Introduction
Most organizations have embraced revolutionary designs due to their recent nature of being a decentralized autonomous entity. The project makes use of smart contracts to create a governance that operates totally with computer code without the functions of the management or employees. This what Geomadao does as a sophisticated instrument that functions unassisted, especially in the area of decision making.
Geomadao is an irrational form of an organizational system. It is a system that gives room for members to propose changes to the organization and where tech is a major determinant on how to organize activities. This innovation has the ability to eliminate the presence and functionalities of intermediaries in the system through peer to peer synergy.
The Concise Concept Of This Project
GeomaDAO as earlier stated is a non-centralized autonomous body, that is not owned by any state in the world, company or organization. There are existing systems where power and control are bestowed certain classes of people, but GeomaDAO has a different concept that makes its entire system depending on the participants of this structure with aim of transforming the entire financial and social economy.
However, the major aim of this innovation is to create an organizational structure that will stand the test of time through the collective management of all existing processes. This kind of approach will create a completely new and unique economic model, that will set a satisfactory standard of living globally.
The Geoma Dao Conceptualization is also to bring about wealth creation to its gluts of users and as well disseminate this wealth equitably vis the instrumentality of the blockchain to every contributor
Challenges
There is no doubt that certain societal problems exist, which is the social stratification of the poor and the rich. However, one of the major problems we face today is that, the globe has more than enough to carter for her inhabitants but yet there is still a shortfall in global satisfaction.
The global setting at the organizational environ has lots of injustice and this is why the project is introduced to change the existing system 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.
The Project 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 truly to oversee and build the first Ownership mass.
Voting upon a notion for implementation is a should characteristic of the GeomaDAO. The consensus is created if a predefined share of contributors agrees upon an action. For project implementation, Contractors will be appointed by way of voting. The program is created to generate real Wealth for its contributors and carry price to society.
More Geoma Dao Insight:
A cursory look at a universe of expanding robotization and a work in progress to continuously better AI, DAO can turn into the template for the foreseeable future. High rate dealers send everyday exchanges day by day to the algorithms they compose, which have better data, blunders quicker and are more defenseless than the brokers themselves. Individuals can even envision a future where completely self-sufficient financial associations contend with the bigger names in the ecosystem
Furthermore, what happens when a question emerges between the DAO and its individuals, or between the DAO and the temporary worker? While this in itself can be a productive and effective undertaking, DAO is from numerous points of view an extraordinary trial in another type of economic synergy and participation.
Governance The Anchor Section Of Geomadao
Governance is the most necessary section of the Geomadao. Most Block-chain Companies have centralized governance models. In our opinion, this is in hostilities with the core definition of what Decentralised Autonomous Organisation means.
In order to get it right, governance will be performed via the block-chain dApps and governance portal, especially the non-centralized ones.
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Conclusion
Every industry has potential needs that they must consider in other words to say that transparency in all possible ways between B2B or B2C, that is a basic priority.
However, there are many other interesting, technical and modern tools behind GeomaDAO. However, GeomaDAO is a large mechanism that works on the harmonious development of the whole society. Thus protecting nature and the rich global resources.
For More GeomaDao Insight click the links below:
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/
Bitcointalk Username: TheICE007
Profile link: https://bitcointalk.org/index.php?action=profile;u=264068
Eth Address: 0x615Da17E40372526d53980D3D4b56d37A8410555