The blockchain technology came with the prospect of reinventing how we have been going about our daily business. In the place of that, the network proposed a different model, which is making use of peer and intermediary-free systems for communication.
So, it has been the trend for over a decade after the launch of the first blockchain network and cryptocurrency called Bitcoin (BTC). Soon after, many other propositions, such as Decentralized Autonomous Organization (DAO) came into full force.
The Current DAO Structure
Decentralized Autonomous Organization (DAO) is a unique governance model that uses a decentralized value to ensure that all participants are allowed to make and agree on what should be done.
The challenge however is that the primary aim of the DAO, which is full-scale decentralization and multiple use cases hasn’t been tenable for many years.
It is to that end that the Geoma DAO project was launched to be the defining DAO platform that will solve those problems and once again, set the Decentralized Autonomous Organization (DAO) back on the path of glory.
The Technical Structure of Geoma DAO
Geoma DAO is what I will called “one for all”. It implies that the project doesn’t have specific people or audience that will benefit from it. Instead, it is working tirelessly to ensure that the users of its network are able to enjoy progressive and full-scale decentralization as far as blockchain-based governance is concerned.
Primary Targets
Wealth is all around us. The only problem is that only a few people have access to it. That is why the poverty index and the ratio of rich to poor people is on the high side.
Hence, to get or attract some money to your side needs some careful analysis of the current situations with a view of charting strategic courses of making money.
That said, the Geoma DAO project is out to enrich those who had hitherto been sidelined as far as wealth distribution is concerned. Therefore, the project is committed to creating consistent and sustainable cash flow for its users.
Among the many beneficiaries and industries that will benefit from it is:
Real estate
Energy
Healthcare
Food Technology
The Distributed Network of Contributors
At the core of the value propositions of the Geoma DAO project is the fact that it has a unique and vibrant distributed network of contributors. It is these contributors that help in coordinating the affairs of the platform and at the same time, will be bolstering the project’s aim of creating a progressive and fully Decentralized Autonomous Organization (DAO).
On the one hand, there is Contractors that are there to vote for projects they want to be added and published via the Geoma DAO platform. On the other hand, the Contributors will be charged with the responsibility of ensuring that the Proposals passed into the platform will be voted for or rejected.
Conclusion
The Geoma Decentralized Autonomous Organization (DAO) is undoubtedly, on a mission to change blockchain-based decisions and with the look of things, it will achieve those and much more.
USEFUL LINKS
Website: https://www.thegeomadao.com/
Whitepaper: https://drive.google.com/file/d/186LX27VMtGh3Pe6dDSXiIZ7LmvVdyeyP/view?usp=sharing
Telegram: https://t.me/geomachat
Twitter: https://twitter.com/thegeomadao
AUTHOR'S DETAILS
Bitcointalk Username: Chidoskim
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2652432
ETH Address: 0x4F70c5e328B15825Fa456a4F32fEeF315ba88FDf