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Author Topic: GEOMA Dao ICO Discussion  (Read 383 times)
poodle63
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May 04, 2020, 02:01:09 PM
 #21

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
It's not and i guess his main concern is about the geoma ico will be running on the small exchange site while he was taking IEO from major exchange site as an example if the IEO will always bring a high chance to be a success.

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May 04, 2020, 02:40:12 PM
 #22


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.
But it is also quite long if the team does not keep promises in the near future, there is indeed a lot of support from the community but are they already planning sales in the near future?
I hope that Geoma DAO like Cartesi, who surprisingly put it on Binance, is certainly a lot of investors happy and his community and a lot of support too.

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May 04, 2020, 03:23:07 PM
 #23

Indeed it made some buzz during the sales and most bounty hunters saw it as a good project and promoted it, I still look forward for the best from the project, talking about the tokens not sent yet,I think it will be sent as some hunters have received and I trust the bounty manager to send when it is set.

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May 04, 2020, 04:00:58 PM
 #24

Indeed it made some buzz during the sales and most bounty hunters saw it as a good project and promoted it, I still look forward for the best from the project, talking about the tokens not sent yet,I think it will be sent as some hunters have received and I trust the bounty manager to send when it is set.
I participated in the bounty campaigns of the ICO Geoma DAO and after reading that the tokens should already come to our wallets, I checked my wallet. Indeed, nine days ago, that is, on April 25, I received GMD tokens, however, etherscan.io does not show their price. In this thread they wrote about the price of the GMD token at 0.0074 ETN. Is this an ICO price? I wonder what the real price of this token will be. However, while I'm still not going to sell them. The token is promising, it is also better to wait for the market to rise.
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May 04, 2020, 04:48:05 PM
 #25

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.

I will be very glad and surprised if, after listing Geoma, the price of a coin will be the same as on ICO. But it is not yet clear when this will happen.
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May 04, 2020, 05:00:58 PM
 #26

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
Yes, that's right, but what is being discussed on this topic is the issue of payment for campaign participants that has not been evenly distributed, so that some participants are still upset about it, and all of this participants are also waiting for the exchange where GMD tokens will be listed, because until now there has been no news about the exchange from the team.

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May 04, 2020, 05:19:26 PM
 #27


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...

This is usually the thing that happens to a new coin distributed to bounty hunters or even investors. Selling and buying is the business and we can't stop that. For a good project, Ir makes it stronger because it begins to create volume.

The exchange where the coin is listed too is important. This is why team should try and list coins in reputable and top exchange. Again, team sometimes buy back the coins which is good marketing to push the coin forward.

However, Geoma seem like a good project, managed by julerz12 and I have received my reward. Waiting for top exchange like binance  Grin Grin
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May 04, 2020, 05:20:47 PM
 #28

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.
No need to check wallet, you can read through pinned post Telegram(Individual),Article,Videos didn’t payed yet. Bounty rewards are escrowed by BM, even though he waited 2-3 days when teams will pay eth for gas fee, it’s looks ridiculous for some eth distribution is delayed, bounty tokens should pay within deadline already it’s over.                  

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May 04, 2020, 08:00:19 PM
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 #29

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.
if you don't like the DEV team it means you also don't like the GMDAO project gift manager, after I see it seems you belong to the signature slot participant with spreadsheet number 19. You were deleted because you removed the project signature before the project ended.
and now you are back to discuss the GMDAO project after you see that this project will grow large or the GMDAO token will soon be traded on a large exchange.
I think you can take important lessons and can only reflect on this project.
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May 04, 2020, 08:21:37 PM
 #30

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.
I don't think it's a shitcoin is you might have thought of,  shitcoin project team won't consider buy back from dumpers,  this shows that they ain't the one dumping, and if you go through the project future plans it seems they have something good to offer in my opinion,  they sound too good to be true if they don't exit

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May 04, 2020, 08:58:16 PM
 #31

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.
I don't know what your plans are putting up this post (is it to stir emotions or what?) but I can comfortably tell you that sections of the bounty rewards have been set out already. I received mine for signature bounty 9 days ago or so. I am only waiting for the Telegram (Individual) bounty.

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May 05, 2020, 12:31:41 AM
 #32

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.

Most of the time they are giving away shit coins but let's give this project or their developers some time, who knows that this would turn out legit and became successful as well.

@Little Mouse, what bounty are you in? Got mine in the signature campaign some weeks ago.

Have you talked to the BM on this problem?

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May 05, 2020, 01:37:47 AM
 #33

GEOMA-DAO (De-centralized Autonomous Organization), as you have known geoma is an effective solution to the problem of improper, and unfair management of wealth in our economy and as pertaining to people’s income and well-being. GEOMA-DAO is creating a system of ‘shared’ wealth such that by properly negotiating with the government and other parties involved in the economy’s wealth flow. This brings about equal or fair reward system for every work or contributions made by each person in the production of wealth.

though according to what they preach don't its a shit coin, though i did not participate in the bounty campaign but have someone that do, as i was about to get started the campaign ended.
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May 05, 2020, 02:46:23 AM
 #34

0.0074 at when/what price of ETH was that?
I have been looking for an announcement thread since I cannot see any updates.
I can not remember, may be it was around $150 at that time. Here is the announcement thread- https://bitcointalk.org/index.php?topic=5216619.0

@Little Mouse, what bounty are you in? Got mine in the signature campaign some weeks ago.
I was in Signature campaign and I got tje reward too but I am talking about other bounty rewards which have not paid yet. I have sent message on the bounty group but that was deleted.

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May 05, 2020, 03:12:34 AM
 #35

GEOMA-DAO (De-centralized Autonomous Organization), as you have known geoma is an effective solution to the problem of improper, and unfair management of wealth in our economy and as pertaining to people’s income and well-being. GEOMA-DAO is creating a system of ‘shared’ wealth such that by properly negotiating with the government and other parties involved in the economy’s wealth flow. This brings about equal or fair reward system for every work or contributions made by each person in the production of wealth.

though according to what they preach don't its a shit coin, though i did not participate in the bounty campaign but have someone that do, as i was about to get started the campaign ended.
Although this project is good, the fact that they did not lock the token made me feel very worried and being traded freely at forkdelta. Of course I only expect Geoma Dao to be listed at an exchange with good trading volume because if listed, the project will attract more investors. One way or another, the team needs to lock the token now and look for a secure exchange for investors.

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May 05, 2020, 03:59:42 AM
 #36

GEOMA-DAO (De-centralized Autonomous Organization), as you have known geoma is an effective solution to the problem of improper, and unfair management of wealth in our economy and as pertaining to people’s income and well-being. GEOMA-DAO is creating a system of ‘shared’ wealth such that by properly negotiating with the government and other parties involved in the economy’s wealth flow. This brings about equal or fair reward system for every work or contributions made by each person in the production of wealth.

though according to what they preach don't its a shit coin, though i did not participate in the bounty campaign but have someone that do, as i was about to get started the campaign ended.
Although this project is good, the fact that they did not lock the token made me feel very worried and being traded freely at forkdelta. Of course I only expect Geoma Dao to be listed at an exchange with good trading volume because if listed, the project will attract more investors. One way or another, the team needs to lock the token now and look for a secure exchange for investors.
If the team wants to buy back all tokens being traded then I think that is a sign that they are serious about maintaining GMD prices, If they dare to buy all the tokens on Forkdelta then you better keep holding GMD, don't sell it. I believe GMD will listed on top Exchange.

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LazerPanther
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May 05, 2020, 04:09:56 AM
 #37

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
Yes, that's right, but what is being discussed on this topic is the issue of payment for campaign participants that has not been evenly distributed, so that some participants are still upset about it, and all of this participants are also waiting for the exchange where GMD tokens will be listed, because until now there has been no news about the exchange from the team.
It is too early for them to list at the exchange, I think at least bounty hunters need to wait the next 4-5 months to be able to sell tokens. Provided that this project must be successful in ICO
Mulann2
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May 05, 2020, 04:11:11 AM
 #38

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

Ones you distribute bounty tokens before concluding your sale, this is always the result, some hunters are so desperate they sell their token reward for any amount, am not surprise, anyone can sell on those exchange,
the best idea would have been not to distribute at all until exchange listing is finalized and token already trading before they can distribute,
between the pool was not that much so I don't think it should have any significant impact on the project.
fortunecrypto
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May 05, 2020, 05:19:13 AM
 #39

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

Ones you distribute bounty tokens before concluding your sale, this is always the result, some hunters are so desperate they sell their token reward for any amount, am not surprise, anyone can sell on those exchange,
the best idea would have been not to distribute at all until exchange listing is finalized and token already trading before they can distribute,
between the pool was not that much so I don't think it should have any significant impact on the project.

For me it's ok to distribute, if they deferred distributed after announcing they will bounty hunters and developers will lose their reputation, that has been the common complain bounty rewards distribution, if the project is good and had a potential the price will pick up eventually and those dumps in the DEX will be wipe up, there will always demand if the project is that good.

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May 05, 2020, 05:32:27 AM
 #40

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.

I will be very glad and surprised if, after listing Geoma, the price of a coin will be the same as on ICO. But it is not yet clear when this will happen.
It will happen after the launch of DAICO but i didn't put a huge price as the result from the DAICO. It looks like the team must work for hard to achieve it. Many people especially the GEOMA bounty participants were hoping like you dude.

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