LJUBLJANA, SLOVENIA / ACCESSWIRE / December 9, 2020 / For years, the notion of universal basic income has been making its way to public discussions and decision-making environments. But rarely have we seen it being presented as a global idea, functional and executable without interventions (and limitations) of central governments and irrespective of changing political agendas.
Geton, an international corporation based in Slovenia, Europe, and led by CEO Milan Kozlevčar, aims to merge the concept of passive salary with that of universal basic income. Instead of relying on decisions of administrations and governments, Geton has based their model on mathematical principles that bring results faster and in a more sustainable way.
Milan Kozlevčar, Geton CEO
Laws of math overruling irrational hype
The business model at the heart of Geton ecosystem and all its elements is called the Dynamic Price Modelling Concept or DPMC.
Core pillars of the Geton ecosystem
As the name implies, DPMC allows for dynamic modelling of the price of tokens that are generated and used within the Geton ecosystem. Contrary to human-made manipulation of the token value we've been witnessing in too many public projects, the DPMC fights the occurrence of market bubbles with laws and principles of mathematical formulas, in their case, the natural logarithmic function.
The way it works is that the price and market valuation of a Geton project depend only on its market capitalisation and, on this basis, it dynamically adjusts itself. Geton projects are thus safe from an overnight pump-and-dump, a frequent occurrence in newly launched businesses that are strong on marketing but weak on execution.
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Price growth of company assets (tokens) in the market bubble scenario (left) and natural logarithmic curve of Geton's DPMC (right)
Once a Geton company reaches a stable market share, the holders of its crypto-tokens - micro-investors who have contributed to the growth of the company - can be included in the company's actual equity structure.
Since it's the stability of market share that determines the value growth of company's assets, the holders of crypto-assets can trade them on the free market without influencing the price beyond (or below) the estimated amount. This way, Geton projects that follow the necessary stages of business evolution can secure a continuous and much more sustainable path of growth of their asset value without fearing the impact of subjective market speculations.
Ecosystem of blockchain-based businesses
To incentivise the expansion of the ecosystem, Geton provides an end-to-end platform for new businesses and innovative ideas to harness the perks of asset tokenisation and access to a global network.
The platform includes the Grossuss blockchain infrastructure that allows for sustainable and transparent operations as well as the Geton-native cryptocurrency called Grosh that functions as a stablecoin (Euro) to which all crypto-tokens of Geton projects are tied. To date, hundreds of thousands of users have joined the Geton platform and backed the Geton projects, namely PiplShare, PronWorld, and Geton.Health.
Pioneering and sustainable way of universal passive income
The DPMC model represents a pioneering way of ensuring sustainable development and growth for Geton's startup projects.
The startup ecosystem, Geton Instant Beta, supports business ideas through fundraising, community growth and rewarding of micro-investors for their backing. It's precisely the daily pay-out rewards system that generates the Universal Passive Salary for Geton users. Depending on the staked funds, the daily pay-outs range from 0.01% to 1.25% of the invested amount.
Source: GetonNews Youtube: Geton Staking Explained
With staking and referral methods, Geton introduces a new approach to building asset value for startup companies within the ecosystem as well as for end-users who get to leverage the growth of companies they backed.
In times when most decisions are made in the context of health and safety, people are equally struck by economic disruptions. Discussing new ways of making ends meet does not cut it anymore, if anything, circumstances demand action and the concept of universal basic income is now probably more relevant than ever. The system that will manage to turn ideas into reality, like Geton has set to do, will be remembered by society as a pioneering, visionary reformist that set the path for communities to sustain themselves and grow.
Contact Info:
Company: Geton d.o.o.
Name: Milan Kozlevcar (Founder & CEO)
Address: Gosposvetska cesta 4A
City: Ljubljana
Country: Slovenia, EU
Email: [email protected]
Website / URL: https://geton.investments/
SOURCE: Geton d.o.o.