Topic: [ANN][GMD]The Geoma DAO - Steady and sustainable wealth creation. - page 3. (Read 7090 times)

Nice to see activity

So GMD will become GDC, go from 21 million to 100M, Security tokens? and when swap start?
I hope, it can go well and on time.

Nice to see activity

So GMD will become GDC, go from 21 million to 100M, Security tokens? and when swap start?
I hope, it can go well and on time.
But I request Dev to be active here and write something about the project
it will look even great.

21 November is the deadline for the new website and token release.We will do the telegram group sooner for the old token holders.

As you all know ,our project had some setbacks mainly because of the global health issue called Corona Virus.This setback had a positive component though.We had time to do a lot of research on regulations coming into the Blockchain space.For small investors this will be particularly a good thing.Scam projects have sucked out billions of dollars from small investors leaving them in the ashes.Some say its the peoples fault they got burned.We are of some other opinion.Nevertheless:regulation comes and it comes fast.Regulators ask for some kind of incorporation in order to have legal control over any business.Incorporation in most cases is opposed to what blockchain technology is supposed to represent: decentralisation and autonomy.The only form of incorporation we have found, where Blockchain fits as a glove is the Co-operation or COOP.

It took us almost 3 month to register the Geoma COOP.And this was mainly due to the fact that the founding members have to undergo a thorough control by government
agencies ,mainly the IRS and the judicial system in order to insure that there was no criminal activity in the past, or ongoing in the present, until a judge releases the incorporation resolution.We got it this past week and are happy about it.Now we can operate in both worlds in a legal manner.
Why is the COOP the best way to conduct business within a community using Blockchain technology at the same time?I will give you some extracts from the laws governing COOPs:

If you want to see some work our Devs have done, which are now members of the COOP you can visit blockbits.io or genomes.io .

a few hours ago in the group there was news about some kind of announcement at the end of the month, already interesting)

As I understood by a phrase "Meet some of our early members", project will add much more team members later. What kind of specialists you want to add in your team?

In fact if their reason totally non sense while there are a bunch of defi platforms that have already launched their platforms even when the pandemic is still happening. They should take a better reason rather than it.
When the hype is happening and this time should be the best time to launch a project but it looks like geoma will actually become the next dead project.

Im sure about this. It looks like the developer don't have any interest to continue the project.
This is actually dead.

definitely not the first, as far as I know, they wanted to work at the state level, but then covid and the project was stopped.At the moment there is no interest in the project, you are right.

a few hours ago in the group there was news about some kind of announcement at the end of the month, already interesting)

I think they were the first DAO on the forum. They got all the aces, but for no reason they did not got much attention from investors. Maybe their concept was just not understood. Strange. They had a great bounty campaign. Hunters created good hype around them. But in the end there is nothing from them. No interest, no demand.

After all this time and the owner only gave statements like that? This is not an interesting project, this project does not know how to develop.

a few hours ago in the group there was news about some kind of announcement at the end of the month, already interesting)

Even on the rebranding, there is no information, people are ready to sell their tokens ten times cheaper, this is already strange. People simply have no faith in the project.

I think rebranding did not give a solution because investor confidence this project has decreased especially from the team itself still has not provide any responses to the community here when its going to rebrand it need to approach investor it will be difficult if this is not done .

Rebranding? I don't think it's going to work, the team from this project just told me they will improve, but they don't know how to do it. I have seen many projects fail and rebrand but still fail, I think that will happen here too.

So we'll see what they are up to now I hope it's really a good one.

We will have an audited token. Legal and legit

Hi.We have incorporated the project as a COOP  in order to go 100% legit.We applied for a licence for blockchain applications.We have the arhitecture for the chain ready .We don't want anyone who invests to get hurt in any way .There is too much garbage in the space and we want to go from the beginning clean.COOPs are the closest to DAOs in the real world. This is not a pump and dumb project. It's for medium and long term investors for sustainable gains. A rebranding is on the way.