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INTRODUCTION
Are you wealth? Are you poor? Are you part of the middle-class people? No matter your financial status, the fact is that some people are earning more than you do while you are earning more than other people do too.
The idea is that wealth isn’t static. It revolves and many people tend to become richer or poorer depending on how the tables turn. That notwithstanding, the current situations in the world continue to prove that wealth isn’t something many people may be able to get.
Instead, wealth seems to favour some people at the detriment of others. Therefore, there is an unbalanced and unfair management and distribution of wealth.
The Coming of the Blockchain Technology
When Satoshi Nakamoto released the whitepaper detailing the importance of the blockchain technology and how the currency, Bitcoin (BTC) can change the world, his concept wasn’t understood.
Now, it is clear that the overall proposition of the blockchain technology is to bolster the distribution of wealth in a way that many people can have fair access to wealth.
THE DAO PERSPECTIVE
Things took a more interesting twist at the launch of the Decentralized Autonomous Organization (DAO). DAO is a model that ensured that people are allowed to “lend their voices” and contribute to the decision-making processes of blockchain-based networks.
The Geoma DAO Angle
In the light of some glitches in the current DAO frameworks, the Geoma DAO platform has been launched to introduce innovative ways that can be used to increase the viability of Decentralized Autonomous Organization (DAO).
FEATURES OF GEOMA DAO
Geoma DAO has some features and characteristics, which when applied, can be defining forces for reinventing and repositioning the current DAO for greater heights.
Below are some of those features and the contributions they make in the overall Geoma DAO network:
- DAO DApp
Decentralized Applications (DApp) have been gaining tractions ever since the blockchain technology came into being. That is why the Geoma DAO network is using them as a way of attracting more users.
The dedicated blockchain-backed Geoma DAO DApp will among many other things, be able to facilitate governances that will initiated via the dedicated governance platform.
The other unique thing about the Geoma DAO network is the other features that are added to it. There is the Lending, Finance, Proposals, Vault, Voting, and Debate platforms.
DISTRIBUTION OF WEALTH
At the core of the value propositions of this project is the even distribution of wealth. It is pertinent to note that the distribution of wealth as stated herein is applicable to those contributors that are there to aid in the governance model created by Geoma DAO.
The distribution of wealth can be achieved when Geoma DAO starts to invest in basic areas that affect human lives positively. Some of those are investments in healthcare, energy, real estate, and food technology.
From the above, it can be deduced that Geoma DAO will be able to chart sustainable developments in the healthcare system, just as it would perform a similar feat in the energy sector. In addition, we should expect bountiful harvests and provision of housing and roofs over our heads as the project will be creating wealth by investing in food technology and real estate.
FINAL WORDS
It has been a long time coming since the blockchain technology took the lead to create wealth for everyone. With the different and feasible value propositions of the Geoma DAO project, there is little or no doubt that the journey of creating even distribution of wealth via the blockchain technology and the Decentralized Autonomous Organization (DAO) is achievable and will get better with the coming of Geoma DAO.
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
YouTube: https://www.youtube.com/channel/UCys4E09zDz9xjlyKiBZwr_g?view_as=subscriber
AUTHOR'S DETAILS
Bitcointalk Username: Stonechris
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661433;sa=summary
Eth Address: 0xeF728a6f7aB532bac5b2662B9eE6a0C097bc5243