Review Geoma Dao - Geoma Dao Token, Team and Road Map

in #blockchain • 4 years ago

In the previous article I have introduced you to Geoma Dao, Mutual Fund managed by the power of DAO, Why DeFi became Scar Scarrow's financial institution, A DAO will only work if members of It uses their intelligence and knows how to propose and vote for creative projects. Let me re-introduce Geoma Dao to you who have not read or you can also visit: https://steemit.com/blockchain/@nvtvlog/review-geoma-dao-a-decentralized-autonomous-organization-which-cares-for-the-future to be read again. The Geoma Dao(geo=earth, ma=management) is nothing else than a Distributed Network of Contributors. The DAO is not created for fast profits, it is created to generate steady and sustainable growth and it lives, communicates and interacts via Smart Contracts on the Blockchain. And this article I will introduce you about Geoma Dao Token, Team and Road Map

Geoma Dao Token


The GMD - ERC20 Token should be seen as a Utility Token. It gives Token Holders the right to propose, vote and take part in activities within the Network. Can it be seen as a Security Token? Let’s see what the SEC has to say in it’s Guidelines. As the Howey test indicates, an “investment contract” exists when there is the investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others. Whether a particular digital asset at the time of its offer or sale satisfies the test depends on the specific facts and circumstances.

  • Is this an investment of money in a common enterprise? No, because 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.
  • However, the DAO will have a second Token Model and this Model will be a Security. GMDST Tokens will be released to Members after the implementation of a real world project has been voted. This Token bears Ownership and Divided Rights. GMDST will always be backed by Tangibles like Land, Buildings, Water, Forrests, Food a.s.o. In this regard the Token will have a relative stable value , giving the Token holder certainty that his investment is secured. Along with the GMDST Token comes also an Ownership Certificate The proposed certificate will look like this:

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  • For security reasons , in order to avoid duplication, fakes , and forgery, the certificate will be equipped with a Blockchain ID and broadcasted to the Network. The ID will always be connected to the Smart Contract and can be verified on the Block explorer. This is also important when the Certificate changes owners. The buyer can very easy verify its authenticity. The Certificate could also be printed and kept in a safe box.

About us:


THE GEOMA DAO IS A STRONG ADVOCATE FOR BLOCKCHAIN TECHNOLOGY AND IT'S ADOPTION.

We are Blockchain Enthusiasts:


We simply see the positive changes this Technology can bring to the World if it is used in the right way.

Simpler, Smarter, Faster


With no Pyramid shaped Leadership Structure a DAO can function more efficient,fully transparent and highly secure.

Team

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Arthur Fleischer: Blockchain Enthusiast and a Believer in true Decentralisation,Arthur studied Economics and Engineering in Munich,Germany.Well educated in the Financial System,Sociology and Human Behaviour ,he's the right Person to start and take this Project to its achievable goals.

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Florin Vranceanu: Florin is a well renowned Lawyer.He is leading his own Law Firm. Among his clients are Industrial Holdings but also small to medium sized Businesses .He will represent the DAOs interest before third parties such as Local Authorities,Government, Regulators.

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Toma Adrian: Adrian has recognised the power of real Decentralisation early and has committed himself to Blockchain Technology, its development, and its adoption.He worked as a Project Manager, translator and bounty manager.

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Sylvester Anichebe: An open-minded crypto enthusiast who believes in being part of a cohesive team that functions quickly and effectively can, benefit the crypto community and foster growth and overall development of the crypto space.

Road Map

4 years ago in #blockchain by
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