[ANN][GMD]The Geoma DAO - Steady and sustainable wealth creation.

[Anonylz]

that's right, when the moment of investor interest starts to disappear and feel bored it will be difficult to develop projects and projects from Geoma Dao if we look at roadmap should be started for the IEO and the team hasn't disclosed information about this.

I hope I am wrong this time, projects that paused their projects are unlikely to come back all they posted are coming soon, and soon they will not allow posting in their telegram channel and before long the channel is gone and we are all going to forget this GMD just like all the projects that we used to support and paused, glad that they did not scam people.

That's not entirely true, there are some that will eventually come back after a long break, two examples are Axio and ClinTex project, this two i know about took a break after the initial launch way back when but they are back and active ready to continue with the project development and also have an active bounty at present, so if Geoma Dao feels the need to take a break to re strategies and come on a latter date it will be okey provided are continue from where they stop.

[1715170288]

1715170288

[1715170288]

1715170288

[marks1976]

Also they said that june & july they will start their IEO but they didn't. I don't know what they exactly doing. If they want to continue this project they should work or they should give us the statement that they are leaving the crypto market.

They've said they won't hold an IEO because they don't have a fee to pay for the exchange. But I saw on telegram the admin said there would be news soon.

everyone is waiting for news but they are still not there. It looks strange, is it so difficult to make an announcement? while I see only: soon soon soon.

it's so difficult to create a news or announcement regarding what happens with the team.

It looks like they can't deal with the exchange site directly and when they were saying about "soon" and that means there was no exact date about when that will be happening.

I'm also seeing it the team was giving more and more delay again.

[nimogsm]

Also they said that june & july they will start their IEO but they didn't. I don't know what they exactly doing. If they want to continue this project they should work or they should give us the statement that they are leaving the crypto market.

They've said they won't hold an IEO because they don't have a fee to pay for the exchange. But I saw on telegram the admin said there would be news soon.

everyone is waiting for news but they are still not there. It looks strange, is it so difficult to make an announcement? while I see only: soon soon soon.

it's so difficult to create a news or announcement regarding what happens with the team.

It looks like they can't deal with the exchange site directly and when they were saying about "soon" and that means there was no exact date about when that will be happening.

I'm also seeing it the team was giving more and more delay again.

There is almost zero activity in the group, people are trying to sell each other tokens at a ridiculous price. Most likely, people are already completely disenchanted with the project.

[khiholangkang]

There is almost zero activity in the group, people are trying to sell each other tokens at a ridiculous price. Most likely, people are already completely disenchanted with the project.

This is a failed project, because the team doesn't know how to manage it, doesn't know how to get funds for the development of its own project, we'd better forget this project.

[coin-investor]

The last announcement coming from Arthur was

We will have an audited token. Legal and legit

I don't know what this means but the team should honor the token they've given to their bounty hunters if they are planning to make a swap from a new token to a new one

One of his announcement that generates my excitement is this

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.

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

[khiholangkang]

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.

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

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.

[sidik7]

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.

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 .

[nimogsm]

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.

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 .

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.

[rajsimran]

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.

You are right mate. Shaddy team ever. If you ask them about process they will say you it's processing, will be rebrand soon but no date. Saw many people asking about exchange they are saying soon. Actually they are doing nothing. Even they are saying we didn't scam anyone. Actually they are not giving us actual news. Forget about Geoma Dao.

[nimogsm]

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

[_IRMAN]

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

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.

[nimogsm]

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

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.

I'm just curious to see what will happen next, I have several thousand of their tokens in stock, if at least somewhere I sell it well.

[TopTort777]

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.

[nimogsm]

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.

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.

[Fujiati]

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

Just hope that's not another lie, I am sick to see it. I wonder what will change from the original concept, because they have to make changes if they want to compete with other projects at this time, after all their initial concept did not get a good response among investors.

[marks1976]

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.

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.

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.

[nimogsm]

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.

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.

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.

Well, let's wait for the announcement at the end of the month. If everything is completely sad there, we will draw final conclusions.

[nimogsm]

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?

I think it's worth asking this question in a telegram to the owners of the project, they rarely appear here, although in fact they should have come here too.

[koang]

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

That's wonderful information for the community looking up to that.

In their twitter and this forum is quiet, this is not good.
I don't know what actually happened with this project but taking too much of time will lead to disappointment.

[klarki]

Latest information from Arthur:

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

Link: https://t.me/geomachat/40748

Clarifying information about the overall situation:

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:

Source link: https://t.me/geomachat/40737

Devs

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 .

For more information, see this document: https://t.me/geomachat/40737