Topic: [ANN][GMD]The Geoma DAO - Steady and sustainable wealth creation. - page 16. (Read 7090 times)

Thanks.We will see how the campaign goes.It is only the second week out of eight.You could be right though.We will take a closer look at exchange practices.We have only offers for now.

You're right. Some teams that recently held IEOs on smaller exchanges have not sold many tokens and raised only a few BTC/ETC/USDT coins. On the other hand, listings on such exchanges are cheaper, so people can trade tokens as soon as IEO is completed. In my opinion, the project should be widely advertised in order to succeed, therefore the bounty campaign and tokensale should be carried out simultaneously. Nowadays, traders scrupulously research and inspect each project they want to invest in. I think the Geoma DAO looks promising. Good luck, team.

Truth is that we must be cautious .We have to make the right deal with an exchange.An IEO may sound promising ,but it is also a moneymaking machine for exchanges.There are a "ton"of exchanges offering IEOs.They come with a cost of between 0.5 BTC-and can be as high as 25 BTC.This is an upfront charge and they don't really care about the quality or the intent of the project.Also some Exchanges like to lock up  the funds from the IEO and release them in time over a few month.All kind of practices.We have talked to projects which had IEOs on smaller exchanges and they raised almost nothing.What we don't like is that the high fees are diluting the Projects money.If there would be a fairer way we would use it.When the time is right we will choose wisely.

What people are waiting for is an IEO at big exchanges and hope the project can accomplish this in the shortest time. Personally, I greatly appreciate the effort of the group and will continue to follow the latest news as this is a big project. In addition, recently the project community is starting to become more active and there will certainly be many new investors in the near future.

It's communications like these which keeps the community alive and grow with time.
I have come here to ask about the IEO and already got the answer, will be spreading about the project in my local community and let's hope for the best.

Thanks for the reply.
As you can see we are still very young.And we do not hurry anything.What i can say is that we had talks to partner with some of the more serious projects in the space.What we want to build has been attempted only once and the governance platform is complex.At the same time the platform has to be very user friendly ,for any normal user.We keep on going as per our strategy.An IEO comes in play when our community is over 1000 members, organic members.And the exchange will be voted by the community for the IEO.So we are looking forward,

Is there any confirmation on this.? About the IEO in one of the exchanges mentioned.

As far as I have seen the community is not just a marketing trick and most of these are really interested in the project. But I still see lots of unspecified things in the project and would love to see the team partnering with other projects.

Yes, the tokens will be sold in IEO probably in one of the exchanges: Okex, Binance, Liquid, Bittrex or some other good exchanges.

We are in the process of creating a united community and we invite anyone who shares our opinion that the future should be decentralized to join us.

We are trying to secure some strategic partnerships that will help us achieve our goals. Many have already recognized the uniqueness of DAOMA DAO. We are slowly but surely building a huge community (we are already 300 on telegram). This is just the beginning of a beautiful journey.

1 million bounty allocation is good sound instead of 18 million GMD token. Token sell will start in ico stage? Although DAO team's first priority to make a strong community than they will looking for binance,Okex,bittrex those are big exchanges, if not easy to run IEO in here. As per as supply it’s good possibility to reach high price, it’s depend on investors and how much make to strong liquidity.                 

If we want to move forward from the old closed hierarchical leadership system into a distributed system this is the way to do it from the start.And we have absolutely nothing to lose .We see Blockchain as a tool, and we want to use that tool in the way it was created from the beginning.The time is right, in our opinion.The concept is solid, our strategy stands strong.Sure we will have some hurdles to take out ,but this will go smooth and easy as a community.Only good things to come...

After my brief conversation with the admins of this project on telegram, i can see the direction of this project and their intention on this space,
I think to my knowledge, this is the first project that is proposing to escrowed their upcoming ieo funds just to keep investors informed and provide much transparency, (i don't know any project doing that or have done so)
Not only that, they are committed to build a strong community where everyone can provide suggestions, solutions, opinions, collectively as a community which is cool,  (in the words of HBKMusik… true meaning of democracy)
I like the fact that Geoma DAO intends to be more transparent about the project operations, i hope they can keep it that way.

The education of the masses is one of the purposes of this project.

If more people realize that there's another way they will fight for what is right, in every case education is power (and by power I don't mean that selfish and greedy approach).

You can look at a DAO and see the true meaning of democracy.

You are absolutely right.They try to use the method as the english Kings did with the Scotts:"If we cant get them out, we will bread them out".So yes they are trying to destroy with their derivative markets ,and futures markets and by direct manipulation .Our model and our strategy is solid.And we use some of their methods to beat the odds.If they think they can shut us down, they will have to kill the internet.Even then, a Blockchain can be transmitted via Ham Radio.So they would have to kill electricity.))We need Crypto to gain value in the real world.Thats what we are doing.

dont get me wrong , but i meant the adopting of crypto by mainstream .. i dont think they gonna accept this easily ... this means giving people power ..
( for the next i have no hard evidence )
first they laught about it , it was a joke , then they saw it was not a joke , so they tried to attack bitcoin with negative publicity .. they saw it didnt help either , after that they participate in btc and trying manipulate the prices trying to scare people off ..

but i see so many developments and evolving in crypto-world, its hard to follow them all ...

this is history ... 

Hahaha..,nice one.What could Banks say?They can say whatever they want.We don't want to pay their CEOs anymore.Did you see how much Jamie Dimon got as a bonus? Over 100 million USD.For doing what?Rekting the Economy, applying  negative interest rates ,sucking people dry.We could spread that money in a more socially conscious way.I mean they took it from the Enduser.They always do.This is the only way we can take real action.

blockchain is really on evolving .. till now i didnt know what DOA meant ..  and deFI ??

but honestly asking my self , how will banks react to this phenomen when its adapted by the mainstream ??

After I had a lot of discussions with the guy that created this whole new concept (Arthur) I decided that I should join their team and help the project with everything I can.

The website has been updated and the ANN has been modified from the OP post.I've been starting to contact some of the important figures from bitcointalk forum because I want to know what's their opinion on the given project and I was really surprised that they showed positive feedback (until now). It seems that the sincere way is the best way.

I believe that the progress of a project should be made transparent since this is actually a DAO and without the implication of the community, the project worth is zero. We've been in talks with the guys from https://daomaker.com/ because we are seeking to create a strong partnership with them and maybe use their model of community interaction: social mining (https://daomaker.com/social_mining).

We are inviting anyone to express their feedback here on the thread or on telegram: https://t.me/geomachat, as it is stated in our whitepaper: Proposals are the primary way of decision making within the GEOMA DAO so come and propose.

Thank you for your post.

First of all we do not blame anyone.We cant afford to blame.We just point out some criminal activities.Or don't you agree that there is intentional, criminal activity regarding projects?
Secondly ,we do not promise anything.We have a product, a solution, and we have a strategy.This is enough for our project.We are not in the"fake it till you make it"business.In this regard:not guilty
Our token is a formation phase token.Funds will stay in escrow and are not touched by anyone.Should the formation phase fail ,contributors will get their money back.Instantly.This is the beauty of being decentralised.
Regarding this:ICO/ITO/IPO/TGE/IEO/IDO/ETO "all means the same thing - an exchange of financially valuable commodities/goods for similarly valued."
We do not play with semantics.And the quote is a theory.It should be like that indeed.The formation phase does not include any exchange of value for similar value.So no, it is not an ICO.
After the formation phase:
We have our governance model ready ,but members have to chose through voting on which blockchain it will run.There are several good ones but they should fit in form and functionality needed.Best to decide upon this are the members.
We have real World projects ready.Again, members have to vote their implementation.Little mistakes can be made if  members are given the real possibility to decide.
We will contribute to the health and adoption of Blockchain Technology.
Small investors are those hurting because of negative interest rate, high loan rates a.s.o.Also those who lost 90-99 % of their investment in abandoned or dead projects will have the chance with us to regain losses.VCs wont touch our project because they want fast money.And Hedge funds don't give a dime on Blockchain ,decentralisation, autonomy.It is against their regressive business model.

"The mysterious "they" that you claim are manipulating the market"are not so mysterious.It is all in the ledger.Anyone can see big movements before a pump or a dump.Also the printing of unbacked stable coins can be followed.Anyone interested can verify these things.So no mystery there.
It will be hard to "have a field day with this one too"
See, when a real world project gets implemented, the formation phase token will be exchanged for Project tokens.These give partial ownership rights and benefit payout rights.A paper certificate, will also be released, just in case.Project tokens have real world value because they will be backed by tangibles.You can manipulate tangibles on the futures market or the derivative market.But not as much.The coin will naturally increase in value by value added, and decrease by value subtracted.meanwhile the tangibles ,put to work, will create cashflow.
We would rather see 1000 millionaires than 1 billionaire.It is socially more conscious.

Thank you again for your opinion.It is highly appreciated.