The initial word "DAO" stands for "Decentralized Autonomous Organization". The term "decentralized autonomous organization" The DAO concept was first realized by Ethereum in 2016 under the name "The DAO" and hacked in June of the same year. As a result, Ethereum Classic cryptocurrency was created through Ethereum's hard fork because DAO security can no longer be guaranteed. DAO is a managerless digital company and the procedure rules cannot be changed, which are set in the code. Partner organizations can use voting procedures to make decisions about the direction of the company's future development. It is based on a grassroots democratic approach and utilizes the intelligence of a group of partners.
What is organization?
An organization (Greek órganon) describes the process of design, furniture, construction, and orderly organization. Designing, organizing, building, and organizing something according to plan makes it easier to implement more complex projects. The aim of each organization is to formulate binding rules. These rules must be able to be followed reasonably and independently from each other for all participants involved and lead to the desired goals.
The principle of organization can be applied to any company, where it makes sense to share a process, an activity, and to establish rules that are appropriate for individuals, actors who interact to achieve common goals. The following principles apply: strategies follow structure. Depending on the company, the strategy must therefore be formulated, in accordance with the basis of organizational architecture. The actors involved can direct themselves to the architecture of an organization and make rules for actions so that they can coordinate their work steps that make sense and make sense with others.
In our view, this is global human collaboration which is the most advanced model. This is indeed a new economic model for the 21st century. The potential of DAO is very large and has not yet been explored. This is determined by high standards of ethics, intelligence, knowledge and contributors. Contributors can make DAO progress from innovative energy technologies, agriculture, advice targeted by the health and insurance departments just to name a few examples. DAO exponentially increases performance, if it can be executed in the physical world. Accurately, this is what GEOMA DAO will achieve to build cash flow and wealth.
Web-Based Projects | Real-World Projects
The web-based project should revolve around the idea of decentralization, a possible proposal could be:
The protection of ownership
The protection of personal data and monetization
OTC desk from FIAT /CRYPTO/FIAT
VR Educational Games For Children And Teens
The real-world project should focus on innovation and enterprising and cashflow. The possible proposal is the idea:
1.Vertical Farming
2.Medicinal Cannabis
3.Green Energy
Real Estate
Geoma DAO will keep it simple, this pragmatic level. Blockchain technology is designed to have destructive. Damage derived from administrative decentralization and autonomy. DAO or decentralized autonomous organization, as the structure, was born the same day Blockchain technology disclosed to the public. It is, in our view, the most sophisticated model of global human cooperation so far.
Proposal
Key technology and achieve Blockchain More and more companies will use technology. The Blockchain Geoma DAO can act Consultants in partnership with these companies to help them find the right form and Functions to meet their needs but also develop the final product. This made field cash flow contributor to the DAO.
Specializing In Real Estate
Acquisition of real estate resold at a higher price or a store of value and leasing options.
Bank deposits are often called, have to sell their assets is a much lower package
The actual price of the market price. DAO can buy some of these assets and then sell at market prices. Cash flow is also provided for DAO creates. purchase
The apartments and rent them out another way to create ownership and cash flow.
Structure
A DAO, as the structure of government, but it should be understood by the general public. Most of us are so tangled in the current system, the concept of DAO seems science fiction. What we do know is that enterprise architecture is to create a model with unlimited expansion. limited expansion is not possible. Due to the structure, the model will fail. But before it does not make any effort to maximize profits. We arrived at the point of expansion to give pause. And we expect to stay behind. Take a look at our oceans, our ocean, our water, our food quality, our parents, our Society. It no doubts that in the long term is not sustainable. DAO is definitely a viable option. They may change the economic structure of our society more aware of the future.
The (GEOMA DAO) network distributed only other contributors. There are no quick profits created by the DAO, it creates to generate stable and sustainable growth, and smart contract with Blockchain life, appearance, and interaction. This should act as an appropriate technology Blockchain:
Voting for the implementation of the proposed activity is an important function of GEOMA DAO.
If the pre-determined percentage of contributors agreed consensus of action is made.
Common methods of uninterrupted rule. There will be no CEO, senior management, middle management, reduce management a.s.o.The founder contributors should be regarded as a pure network. Their role is only to monitor and determine the ownership of first quality. Some of the money siphoned from the pyramid structure ICO- market by the company's management has been carried out. centralized management of this type usually allows individuals to create lead hazards information on the results of other people's asymmetric flow. In other words, the kind of government that comes from the strict rules in the world can easily lead to manipulation and fraud described by the concept of a decentralized world of autonomous organizations.
The main proposal is a way GEOMA DAO layer of decision-making.
For the implementation of the project, the contractor will be appointed by the noise.
The GEOMA DAO to create real wealth for the contributors, and bring value to the community.
Ownership Certificate
For security reasons, to avoid duplication, false, and false, the certificate will be equipped with Blockchain ID and broadcast to the network. The ID will always be linked with a smart contract and can prevent the browser from instantly verified. It is also important when the certificate changed owners. Buyers can easily verify its authenticity. Certificates can also be printed and stored in a safe.
Focus On The Future Of Agriculture
Including the future of vertical agriculture farming. A vertical agriculture Net
Health food with fewer resources. A detailed proposal stands in vertical farming
On-site Geoma DAO can be read by contributors. A cash flow back to the creator of the DAO
Focus On Sustainable Clean Energy
Creating emerged from small horse manure through new energy technologies. With these new progressive technologies to create cash flow contributors to the same DAO. Details find websites DAO.
In The Form Of DAO
Phase 1 ERC20 practical use tokens to comply fully compliant with regulatory agencies, and provide access to a global audience. Which marks the bear's proposal and voting rights. We give the project was abandoned or dead, to reclaim the token holder for the opportunity to exchange their losses at a reasonable pace.
GMD Token Model
ERC20 token should be seen as a token of the utility. It is proposed to the holder of the token, the right to vote and to participate in activities in the network. Think of it as safety pins? Appearance Let's look at the guidelines say the SEC. Because Howie tests have shown that when “investment contract” should get the money from the efforts of others in the investment is estimated there may be a public company and profit. It is a certain time in a digital asset test to meet the offering or sale depending on the particular facts and circumstances.
Is this an investment of money in a common enterprise? No, because of the GEOMA DAO is not a Company or a Corporation, and so it is not a common enterprise.
Reasonable expectation of profits to be derived from the efforts of others? No, because the effort is a common effort by the entire Network.
The GMD - ERC20 Token Contract address can be seen here https://etherscan.io/token/0x2509B1A5FF82AB94172cFc527676AcF45C2A0D08
Token Distribution And Price
Only 21.000.000 GMD - ERC20 Utility Tokens have been minted. Token Distribution will be as follows:
5% representing 1.050.000 GMD will be used for the Bounty, Airdrop, and Exchange Liquidity Program.
1% representing 210.000 GMD will be distributed to early contributors and founders.
94% representing 19.740.000 GMD will be distributed to contributors.
1.0.4 USD/1GMD for early birds during the Bounty Campaign
2.0.7 USD/1GMD After the Bounty Campaign until the IEO
3.1 USD/1GMD IEO price
GMD Swap
Giving the Nature of the Project and its real-world applications GMD /GMDST tokens can be swapped at a rate of 100 GMD/1GMDST.
GMD Token Holders can earn by stacking at a maximum rate of 10%/year.
GMDST Token Holders will earn monthly benefits from the projects of the DAO.
Roadmap
2016 - 2019
Research of over 2000 Blockchain Projects and their possible impact in the Economy
2019 September
Creation of the GMD ERC20 Token in compliance with the SEC Howey Test
2019 December
Launch of the Geoma DAO Website and Media Channels
2020 January
Preparation for the Airdrop and Bounty Campaign
2020 February
Start of the Bounty and Airdrop Campaign
2020 March-May
Formation Phase of the DAO
Vote on the best Blockchain for DAO usage
First Project Proposals
Vote on Projects
2020 May-June
Begin of project implementation.
Listing preparations.Proposals and Vote for the best IEO Exchange
2020 June-July
IEO
Building Structure and Community
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 : OFWARE
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2702243
ETH: 0xfb9B7ED726049B6Aa2b570F7aED6C85e447c9540
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