Today, decentralized autonomous organizations (Geoma DAO) are the most revolutionary organizational designs, which use distributed ledger technology and smart contracts to build governance without management or employees and are run entirely by computer code. GeomaDAO is a complex mechanism that operates independently, according to compliance automatically and radically changes decision making in organizations.
GeomaDAO is an extreme form of organizational design, where members can propose changes to the organization and where technology itself determines how to organize activities. Finally, these new organizations can change society by enabling peer-to-peer collaboration and eliminating the need for intermediaries.
Problems
As far as we all know, despite the fact that we live in a high-tech world, there is still a very serious problem in society. Namely, the social stratification of the poor and the rich. And this is provided that the resources on our planet are more than enough for everyone to live amicably and happily.
But to do this, it is necessary to change the existing structure of conducting the processes we are familiar with, namely, to make them generally available, and not to give the right to vote to a group of politicians, managers of corporations and other monopolists in a particular area. Of which the total number does not exceed 2000 thousand people, while more than 4.6 billion people are below the poverty line.
Our current project, the concept of which I suggest you to consider, and it is called Geoma DAO, intends to eliminate this injustice.
About the project
To make it easier for you to understand, the DAO is a decentralized Autonomous organization. Which does not belong to any state in the world, company or organization, which automatically removes from it the shackles of the pyramid management system. Where power and control are concentrated within a narrow category of people. This will not be the case in Geoma DAO, which is why its entire architecture and features will directly depend on the participants of this structure, transforming our entire financial and social economy.
After all, the main task of Geoma DAO is to develop the well-being and well-being of every person on our Planet, through the collective management of all existing processes. Reaching a single consensus by voting for certain changes. This kind of approach will create a completely new and unique economic model, through which all of us will be able to significantly improve our entire health, energy, insurance and agricultural industries. Which in themselves are the fundamental elements of a decent life for a modern person.
STRUCTURE
The is nothing else than a Distributed Network of Contributors. The DAO is now not created for fast profits, it is created to generate steady and sustainable increase and it lives, communicates and interacts by using Smart Contracts on the Blockchain. The founders should be considered as pure contributors to the Network. Their role is truely to oversee and build the first Ownership mass.
Most fund-siphoning from the ICO-Market was performed by means of Companies that had a Pyramid shape of governance. This usual kind of centralised governance allows humans to create asymmetric facts flows ensuing in hazardous effects for different individuals. In different words, this kind of governance, coming from a strictly regulated World, can without difficulty lead to elaborate scams and manipulation in the, with the aid of concept, decentralised World of the Autonomous Organisation. Proposals are the major way of decision making inside the GEOMA DAO.
Voting upon a notion for implementation is a should characteristic of the GEOMA DAO. Consensus is created if a predefined share of contributors agree upon an action. For project implementation, Contractors will be appointed by way of voting. The GEOMA DAO is created to generate real Wealth for its contributors and carry price to society.
GOVERNANCE
Governance is the most necessary section of a DAO. Most Blockchain Companies have centralised governance models. In our opinion this is in hostilities with the core definition of what Decentralised Autonomous Organisation means. The electricity and achievable of a DAO are its contributors and their capability to perform governance.
In order to feature true , governance will be performed via blockchain dApps via a governance portal. We would like to construct on the most decentralised ones. Common Sense dictates that the DAO members should suggest and vote a Blockchain o which to build. Members will decide.
In order to have a flawless governance flow, a DAO also have Representatives. These are humans from within the community which stand out via their activities and commitment. Representatives have the role, amongst others, to step in, when there are risks within the Network, kind these out and preserve the workflow at high standards. In case of dangers , like we have seen a lot recently , power outages or net shutdowns carried out by governments, or different causes , Representatives will have get right of entry to to the archive stored on numerous servers as a safety measure for the contributors.
GMD TOKEN MODELS
The GMD - ERC20 Token should be seen as a Utility Token. It gives Token Holders the right to propose, vote and take part in activities within the Network. As the Howey test indicates, an «investment contract» when there is money investment in public companies in the hope of reasonable profits to be derived from the efforts of others. No, because the is not a Company or a Corporation, and so it is not a common enterprise.
No , because the effort is a common effort by the entire Network. GMDST Tokens will be released to Members after the implementation of a real world project has been voted. This Token bears Ownership and Divided Rights. GMDST will always be backed by Tangibles like Land, Buildings, Water, Forrests, Food.
TOKEN DISTRIBUTION AND PRICE
000 GMD - ERC20 Utility Tokens have been minted. zero GMD will be allotted to early contributors and founders. zero GMD will be allotted to contributors .
1 USD/1GMD IEO price
GMD Token Holders can earn by stacking at a maximum rate of 10%/year. GMDST Token Holders will earn monthly advantages from the projects of the DAO.
CODE OF CONDUCT
During our lookup on Blockchain Projects , we the place amazed how many scams are taking vicinity in this space. The founders must expose themselves to contributors who can be practiced with openness and sincerity that is entirely dependent on the contributors and their perceptions.. Phase two depends on the contributors and their understanding. Association has to be formed with individuals from the physique of contributors.
The Association has the function of oversight and illustration . The Association acts as a right corporate citizen and commits to an open talk with authorities authorities and regulators to help shape working conditions. Many in their tasks start with an already present Association. In our view the Association has to be formed from the physique of contributors inclined to take part in the ultimate building procedure of the DAO.
Phase three is the step when the DAO becomes unbiased and its governance is carried out by means of the entire body of contributors thru voting. The preliminary funds will be saved in a cold storage wallet visible to all contributors. Funds will be spent only for project implementation and usually backed through invoices and receipts. These will have a Blockchain ID and will be reachable to al contributors.
We will provide the GMD Token without an ICO. An ICO is a steeply-priced system and it will devour a lot of dollars away, cash which could be utilised in Project implementation. GMD Tokens can be obtained additionally with the aid of direct contacting the Team. Listing on Exchanges will take place after the Ownership Mass is created .
We intend to create an AI to perform this mission in accordance with actual market conditions.Focusing on Blockchain Technology and Blockchain Implementation.This creates of path cashflow for the DAO contributors.
Focusing on Real Estate
Banks are often margin known as and have to promote applications of their asset with a a whole lot lower charge than the true market price. The DAO can buy some of these belongings and promote they are in time for market prices. Once again cash flow for DAO contributors is made. Apartment and rent it out is another way to make Ownership and cashflow.
Designated inspiration in vertical farming is standing by using and can be read through contributors on the DAO website.
Focus on clean, sustainable energy
Utilizing this new type of progressive technology creates more cash flow for DAO contributors.
Conclusion
Now after writing this article I find that every industry has potential needs that they must consider in other words to say that transparency in all possible ways between business to business or business to customer, that is a basic priority. Now in the last picture the article defines the basic rights of blockchain technology in various sectors is the same as implementation.
Of course, there are many other interesting, technical and modern tools behind Geoma DAO. Which unfortunately I'm not even mentioned here. However, I believe that no one can tell about Geoma DAO better than technical documents. Therefore, in order not to spread tautology, I invite you to plunge into a world of new opportunities, where each of us can eventually become part of a large mechanism of work on the harmonious development of the whole society. Thus protecting nature and the rich resources of our land.
Information:
Website: https://www.thegeomadao.com/
Whitepaper: https://drive.google.com/file/d/186LX27VMtGh3Pe6dDSXiIZ7LmvVdyeyP/view
ANN: https://bitcointalk.org/index.php?topic=5216619.0
Telegram: https://t.me/geomachat
Twitter: https://twitter.com/thegeomadao
Youtube: https://www.youtube.com/channel/UCys4E09zDz9xjlyKiBZwr_g?view_as=subscriber
Github: https://github.com/Arthur267
Medium: https://medium.com/@thegeomadao
Linkedin: https://www.linkedin.com/in/geoma-dao-b0a612189/
Author
Bitcointalk username: Sakabato
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2665558
ETH: 0x66D54Da8D3bE790B3e0165D80c5ec434df2dB1Bc