GEOMA DECENTRALIZED AUTONOMOUS ORGANIZATION - DECENTRALIZATION AT ITS COREl

in defi •  5 years ago 

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Ever asked yourself why the world is still finding it difficult to move forward even with the improving technologies?.

Despite the development of the digital system whose aim was to liberate the world both from financial difficulties and tedious activities, the world system is still plunging deeper into inefficiency of operations.

The reason for this is already obvious, the actions and activities of giant companies and systems are still keeping us entrapped and has halted the progress of the world system.

They choose to make themselves wealthy at the expense of others, which is not a very great thing to do, but these systems care so little about what is right or wrong, as they are just centered on filling their bags, through centralization of their systems.

By its full centralization, they tend to rule the way they want, not putting the users of these systems into consideration. The poor users on the other hand have no say on issues regarding the system, and so have to go with whatever these centralized bodies decide.

Well, to the users and the world at large, there might be hope after all.

The emergence of the Blockchain technology, a fully distributed ledger technology which has the potential of setting the world free from centralization, only if used properly, as it could also mean a devastating tool of enslavement, in the hands of these centralized systems.

Fortunately, the Geoma DAO has been created exactly when the world needs it.
You are probably asking what Geoma DAO is…

GEOMA DAO - DECENTRALIZING THE WORLD WITH THE BLOCKCHAIN TECHNOLOGY

Geoma DAO (Decentralized Autonomous Organization) is the platform that has emerged to efficiently use the Blockchain technology, in decentralization the entire world system, in order to drive productivity and ensure progress.

Geoma which was coined from the word, Earth Management, will leverage the use of the prevailing technologies and tools to make the activities of the world more beneficial, by eliminating the centralization, in the different systems where it has its claws.

HOW GEOMA WILL ACHIEVE THIS…

It introduces a new governance system, which does not operate like the regular government.

On the governance of the Geoma DAO, the developers are considered as part of the contributors on the system who oversee the affairs of its users, just at the onset, not as centralized bodies piloting the affairs of everyone.

The real governance on the system is done by members, by making proposals of new projects to develop or existing decentralized Blockchain to build on, for better performance.

To finally decide, the members are given the opportunity to cast their votes in favour of what they want. Once the voting process is over, a consensus will be reached, on the projects to build, from the result of the votes.

Upon reaching the execution stage, members vote for contractors they want to carry out the job and the winning contractors execute the project.

So you see? the entire governance and operations of the Geoma DAO is done by its members, unlike the centralized systems in the world today.

Geoma DAO is a true definition of decentralization and is giving the DeFi industry and the world at large, to become financially free and self-sustaining, without having to depend on the centralized bodies to call the shots.

THE TOKEN
The GMD token is the digital cash on the Geoma DAO platform, and is seen as the native currency of the system.

This token (GMD) is an ERC-20 utility token that let's its holders have the power to vote, make proposals and carry out other activities.

With the GMD token, Geoma will bring that dream of decentralization to reality.

TOKEN INFO
Token GMD
Platform Separate Blockchain
Type Utility
PreICO price 1 GMD = 0.0074 ETH
Price in ICO 1 GMD = 0.0074 ETH
Tokens for sale 20,895,000

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GEOMADAO ROADMAP

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CONCLUSION

By addressing the issue of centralization, Geoma understands the need for a better world system.

And through its improved governance structure, it has taken the world closer to efficiency and has made the use of the Blockchain technology more productive.

Through the massive adoption of this system, fully decentralized Blockchain will be built, and it will be the dawn of a new digital era.

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For more details on the Geoma DAO, kindly see below links:
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'S DETAILS
Bitcointalk Username : Juliwantslove
Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=2443607;sa=summary

Eth Address: 0x0e02363F12eaBeE63ce2D4F30f34A0E2770d5422

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