) with my Onocoy miner and believe Onocoy’s poised to take a good chunk of the $250B+ GNSS market. Let’s dive into how its top-tier founder and solid financial backing make it a project you can’t ignore. Want the full scoop? Explore our Onocoy miner info Hub for everything you need to know about onocoy.

A Visionary Leader in Daniel Ammann

Onocoy’s co-founder, Daniel Ammann, is a GNSS titan. He co-founded u-blox, a Swiss powerhouse supplying GPS chips to over 80% of cars, plus drones and laptops. His work on Real-Time Kinematic (RTK) tech transformed industries like agriculture and robotics, earning him the 2016 GPS World Leadership Award. At Onocoy, Daniel’s channeling that expertise into a blockchain-driven, decentralized network. His proven track record gives me confidence that Onocoy will deliver real-world solutions, not just crypto hype, setting it apart in the DePIN space.

Funding That Signals Trust

Onocoy’s raised $4.2M, with $2.5M from non-dilutive sources like grants and Simple Agreements for Future Tokens (SAFTs). This means investors, including heavyweights like former u-blox CEO Thomas Seiler, are betting on the ONO token’s future value rather than equity. As a non-profit association, Onocoy prioritizes its mission to make high-precision GNSS accessible globally, aligning with miners like us. The 810M ONO token cap, with 40% for the community, ensures miners are rewarded fairly. This funding structure shows long-term stability and investor faith in Onocoy’s vision.

ono token

Built for Real-World Impact

Ammann’s leadership and Onocoy’s funding prove it's not simply hype, since they're already live ~5,500 stations powering applications for autonomous vehicles, drones, and precision farming. The non-profit model keeps Onocoy focused on community growth. I’m stacking BONO tokens right now, and with the ONO launch in Q3 2025, I’m betting these efforts will pay off over time. The $250B+ GNSS market has room for multiple winners, and Onocoy’s setup makes it a top contender. If you’re curious about mining Onocoy, my Onocoy miner setup tutorial walks you through the process.

Final Thoughts

Onocoy’s leadership and funding make it a DePIN winner, blending Daniel Ammann’s GNSS expertise with $4.2M in strategic backing. With ~5,500 stations and a community-first approach, it’s a project to watch. Start mining ONO with an Onolink station and join this community network!

onocoy network
Back to blog

Leave a comment