GEOMA DAO - DECENTRALIZED AUTONOMOUS ORGANIZATION

Greetings, dear readers. Every day, new projects appear on the Blockchain platform that contribute to the development of the ecosystem. And today we will talk about the Geoma DAO project

About the project:

Geoma DAO are ecosystems that do not need to be managed, and their rules and frameworks are based on smart contracts based on blockchain technology. In everyday life, a company needs CEOs to make decisions. There is no such need in Dao ecosystems. Everything is determined within the framework of smart contracts. Geoma DAO is a system that reveals the power of the community, not the Central power. Thanks to the votes used, power is always in the hands of the community.

DeFi and problem solving:

Today's Central organizations collect authority and revenue in one hand. As a result, the rich just get richer a lot easier. The whole market is between the lips of a few people, and all the decrees they make cover the whole world. In addition, since the system only protects holders of authority, all rules regarding borrowing, lending or other financial transactions work in accordance with the wishes of the authorities. DeFi takes its full power from the power of the community. All rules are formed in accordance with the balance of supply and demand and the wishes of the community, depending on smart contracts. Decentralized financial institutions provide power to the community, rather than collecting it in one hand. In this structure, of course, income is also distributed more evenly.

In Central financial organizations, high profitability of the company or project owner is always a priority. In this case, a large number of deductions are applied to each transaction, which allows the asset Manager to maintain itself. When you withdraw a loan from a Bank, you are actually withdrawing money from another person who has invested their money in the Bank. So the money you are borrowing is not really the Bank's money, but the money of another citizen, such as you, who has invested their money in the Bank. Despite the fact that the transaction actually occurs between two people, the banks get the largest share in this event and are forced to pay a high share on both sides.decompile this transaction.

DeFi are systems that deliver money from person A to person B without intermediaries through smart contracts. There is no need for high deductions, since smart contracts are only responsible for setting rules and do not need money. Events such as borrowing-decomposition are a problem that the community can easily solve among themselves based on their decisions and contracts.

Project objective:

Geoma DAO plans to create a new and fairer financial system for the community that can be applied worldwide. It seeks to bring the financial systems captured by banks back into the community by taking them from them. This will allow everyone to have their own Bank so that they can make their own transactions without needing anyone else or a Manager, using the unique technology offered by blockchain. This is a system that will allow people to be more free and manage their financial structures.

Imagine that all the people living in our world can make decisions about their rights for themselves by delegating managers, don't you think that the world won't turn into a much better place ? The whole world is run like a pyramid in the modern state, while those at the top live in a cozy and spacious, those below the pyramid experience the greatest poverty, and also give the most labor. Projects like Geoma DAO that value community ideas should be supported to spread justice and happiness around the world. Decentralized apps are invaluable so that we can get back what we have.

Road map:

Project team:

Conclusion:

Finally, we have seen a truly working solution that can distribute income in equal parts among all segments of the population. Now we all have the same rights and opportunities for the earnings we are interested in. Unfortunately, it was not possible to observe this for a long time in our community, and therefore the implementation of this idea was important. I am very happy that everyone, regardless of their location and amount of cash, has the opportunity to make a basic income and multiply it by participating in useful activities for all mankind. Such people can fully change the future and secure it for the future generation. And it's not just about the money that can be earned from it. Here it is more a matter of doing useful things for society. At the moment, we have only words in this direction, but with the introduction of the Geoma platform, everything will change for the better.

Thank you for attention!
All useful links can be found below:

Website: https://www.thegeomadao.com
Whitepaper: https://drive.google.com/file/d/186LX27VMtGh3Pe6dDSXiIZ7LmvVdyeyP/view
Telegram: https://t.me/geomachat
TWITTER: https://twitter.com/thegeomadao
MEDIUM: https://medium.com/@thegeomadao
LINKEDIN: https://www.linkedin.com/in/geoma-dao-b0a612189/
YOUTUBE: https://www.youtube.com/channel/UCys4E09zDz9xjlyKiBZwr_g
GITHUB: https://github.com/Arthur267

═════════════★ Author ★═════════════════════

★MY BITCOINTALK USERNAME: tomson777
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