How Geoma DAO Is Disrupting the Usual Way of Governance

The importance of governance cannot be underemphasized. There is a need to have laid-down rules that must be followed at every point. It is by governing that the governor or leader can find out if the rules are being obeyed or disobeyed.

That said, governance is not limited to the offline world because it is also a regular anthem in the blockchain and cryptocurrency world. It is in consideration of the many challenges in the current blockchain governance structure that the Geoma DAO project came into the stage to bring about redefining changes to the overall blockchain-based governance models.

Disruptive Blockchain-Backed Governance Model

Geoma DAO is that project you have been looking forward to seeing as far as the blockchain technology is concerned. Here, we are looking at the disruption of the current blockchain governance models in particular and the overall governance systems in the world (in general) because the latter can use the Geoma DAO governance structure too!
It is important that we discuss some of the ways that Geoma DAO will be disrupting the usual blockchain-based governance systems and what it will be doing to ensure that the governance system gets better than it is.

Contributors

Geoma DAO is not only to change the governance model of the blockchain technology. It is also working assiduously to make sure that the governance model of the Decentralized Autonomous Organization (DAO) is upheld.
One of the ways it pursues that is by making sure that nobody lays claim to the control of the broader Geoma DAO ecosystem. It implies that there will be no management or any CEO.
Instead, Geoma DAO created an opening for Contributors who will be bringing their ideas to the table as a way of ensuring that prevents the development and collation of asymmetric information for malicious uses.

Voting

Just like every other viable governance model, Geoma DAO has an option for votes to be made on each decision that is brought before the contributors.
In this instance, the outcome of the votes will determine if the proposals before the Geoma DAO Contributors will be considered or not.

Contractors

Now, if the projects and proposals are voted for, Geoma DAO also wants to know if they are being carried out as proposed. That is why Contractors are appointed to be in charge of implementing and following up with the progress of projects.

Consensus

There may be a need to attain consensus or get the opinion of every other Contributor on Geoma DAO. The idea is that the attainment of consensus is proof that the Contributors have agreed upon an action by providing the required predefined percentage for such actions.

Tendering of Proposals

The last but not the least is the tendering of proposals. Here, we are looking at the submission of projects for vetting and approval by the Geoma DAO Contributors.
Provided the project in view has the relevant and required information, it will be approved.

Conclusion

Geoma DAO is a definite blockchain-based platform that will reposition blockchain-based governance for the better. For the target audience, this is the best time to be confident knowing that the administration of blockchain-based platforms is in good hands.

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AUTHOR'S DETAILS
Bitcointalk ID Profile: JEBORN
Eth Address: 0xCAA53FA3C33DA82bAD0dDD0AC56B040700CBCBBe