A brief review on GeomaDAO
According to the inventor of blockchain technology, a blockchain is a veritable tool that has the attributes and capacity to give man what rightfully belongs to him, without any form of interference. This is a good intention, but the concern now is that, is it actually manifesting its purpose? Another question I would also like to pose to you is that; Does blockchain technology truly cares about a man its autonomy? Well, I am not leaving you to answer those questions, but will in all sincerity reveal to you how possible it is for you to get your power of autonomy, through blockchain technology.
It is high time we started realising that there can be a revolution; there can be a restructuring and that starts with you. We can be independent of any authority that has centralized power, to stamp on the right of others. We have the power of blockchain technology, which cannot be altered, we have an organization that so much care about our future, the future of the masses, we have DAO, a Decentralized Autonomous Organization. An organization that has given everyone the privilege to be a member, An organization that gives every member the right to vote. An organization that gives you the right to submit a proposal(s) for a vote, whether now or in the future. With DAO, you cannot be denied you right.
This became the mentality of a team that cares about autonomy and decided to come up with a unique project called GeomaDAO. That is why GeomaDA was never an accident but was created for a purpose. The GeomaDAO team is, therefore, saying no to corruption, it is saying no lack of human feelings. It is saying no to a system of government that is self-centred. The team has seen into the future and knows what it holds for everyone who cares to be independent.
Human and the Centralized Government
DAO is one of the recent areas of interest when it comes to IT. The application of blockchain technology has therefore enabled more energy to be put into it, but there are still lots of works to be done because there has not been a satisfactory result. Man has long time ago come up with a system of government, but this system f government has been centralized. Enterprises, for instance, have the objective of expanding investor esteem. So as to accomplish this, they develop in size, enlisting the best ability they can discover. These representatives work perseveringly, they hone their aptitudes, develop into pioneers, and rehash the pattern of employing different labourers. All for the sake of the investor. However, in the end, these associations become so enormous that minor gains in proficiency lessen. Outside serious powers or new contestants/new companies begin to outflank the officeholder in speciality markets. We've seen innumerable instances of once impressive organizations fail miserably. We're at that point did focal administration help develop these organizations and in the end, become their demise?
Decentralized Network of Governance
DAOs represent a potential paradigm shift. Decentralized networks such as Bitcoin may not have a company or leader to go to for decisions. How then will decisions be made to benefit all network participants? With so many skills, grow into leaders, and repeat the cycle of hiring other workers. All in the name of the shareholder. But eventually, these organizations become so large that marginal gains in efficiency diminish. External competitive forces or new entrants/startups start to outmanoeuvre the incumbent in niche markets. We’ve seen countless examples of once-formidable companies bite the dust. Where then did central governance help build these companies up and eventually become their undoing.
This is what GeomaDAO aims to achieve. A system that enables every contributor to make a decision, to vote and to set a pace for research or investment interest. One of the purposes of this project is to generate income for every participant. It cuts across investments in and aims at Real World Projects, such as Vertical Farming, Medical Cannabis, Green Energy, or the more conservative cashflow like the creator of Real Estate.
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