The Geoma DAO (OP)
Copper Member
Jr. Member
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Activity: 30
Merit: 7
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May 01, 2020, 07:50:03 PM |
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Greetings everyone,
And thanks for your interest.For us it was clear from the beginning that some of the tokens will land on DEX-es.So be it.People got their tokens for some activities and they choose to try to sell them .Very good.Free markets.But the seller should know that the price means nothing only value means something.Before the token will get its deserved value, we will buy all the Forkdelta tokens back for nothing.And then we will resell them with value attached.And if anyone thinks it is easy to build a fully decentralised platform from scratch, something unique in its form and functionality which is beneficial to a community ,should just give it a try.Then we can talk from equal to equal.The world of crypto is shiny and polished from the outside.Slogans like financial freedom, be your own bank, DeFi,etc.are nice and have impact but the reality is something else.Little has been done for adoption ,and most people have always a price in USD in their head when they talk crypto.Exchanges are Fiat making machines for their owners.Genuine projects are not accepted easily, because they can't be manipulated.In essence ,the little guy,maybe those which belief in a real change ,are burned the most.In order to maintain its value,a decentralised project has to be build by a community.This way nothing gets lost,it is just transformed in something better.We will do this with a DAICO .Why?Because any IEO is very costly.These costs have to be taken away from someone which means a loss of value.DAICO is the way to go.With real escrow,with funds being release when milestones are achieved with the possibility for an investor to retract his investment if he doesn't like how the project moves a.s.o.We have the platform ,and it is an advanced one.When enough people come together and understand the higher value of a DAICO versus an IEO,listing on an exchange will happen by itself.And keep in mind:what we see happening now with the lockdowns and the economy is just the tip of the iceberg.Don't take these happenings to easy.Stay safe and healthy.
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necromastery
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May 01, 2020, 09:59:10 PM |
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So the IEO will be replaced by DAICO, after doing research DAICO is more secure than ICO. Well that's good. I was even thinking, the decision made had really been evaluated for the good of the development of the project. I don't think the community has a problem with that either.
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julerz12
Legendary
Offline
Activity: 2520
Merit: 1172
Telegram: @julerz12
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May 02, 2020, 01:41:45 AM |
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We will do this with a DAICO .Why?Because any IEO is very costly.
As long as the ICO is really in a "Decentralized and Autonomous" manner, I don't think anybody would have a problem with that. Unless of course, they are only here for the short-term dumping Yep, CEX listings are very costly and most of those exchanges don't really bother to help any project or startup they list to grow and be more successful. All that matters to them is that the project team would pay the fees for listing and that's it, you're on your own. we will buy all the Forkdelta tokens back for nothing.And then we will resell them with value attached
Statements such as this are great, a good initiative from the GMD Team. But, believe me, this will only provoke more people (who are currently holding GMD tokens) to sell them in DEXes in hopes of having the GMD team buying it back. But then again, if they do so, then it's their loss.
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amiraja2
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May 02, 2020, 10:20:32 PM |
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Greetings everyone,
And thanks for your interest.For us it was clear from the beginning that some of the tokens will land on DEX-es.So be it.People got their tokens for some activities and they choose to try to sell them .Very good.Free markets.But the seller should know that the price means nothing only value means something.Before the token will get its deserved value, we will buy all the Forkdelta tokens back for nothing.And then we will resell them with value attached.And if anyone thinks it is easy to build a fully decentralised platform from scratch, something unique in its form and functionality which is beneficial to a community ,should just give it a try.Then we can talk from equal to equal.The world of crypto is shiny and polished from the outside.Slogans like financial freedom, be your own bank, DeFi,etc.are nice and have impact but the reality is something else.Little has been done for adoption ,and most people have always a price in USD in their head when they talk crypto.Exchanges are Fiat making machines for their owners.Genuine projects are not accepted easily, because they can't be manipulated.In essence ,the little guy,maybe those which belief in a real change ,are burned the most.In order to maintain its value,a decentralised project has to be build by a community.This way nothing gets lost,it is just transformed in something better.We will do this with a DAICO .Why?Because any IEO is very costly.These costs have to be taken away from someone which means a loss of value.DAICO is the way to go.With real escrow,with funds being release when milestones are achieved with the possibility for an investor to retract his investment if he doesn't like how the project moves a.s.o.We have the platform ,and it is an advanced one.When enough people come together and understand the higher value of a DAICO versus an IEO,listing on an exchange will happen by itself.And keep in mind:what we see happening now with the lockdowns and the economy is just the tip of the iceberg.Don't take these happenings to easy.Stay safe and healthy.
Good news from the GEOMA Team may have started making big changes for all token holders. Hopefully, be patient now. Everyone who hopes to sell tokens will soon be able to buy beck.
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alan2here
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May 03, 2020, 12:50:56 AM |
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So the IEO will be replaced by DAICO, after doing research DAICO is more secure than ICO. Well that's good. I was even thinking, the decision made had really been evaluated for the good of the development of the project. I don't think the community has a problem with that either.
Very few DAICO projects are successful in this market but in general, if they switch to this form, investors will feel safer when choosing to invest. However, if this project wants to implement DAICO, it will surely be welcomed in this market because a lot of people want to be refunded if the project fails. Of course, there is no information yet but hopefully it will happen soon.
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blue_hurricanger
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May 03, 2020, 11:48:48 AM |
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So the IEO will be replaced by DAICO, after doing research DAICO is more secure than ICO. Well that's good. I was even thinking, the decision made had really been evaluated for the good of the development of the project. I don't think the community has a problem with that either.
Very few DAICO projects are successful in this market but in general, if they switch to this form, investors will feel safer when choosing to invest. However, if this project wants to implement DAICO, it will surely be welcomed in this market because a lot of people want to be refunded if the project fails. Of course, there is no information yet but hopefully it will happen soon. DAICO help to balance the risk between both investor and project dev so that is why only a few DAICO projects are successful. From my perspective as an investor, I like Geoma to go for DAICO than IEO.
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terizla
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May 03, 2020, 02:38:28 PM |
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~snip
This is good news. So, will you buy all tokens in ForkDelta or you buy the token from holders who sell with cheap price and same price in your next private sale DAICO ? Because i see any seller sell with huge/expensive price.
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slashz9
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May 03, 2020, 03:41:46 PM |
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~snip
This is good news. So, will you buy all tokens in ForkDelta or you buy the token from holders who sell with cheap price and same price in your next private sale DAICO ? Because i see any seller sell with huge/expensive price. what do you mean say that they will buy back all the tokens in forkdelta? is that true or are you just guessing? so that mean they will buy all token from hunter, interesting
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kurniawan05
Member
Offline
Activity: 1708
Merit: 13
KUWA.ai
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May 03, 2020, 04:53:50 PM |
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what do you mean say that they will buy back all the tokens in forkdelta? is that true or are you just guessing? so that mean they will buy all token from hunter, interesting The team will try to buyback the GMD token from forkdelata before the token will get its deserved value, you can see the statement from the admin, and they will not do IEO or ICO, but DAICO, its new for me. Greetings everyone,
.......Before the token will get its deserved value, we will buy all the Forkdelta tokens back for nothing.And then we will resell them with value attached. ........ We will do this with a DAICO .Why?Because any IEO is very costly.These costs have to be taken away from someone which means a loss of value.DAICO is the way to go.With real escrow,with funds being release when milestones are achieved with the possibility for an investor to retract his investment if he doesn't like how the project moves a.s.o.......
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slashz9
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May 03, 2020, 06:07:00 PM |
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what do you mean say that they will buy back all the tokens in forkdelta? is that true or are you just guessing? so that mean they will buy all token from hunter, interesting The team will try to buyback the GMD token from forkdelata before the token will get its deserved value, you can see the statement from the admin, and they will not do IEO or ICO, but DAICO, its new for me. that i say that mean they will buyback all token give to hunter, because im sure they will put all their token on forkdelta after hear this. and we will see if this true or just another bs
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coin-investor
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May 03, 2020, 11:27:47 PM |
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that i say that mean they will buyback all token give to hunter, because im sure they will put all their token on forkdelta after hear this. and we will see if this true or just another bs That's actually a welcome development a DAICO and a buyback if they do buy back then they are serious in what they say and serious on their roadmap, bounty hunters are free to sell their token but definitely they are in a big sorry if a project becomes profitable in the end, so we'll see in the coming weeks.
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julerz12
Legendary
Offline
Activity: 2520
Merit: 1172
Telegram: @julerz12
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May 04, 2020, 01:08:06 AM |
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So, will you buy all tokens in ForkDelta or you buy the token from holders who sell with cheap price and same price in your next private sale DAICO ? Because i see any seller sell with huge/expensive price.
I think it is safe to assume that the GMD team would not buy back those tokens that are sold at a higher price than it was in their initial value. No project or startup that makes buy-back options does that. Ever.
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slashz9
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May 04, 2020, 01:21:09 PM |
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So, will you buy all tokens in ForkDelta or you buy the token from holders who sell with cheap price and same price in your next private sale DAICO ? Because i see any seller sell with huge/expensive price.
I think it is safe to assume that the GMD team would not buy back those tokens that are sold at a higher price than it was in their initial value. No project or startup that makes buy-back options does that. Ever. if they do buyback in the initial price they saying, i think that will make a sense unless if someone got greedy and think that team will buyback with anyhting price in forkdelta.
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bassbity
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May 04, 2020, 03:42:33 PM |
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So, will you buy all tokens in ForkDelta or you buy the token from holders who sell with cheap price and same price in your next private sale DAICO ? Because i see any seller sell with huge/expensive price.
I think it is safe to assume that the GMD team would not buy back those tokens that are sold at a higher price than it was in their initial value. No project or startup that makes buy-back options does that. Ever. So they will remain DAICO without making a repurchase? if at Forkdelta prices like that whether this will be where during the initial sales made by the team? Why did it happen in forkdelta while the official sale had not been made.
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indo1
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May 05, 2020, 09:14:26 AM |
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So, will you buy all tokens in ForkDelta or you buy the token from holders who sell with cheap price and same price in your next private sale DAICO ? Because i see any seller sell with huge/expensive price.
I think it is safe to assume that the GMD team would not buy back those tokens that are sold at a higher price than it was in their initial value. No project or startup that makes buy-back options does that. Ever. So they will remain DAICO without making a repurchase? if at Forkdelta prices like that whether this will be where during the initial sales made by the team? Why did it happen in forkdelta while the official sale had not been made. honestly I am confused by this situation, they have not applied what they should have implemented, it is impossible for the community to act outside the team without any instructions from the team, I do not want to see the GMD project getting chaotic, the team must quickly correct the mistakes that arise when this, if this situation continues, not so sure about achieving GMD
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bassbity
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May 06, 2020, 07:06:33 PM |
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honestly I am confused by this situation, they have not applied what they should have implemented, it is impossible for the community to act outside the team without any instructions from the team, I do not want to see the GMD project getting chaotic, the team must quickly correct the mistakes that arise when this, if this situation continues, not so sure about achieving GMD
If there is no instruction from the team then there is nothing the community can do just waiting for updates from them, they don't know when they will reveal all this because they are really waiting in the current situation, if waiting for this pandemic ends then I think it's too long and will get bored so investors are waiting for projects like this.
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Vitalicus
Full Member
Offline
Activity: 467
Merit: 100
DIA | Data infrastructure for DeFi
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May 07, 2020, 01:45:38 AM |
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So, will you buy all tokens in ForkDelta or you buy the token from holders who sell with cheap price and same price in your next private sale DAICO ? Because i see any seller sell with huge/expensive price.
I think it is safe to assume that the GMD team would not buy back those tokens that are sold at a higher price than it was in their initial value. No project or startup that makes buy-back options does that. Ever. That will never happen but the team needs to find a way to restrict the transaction there because they can dump at any time if they like. Most people only sell at Forkdelta and are selling at the price so this certainly does not affect the project's plan much. However, this token is not locked and this is the problem that makes this project a lot of risk because investors often do not like such tokens.
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coin-investor
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May 07, 2020, 12:05:36 PM |
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That will never happen but the team needs to find a way to restrict the transaction there because they can dump at any time if they like. Most people only sell at Forkdelta and are selling at the price so this certainly does not affect the project's plan much. However, this token is not locked and this is the problem that makes this project a lot of risk because investors often do not like such tokens.
Thye have no control over that, as long as there are bounty hunters who need the money he can always dump anytime if there is a good price in the buy order, right now the best the team can do is to push through with the development of the platform and always update us, if they want to do a buyback that will gain investors confidence on the project.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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indo1
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May 08, 2020, 10:38:09 AM |
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That will never happen but the team needs to find a way to restrict the transaction there because they can dump at any time if they like. Most people only sell at Forkdelta and are selling at the price so this certainly does not affect the project's plan much. However, this token is not locked and this is the problem that makes this project a lot of risk because investors often do not like such tokens.
Thye have no control over that, as long as there are bounty hunters who need the money he can always dump anytime if there is a good price in the buy order, right now the best the team can do is to push through with the development of the platform and always update us, if they want to do a buyback that will gain investors confidence on the project. the team must make an important decision because bounty participants can damage the official GMD price they can sell it at very cheap prices, this will be a burden to the investor participants, their trust will be less when bounty participants throw their tokens arbitrarily in the forkfelta, better to stop it and start when all sales are complete
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sukoyomi
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May 08, 2020, 06:06:39 PM |
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I think the Geoma Dao team has tried their best, one of which is by doing a buyback of the bounty token, of course at a price lower than the basic one. What is unfortunate is that the bounty tokens circulated before they finished the DAICO, but that has become an agreement to the bounty participants, so no problem. Their actions now are to overcome them.
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