Goldma rebrands to Goldma DAO!

What is GOLDMA DAO?

GOLDMA DAO is a decentralized reserve currency protocol based on the GMA token. But, what is a DAO? A decentralized autonomous organization, or DAO, is a blockchain-based form of organization or company that is often governed by a native crypto token. Anyone who purchases and holds these tokens gains the ability to vote on important matters directly related to the DAO. They typically use smart contracts in place of traditional corporate structures to coordinate the efforts and resources of many towards common aims. These are self-executing computer programs that carry out a particular function when certain conditions are met.

What is the aim of Goldma DAO?

The native currency of Goldma, GMA will serve as a reserve currency backed by assets owned and maintained by it’s truly decentralized, autonomous protocol. GMA token is backed by a basket of assets (e.g. USDC, DAI, FRAX, and etc) in the GMA treasury, giving it an intrinsic value that it cannot fall below. Goldma is a fork of the Olympus Dao and Hector Dao whose smart contract is deployed on the Polygon platform introducing a unique economic and game-theoretic dynamics into the market through staking and bonding. This also enables Goldma to own almost all its own liquidity which is known as “POL” or Protocol-Owned-Liquidity

In addition, Goldma DAO proposes to align its goals, principles and values with The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries — developed and developing — in a global partnership. Goldma also recognizes that ending poverty and other deprivations must go hand-in-hand with Goldma’s wealth building strategies which simultaneously improves health and education, reduce inequality, and spur economic growth — all while tackling climate change and working to preserve our oceans and forests.

Uniquely, GMA which is backed by USDC, DAI, and other digital and real assets owned by the reserve treasury; will function in a manner, so as to incentivize those who are interested in aligning with The UN 2030 Agenda for Sustainable Development.
Operating in a very similar way as Olympus DAO and Hector DAO: when GMA trades below DAI or, the protocol will buy back and burn GMA, increasing its price to at least 1 DAI. This means that GMA will always be worth equal to, or more, than DAI.

Goldma DAO aims to become the de-facto reserve currency of the Polygon platform and other blockchain platforms, one which is truly owned and maintained by a decentralized protocol which serves the majority and aligns with The UN 2030 Agenda for Sustainable Development.
How to participate in Goldma DAO

There are two main strategies for investors: staking and bonding. Stakers stake their GMA tokens in return for more GMA tokens, while bonders provide LP or DAI tokens in exchange for discounted GMA tokens after a fixed vesting period.
Decisions will be made via snapshot, using sGMA as a voting token. Holders of sGMA can vote on proposals brought forward by the team, or bring their own proposals to a vote. Goldma’s ambitions can only be reached with the help of each member of the community

Creating Value

The protocol generates value through Bonds and Staking.

Bonding

Bonding is one of the ways in which GOLDMA DAO generates profits while also tackling climate change by offering bonding with BCT tokens, in the official launch. The protocol will sell bonds of other tokens like DAI for discounted GMA tokens, which will then be vested for gradual release to the bonding party. This allows full-time investors to actively manage their GMA portfolio and generate significant rewards over time whilst also supporting the growth of the GOLDMA DAO by financing its liquidity and facilitating more upwards price movement.

Staking

Staking is an integral part of the GOLDMA DAO. Investors will stake their GMA, locking it into the ecosystem and receiving compounding rewards in sGMA (which will always be exchangeable for GMA at a 1:1 ratio) generated by bond sales. Over time, the amount of GMA owned by stakers will increase, bringing more profit and reducing exposure risk. Staking GMA becomes less risky and more profitable over time since an increasing share of GMA will protect investors from negative price action, and given that the protocol ensures a price floor of 1 GMA per USDC, staking for long enough will guarantee profit.
Staking locks your GMA and gives you an equal balance of sGMA, which compounds automatically. To unstake, sGMA is burned for an equal balance of GMA.

How will Goldma DAO launch?

GOLDMA DAO will officially be launched on Feb 2, 2022 on Polygon.

There will be another presale here: https://polygon.copperlaunch.com/auctions/0x369e71D38A5DCF33C95476c934e47AB294EEd1fF
There is some pre-allocation from the original launch — TBA

Is GMA still worth buying after initial growth?

Once GMA is staked, your balance will increase with the circulating supply, meaning, even if you miss out on a lower price, your GMA balance will increase due to the staking protocol. Therefore, you will be generating a staking income, reducing your risk, even at a higher price.

Has GOLDMA been audited?

GOLDMA will be audited by Certik. More updates will come soon!

What is the relationship between OHM, HEC and GMA?

GMA is a ‘spoon’ (a fork which develops into its own unique system, and prefers cooperation over competition) of OHM and HEC built on the Polygon network, allowing it to utilize the speed, security, scalability and low gas fees that Polygon offers.

As I said to you earlier - Everyone on this forum knows your reputation of spewing false information, attempting to extort people -using multiple usernames and etc.
Your lack of professionalism, unsupported claims, and foul language makes everything crystal clear.
Your reputation for attempting to extort people continues to precede you.

https://www.youtube.com/channel/UCNcGmhIBRmDUn2B4tn2-_ZA/videos

Mr. Thule, show me any receipt of your investment. You do not have a receipt because You are merely a troll - WHo has tried to extort me and my company. It will not work. Everyone on this forum knows your reputation of spewing false information. 

I'm so happy you received your 4 waves tokens - so far! I wonder how many more Waves tokens - you will receive before Sept 30? (as described in the report)
Btw, our main ico price was never $13.00 as quoted above <-- maybe it was a typo

Side note:
Mr. Thule in your previous post  - you are failing to count properly. You should know that:
 
51% +25.5% + 20.4%

Does not equal 100%

Again, Thanks for advertising our operation.
No matter how Mr. Thule attempts to spin it or how much he blanks out the messages.
Your lack of professionalism, unsupported claims, and foul language makes everything crystal clear.
Your reputation for attempting to extort people continues to precede you.
So many of your numbers quoted are incorrect...it just doesn't make sense.
I'm not sure where you are getting your numbers regarding our mining expenses unless you are an "Oracle"!

OK...I am now convinced that you are "trolling". I get it. 

The waves explorer is there - that is the great thing about the blockchain.

1) Our roadmap and strategy is clear. Our information is available on our website, youtube channel and telegram channel
2) No US citizens were allowed to participate in our ICO.
3) None of our team members are citizens of the UK nor SA.

Here is a quote from one of our investors/esteemed community members regarding our strategy -

..."Giving 'royalties' to holders of GMA tokens will give an increase in GMA prices, because they do not intend to sell them ... it will be maintained because they expect the next dividend ... moreover the price of the GMA tokens is done according to the ICO price or more on the exchange ... more investors will be looking for GMA tokens ... in my opinion
and this news will quickly spread among investors for investment or trading (marketing strategy)" - a happy unnamed token-holder

This strategy works even better when top token-holders holding GMA are not included in the calculations this quarter. Especially with them holding their tokens..and none of them selling their tokens until after the token price is beyond the $.13 ico token price.

Again, Thanks for advertising our operation.
No matter how Mr. Thule attempts to spin it or how much you blank out the messages.
Your lack of professionalism, unsupported claims, and foul language makes everything crystal clear.
Your reputation for attempting to extort people continues to precede you.


We are proud of our transparent business model and look forward to providing more and more value to our token holders.

Again, Thanks for advertising our operation.
I'm so happy you pointed out that you had no issues with us for such a period of time.
No matter how you attempt to spin it or how much you blank out the messages.
Your lack of professionalism, unsupported claims, and foul language makes everything crystal clear.
Your reputation for attempting to extort people continues to precede you.

Thanks for advertising our operation.
I'm so happy you understand that we have an operational gold mine.
It's unfortunate that you are attempting to extort me and our company because we do not want to hire you.
Your reputation for attempting to extort people precedes you.
It will not work with us and I doubt that it will work anymore with others.

Thule, you are absolutely incorrect.

Where is your proof that "People invested $8.2 million USD and received a total of 62 million tokens where other people paid $2.2 million and received 330 million tokens. "

You will not produce such evidence because it's not true.

I am sure that MODS will not tolerate your FUD. Either prove your claims with the blockchain t/x IDs or stop with your assumptions/unsupported claims.

Our early investors invested the most money thus they should have the most tokens. Check our youtube channel, in addition;  it's well documented that we had the gold mine, earthmoving equipment, processing equipment, buildings, licenses and etc well before we started the main ico.

Binance Dex is looking very interesting. I wonder if security tokens will be allowed.

Hello H1N1,

 We posted our 20% clarification here -> https://youtu.be/dkkYSg6p6lU
In addition, the report was completed and distributed to individuals who submitted their email address to me on our telegram channel.
Please feel free to subscribe to our youtube and telegram channel to stay up to date on our reports and videos. Thank you for your interest!

As I just posted, we will honor all our promises as stated. Including 20% of annual net profits. I am bewildered at the notion that we intend to do anything other than honoring our promises. Stay tuned. Stay updated on our developments.

Coming soon:
1) Announcements clarifying our royalty payments
2) Weekly reports of our gold production
3) Much more!!

https://www.youtube.com/channel/UCNcGmhIBRmDUn2B4tn2-_ZA/videos

Hello BharatDEX,

 No worries sir, we will honor our promises. We will not scam anyone. We will clarify in a published statement on all our channels by end of week.
 Thank you for your continued interest in the GMA token.

The cash stream is not publicly available until after the ICO. We will publish all such information on all our social medium platforms.

I must say that Goldma is very unique in that we are already a revenue-generating award winning business. 100% of our product (Gold) is sold with absolutely no hassle. We never have overstock, we never have problems finding buyers and we never have went a day without finding gold. What more could you ask for?

Hello Dasengineer,

 That's an interesting question. I can't answer that question with any statistical facts or without some type of bias. I can only state the facts -1) We have reached our softcap. 2) We have 2 exchanges to be listed on - already  3) We already have a cash generating business

People will catch on sooner or later.

Cryptocurrency and Zimbabwe....sounds so so good! The future is coming! Soon more and more people will come to this realization!

Hello Dasengineer - thanks for expressing your opinion. However, the facts are -
 1) We already signed a deal to list on an exchange.
 2) We also have deals for two other exchanges not including the Waves Dex exchange
 3) So called "Bad Seasons" are directly related to inexperience and 'bad planning'. However, we have the equipment, planning and most importantly - the experienced management in place to mitigate such issues.

We will announce the first exchange on October 5th! That's the date our GMA token will be on 'the exchange' testnet! Get your tokens now! Then enjoy!

Ahhh, yes! You noticed our chess move to anticipate the incredible developments of the Waves platform! The news is buzzing at its smart contracts and also its transaction speed. In addition, the commodification of our GMA token along with the gold market is ground breaking!

Goldma.io is causing a major impact into the marketplace due to the intrinsic value of gold. Our business model commodifies the GMA token with gold production. This is an extremely unique business model democratizing access to the gold mining market.