GEOMADAO: GOVERNANCE PERFORMED THROUGH BLOCKCHAIN DECENTRALIZED APPS
OVERVIEW:
Geoma DAO is poised to control operations and function effectively as regards management with artificial intelligence, leveraging on blockchain and zero human representation. The power of Geoma DAO is its members and their ability to perform governance with seamless and efficient functionality is the main reason the project and platform were initiated. Governance is performed through blockchain decentralized apps through an incorporated governance portal. All processes as regards, proposals, voting, finance, contract sourcing, lending will all be done on the dApp.
Taking a cursory look at great potentials and power as Geoma DAO, it is imperative to have a group of recognized individuals that act as representatives. In the traditional system of organizations, founders are the representatives of their respective organizations. But in this DAO system, individuals within the community which stand out through their activities and commitment are voted to take up the representative role. Notably, these representatives are not constant, rather it is as a result of commitment. In this system, representatives are charged with a number of duties, one of which is, stepping in when there are is a danger within the network, sort it out and keep the workflow of the system going at high standards. Furthermore, in any case of hazards, power outages or internet breakdown by various causes, representatives are given access to the archive contained on various servers as a backup safety measure for the contributors. Therefore, in simple terms, representatives are charged with the duty of a flawless governance flow within the system.
PROBLEMS
It has been established that, despite the fact that we live in a high-tech world, there is still a very serious problem in society as it concerns the social stratification of the poor and the rich. And this guarantees that the resources on our planet are more than enough so that everyone can live in a friendly and happy way. This is basically why the conceptualization of Gema Dao was mooted to address this global issue.
FUNDAMENTAL GEOMA DAO FEATURES AND BENEFITS
Like the script of the developers has laid it bare, to be part of Geoma DAO, you basically need to contribute to the development of the entire ecosystem, after which you will automatically have access to the voting process during which certain decisions will be made regarding the processes discussed. To this end, Geoma DAO intends to cover all the most important areas for society, during the development of which our whole life will change qualitatively. The cardinal objective of creating and conceptualizing the Geoma DAO initiative is premised exclusively on human objective, thanks to which our society will obtain not only financial wealth but also well-being in its most pleasant form.
HOW DOES THE DECENTRALIZED METHOD WORKS?
How decentralized work? the appropriate response is by utilizing Blockchain innovation. The Blockchain will assist the people with being their own Bank. The cash each part earned can be given something to do all the more inventively, so it will make more riches and budgetary opportunities. This specific thing won't occur in the event that you utilize a typical bank. The explanation is that the middle man will likely take a cut in each exchange that you do in your financial balance.
For instance, moving cash from your financial balance to a companion utilizing fiat. The cash will be lesser than the sum you sent because of this extra cost accruable to the bank and arbiter. Know that what occurred is that some amount went to the bank. Yet, in the event that you use digital money, the cash will show up immediately and the sum won't be diminished.
GMD TOKEN
The ERC20 based GMD token represents a utility infrastructure. Holders possess the right to vote and to ask for things to do in the network. Think of it as a protective pen, the compilation of 'investments' needs to get cash from different people's efforts to have investments that have public companies and profits. It is a sure time to acquire digital property to obtain an offer or sale based on certain information and circumstances.
Is this cash invested in a joint venture? No, GEOMA DAO is not now a corporation, nor is it an everyday company.
Reasonable expectations of the earnings gained from the efforts of others? No, these efforts are joint efforts through the network.
GEOMADAO TEAM
CONCLUSION:
Investing in a project that brings us closer to Utopian and seamless society, is an investment in the right direction, What are we waiting for, this is a rare opportunity for investors and accomplishing a better and efficient world/
For more info click the links below:
Website: https://www.thegeomadao.com
WhitePaper: https://drive.google.com/file/d/186LX27VMtGh3Pe6dDSXiIZ7LmvVdyeyP/view
Twitter: https://twitter.com/thegeomadao
Medium: https://medium.com/@thegeomadao
Github: https://github.com/Arthur267
Linkedin: https://www.linkedin.com/in/geoma-dao-b0a612189/
YouTube: https://www.youtube.com/channel/UCys4E09zDz9xjlyKiBZwr_g
Bitcointalk Username: TheICE007
Profile link: https://bitcointalk.org/index.php?action=profile;u=264068
Eth Address: 0x615Da17E40372526d53980D3D4b56d37A8410555