All existing models of the modern economy are no longer effective. High interest rates and transfer fees, as well as low speed, hamper the normal development of business and consumer relationships, as well as their accumulative abilities.
Concentration of funds in the same hands breaks the balance and hinders the competitiveness of business, conditioned by old approaches that don’t work in the modern world.
The situation in the world economy is complicated, and social tension only increases. These are clear signs of a long distance from modern social development.
The difficulties of the modern economy and the lack of clear ways to overcome them make development in the direction of blockchain technology very actually.
Existing newest technological developments can solve the problems of the modern economy, but are not willingly accepted by old established systems.
Mass adaptation of the GeoManna platform improves the effectiveness of all relationships between people and business, eliminating any intermediaries from these relationships and making their interactions transparent, safe and profitable.
This solution will be achieved through the creation of a decentralized ecosystem based on the optimized capacity of the blockchain and the organization of peer-to-peer relations between users.
Technological innovations in the field of computer technology combine the capabilities of payment systems and will improve the existing model of interaction between the supplier and the consumer.
A number of integrated solutions and methods of contactless instant transfers will exclude fees, which will increase the purchasing power of consumers. The use of fixed cost, ideal for the consumer and corporate sectors of the economy.
The main goal of creating the GeoManna platform is to provide an opportunity for all participants from different social stratum to receive bonuses to meet basic needs, by further exchanging them for goods and services.
Equal distribution of bonuses among the participants of the platform will reduce the gap between different layers of society and increase the consumption capacity.
The possibility of full control over their funds, as well as the absence of interest rates, the fee and the regulator, will allow breaking out of the banks and other institutions that limit the financial freedom of citizens and businesses.
GeoManna bonuses will be used as a reward for the activity of users, as well as for confirming the exchange of bonuses between participants and act as the main means of relationships within the platform.
Business:
Platform’s integration into the business sector will allow for direct interaction between the consumer and suppliers of goods and services. A fast and reliable system of mutual settlements will strengthen the connection between them. A multi-level lending program for the business sector facilitates the development and implementation of a platform in all areas of human activity. The spread of the platform among ordinary people will increase the purchasing power of users, and the business sector will receive a steady influx of new customers.
Loans and guarantees:
The microcredit system will allow platform users to borrow free bonuses from other participants, as well as to provide a loan from their savings. A smart contract will allow you to accumulate free bonuses from the participants of the platform to provide loans, where borrowers for one loan will be not one person and many participants. A pledge of the borrower will be the guarantee for repayment of the loan. An additional guarantor of loan repayment is the insurance budget formed due to deductions for the work of the platform.
Pocket:
The main tool for the platform users is the pocket, working on all types of smartphones. The main functionality of the pocket is the receipt and storage of bonuses, as well as confirmation of transfers between the participants of the platform. The second no less important feature of the pocket is the function of the exchange of bonuses between the participants of the platform. It includes donations and rewards, as well as the possibility of exchanging bonuses for discounts, goods and services from the real economy.
Fees:
The whole concept of the platform is based on the complete exclusion of commission within the platform. Transfers between participants will be made in full without deduction of transfer fees. This model will create a friendly atmosphere between the participants and increase the trust relationship in relation to the platform itself. It is in our common interest to increase the accumulative capacity of the participants in the platform, which in turn will have a positive impact on its popularization
Safety:
Our project is created with the thought of security. Multifactor authorization system will ensure the safe storage of your personal data and bonuses on your devices. System of dual private keys will allow them to be stored on removable media. We will always work to improve the level of platform security systems and our users. Security is our highest priority.
Token GM
PreICO Price 1 ETH = 5,000 GM
Bounty Available
Platform Ethereum
Accepting ETH
Minimum investment 0.1 ETH
Soft cap 300 ETH
Authored by: duyhenry
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