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Author Topic: GEOMA Dao ICO Discussion  (Read 430 times)
Little Mouse (OP)
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May 04, 2020, 07:22:08 AM
 #1

Geoma DAO is one of latest ICO which made some good buzz around. The preICO and ICO price was 0.0074 ETH. What do you think? Will this ICO make a change from the previous? One recent activity of the DEV team I did not like also, they are yet to send required gas fee for sending their bounty token. It is just an weird behavior.

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May 04, 2020, 08:08:36 AM
 #2

Geoma DAO is one of latest ICO which made some good buzz around. The preICO and ICO price was 0.0074 ETH. What do you think? Will this ICO make a change from the previous? One recent activity of the DEV team I did not like also, they are yet to send required gas fee for sending their bounty token. It is just an weird behavior.
Are those signs that the project is not clear? But If I'm not wrong, Isn't the token already sent for Bounty? Try to check your wallet, I've got some GMD from their bounties. I hope GMD prices when listed will remain stable or increase.

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May 04, 2020, 09:07:49 AM
 #3

I saw in the Geoma dao telegram group, they have sent bounty tokens for Twitter, Telegram and Signature campaigns, but for Articles and Youtube they have not sent them for Gas reasons but in my opinion it is not true, maybe the main reason is bounty participants who have got their tokens sell it on forkdelta and it is unfortunate when the project still needs investor funds to register on a large exchange

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May 04, 2020, 09:35:28 AM
 #4

Were you just making this topic because you are really interested about the project? or just because you are not receiving your bounty tokens yet? As far as I know, this project is making their baby steps in a good way to ensure that the project will succeed though I don't know much about this for now.
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May 04, 2020, 09:44:34 AM
 #5

I saw in the Geoma dao telegram group, they have sent bounty tokens for Twitter, Telegram and Signature campaigns, but for Articles and Youtube they have not sent them for Gas reasons but in my opinion it is not true, maybe the main reason is bounty participants who have got their tokens sell it on forkdelta and it is unfortunate when the project still needs investor funds to register on a large exchange
From the latest statement from the geoma dev he said he would buy back the tokens in the forkdelta and they would hold a DAICO for fundraising

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May 04, 2020, 09:51:56 AM
 #6

I saw in the Geoma dao telegram group, they have sent bounty tokens for Twitter, Telegram and Signature campaigns, but for Articles and Youtube they have not sent them for Gas reasons but in my opinion it is not true, maybe the main reason is bounty participants who have got their tokens sell it on forkdelta and it is unfortunate when the project still needs investor funds to register on a large exchange
From the latest statement from the geoma dev he said he would buy back the tokens in the forkdelta and they would hold a DAICO for fundraising
The problem is it will be running DAICO on the dex which is having a very small demand compared when it would be launched on the centralized fundaraising platform like IEO platform. I may not put a big expectation from the result of GEOMA token price.

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May 04, 2020, 09:55:50 AM
 #7

The problem is it will be running DAICO on the dex which is having a very small demand compared when it would be launched on the centralized fundaraising platform like IEO platform. I may not put a big expectation from the result of GEOMA token price.
So DAICO is also held in an exchange just like IEO? Which exchanges do they have? Saturn exchange ? I saw several token transactions going there

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Little Mouse (OP)
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May 04, 2020, 09:56:56 AM
 #8

Geoma DAO is one of latest ICO which made some good buzz around. The preICO and ICO price was 0.0074 ETH. What do you think? Will this ICO make a change from the previous? One recent activity of the DEV team I did not like also, they are yet to send required gas fee for sending their bounty token. It is just an weird behavior.
Are those signs that the project is not clear? But If I'm not wrong, Isn't the token already sent for Bounty? Try to check your wallet, I've got some GMD from their bounties. I hope GMD prices when listed will remain stable or increase.
Only twitter and signature and the telegram group rewards have been sent but not the others rewards because of lacking fee.

From the latest statement from the geoma dev he said he would buy back the tokens in the forkdelta and they would hold a DAICO for fundraising
Oh yeah, I have seen that too and I think this is a very good idea and will bring some good benefits for the holder too. Do you think it will be a good idea to buy some?

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May 04, 2020, 10:13:19 AM
 #9

I saw in the Geoma dao telegram group, they have sent bounty tokens for Twitter, Telegram and Signature campaigns, but for Articles and Youtube they have not sent them for Gas reasons but in my opinion it is not true, maybe the main reason is bounty participants who have got their tokens sell it on forkdelta and it is unfortunate when the project still needs investor funds to register on a large exchange
From the latest statement from the geoma dev he said he would buy back the tokens in the forkdelta and they would hold a DAICO for fundraising

This is really frustrating, once the tokens are distributed we need to wait for sometime till they list in the exchange, it is really not fair most of them are selling in black.

I am really against it, this will surely impact the reputation of the project development team and the value of the token will automatically get dropped, Geoma ico is really promising token hopefully it will get succeed...

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May 04, 2020, 10:18:05 AM
 #10

I don't know too much about this project, but if they intend to ICO at this stage, I believe they will quickly fail. At the moment only IEO can help new projects raise funds

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May 04, 2020, 10:27:36 AM
 #11

I don't know too much about this project, but if they intend to ICO at this stage, I believe they will quickly fail. At the moment only IEO can help new projects raise funds

How are you sure that ICO will fail? Is it because that is the old way of raising funds? Do you know that most IEO will fail too if they are not listed on big exchanges like Binance? And there are still investors out there that will wait patiently having an ICO and I think it is better if they invested in a good project and as I checked GEOMA Dao, it seems like it is worth for long term investment
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May 04, 2020, 10:30:53 AM
 #12

I don't know too much about this project, but if they intend to ICO at this stage, I believe they will quickly fail. At the moment only IEO can help new projects raise funds

How are you sure that ICO will fail? Is it because that is the old way of raising funds? Do you know that most IEO will fail too if they are not listed on big exchanges like Binance? And there are still investors out there that will wait patiently having an ICO and I think it is better if they invested in a good project and as I checked GEOMA Dao, it seems like it is worth for long term investment
So please introduce me to some successful ICOs this year? I did not see any projects. If this project doing  ICO, then I believe that investors will ignore it, at least they need to implement IEO to ensure that they can list at an exchange first.

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May 04, 2020, 12:29:25 PM
 #13

They caught a serious hype in the forum. At one point the signature of Geoma DAO was in every profile. Now when I saw this topic, I said let me take a look and saw some connection between Geoma & Digibyte

What is the connection of Digibyte and Geoma DAO?
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May 04, 2020, 12:53:02 PM
 #14

Geoma DAO is one of latest ICO which made some good buzz around. The preICO and ICO price was 0.0074 ETH. What do you think? Will this ICO make a change from the previous? One recent activity of the DEV team I did not like also, they are yet to send required gas fee for sending their bounty token. It is just an weird behavior.

It looks like i got left behind lol, i was following the Geoma project last month, detail to details and i seem to have missed out.
When did the ICO take place ? was it a private sale ? or it was sold on their website?
Do you think there will be an ieo ?

I think hunters need not rush about rewards, because it was escrowed and the bounty manager only awaits etherum to complete the distribution

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May 04, 2020, 12:59:22 PM
 #15

It's just a matter of time if they have been hyped while they are on sale.
Then expect the possible downtrend that they will get when most of the early investors started to dump it.

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May 04, 2020, 01:24:34 PM
 #16

Geoma DAO is one of latest ICO which made some good buzz around. The preICO and ICO price was 0.0074 ETH. What do you think? Will this ICO make a change from the previous? One recent activity of the DEV team I did not like also, they are yet to send required gas fee for sending their bounty token. It is just an weird behavior.
This is not good actually, cause the dev should cover for the fee of the bounty tokens. Well they are using erc20 token right? I wonder if they have budget cause surely they should cover it and not pass to the hunters the required gas fee just to receive their rewards.

If they really making some buzz around why I have not heard any news on listing and even on social media that supposedly creating some shill on this ICO.

Are the token sale of this project done already? Or they have any plans for IEO?

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May 04, 2020, 01:30:16 PM
 #17

I also become part of their bounty campaign and I already received my rewards but I only work there for 1 week. So far, we are not sure if this project will going to have a successful IEO. I'm still watching this project and hoping to see great news about their project. I also see it in the telegram group that some of the participants still not received the rewards due to the lacking of gas/fees. But, I guess they will instantly send it to the participants once they have enough ETH.

I hope GMD prices when listed will remain stable or increase.
Same with you, I hope that they will be listed it in a good exchange. But, in the price, I guess it will rapidly dump after it gets listed.
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May 04, 2020, 01:35:42 PM
 #18

Are those signs that the project is not clear? But If I'm not wrong, Isn't the token already sent for Bounty? Try to check your wallet, I've got some GMD from their bounties. I hope GMD prices when listed will remain stable or increase.
I received mine and I think others also received theirs due to the funds was escrowed to Julerz and I have seen he did sent a lot just 9 days ago.

Geoma DAO is one of latest ICO which made some good buzz around. The preICO and ICO price was 0.0074 ETH. What do you think? Will this ICO make a change from the previous? One recent activity of the DEV team I did not like also, they are yet to send required gas fee for sending their bounty token. It is just an weird behavior.
0.0074 at when/what price of ETH was that?
I have been looking for an announcement thread since I cannot see any updates.
Maybe this is a good thing so we could share some news of what is happening with them lately.

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May 04, 2020, 01:39:26 PM
 #19

As they have planned to purchase the token back throufg forkdelta, I think you will have a fair price at that time. However, if you are talking about the project itself and it's future, I don't think it's any better than the other shitcoins around. Better get rid of it.
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May 04, 2020, 01:43:33 PM
 #20

Geoma DAO is one of latest ICO which made some good buzz around. The preICO and ICO price was 0.0074 ETH. What do you think? Will this ICO make a change from the previous? One recent activity of the DEV team I did not like also, they are yet to send required gas fee for sending their bounty token. It is just an weird behavior.
Are those signs that the project is not clear? But If I'm not wrong, Isn't the token already sent for Bounty? Try to check your wallet, I've got some GMD from their bounties. I hope GMD prices when listed will remain stable or increase.

I have also participated Geoma Dao bounty and they sent me my payment after the bounty end. This is good sign in this time when maximum team try to delay or cheat with bounty hunters. Hence they are admirable. From my own research, GMD team are trying to list in big exchanges. If they can do this promise and work with trust continuously, GMD tokens value will increase in the future.
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