Mobu is a decentralised platform and end-to-end solution for launching compliant security tokens - "The Future of Security tokens".
The 80 Trillion dollar big securities market is coming to the blockchain. But there are still plenty of problems which occur when launching a security token. One of the main problems which arise when planning on launching a security token is the fact that it is a legal, regulatory and technical nightmare launching one. Furthermore, until now there is also no trusted competitive environment for ICO service providers to ensure lower pricing and better quality.
MOBU is an ecosystem/marketplace that implements a unique MOB20 standard protocol to ensure compliant security tokens and similar to how the HTTP protocol defined the internet, the MOB20 protocol aims to define a set of commands that a compliant security token should implement!
Mobu uses the blockchain technology to create a set of rules that govern the issuance of security tokens while programming them into smart contracts on the Ethereum blockchain. This way they are transparent and immutable. And they decide on security tokens due to the lower fees, the more complex versions of dividend policies and voting rights, the possibility to execute deals faster and succeed cross-border funding within a larger investor base, as well as suffering fewer manipulations by financial institutions.
Use of Token
In the Mobu ecosystem the token issuers(real future companies on MOBU) post bounties to get service providers, Developers earn MOBU tokens for creating smart contracts, KYC providers pay MOBU tokens to join the network/ecosystem, Investors pay MOBU tokens for KYC process, legal representatives and escrow providers earn MOBU tokens for offering services. Mobu additionally will steel bank partnerships to ensure FIAT can easily be converted to crypto all around the world and MOBU tokens can be earned worldwide. Furthermore, Lockup utility will ensure scarcity of MOBU tokens!
The Pre-ICO with up to 25% bonus will start on 1st of September, you can already put yourself on the interest list on their website by clicking "Register Your Interest" and filling out your data.
How MOBU Token Works
The document audit trail and data from the security token creation and compliance processes are uploaded to the transparent and fully auditable Ethereum blockchain. To power this new MOBU ERC20 platform for the issuance and trading of regulatory compliant securities on the blockchain, a MOB20 standard MOBU token will be created and distributed to network participants.
MOBU tokens are the underlying economic unit of the MOBU marketplace. The MOBU token allows value created in the system to be captured by the system itself. Just as almost all countries have their own currency, requiring these transactions to be in MOBU sets up incentives to remain in the system. If all transactions were in Ether (the native currency of Ethereum), then participants wouldn’t be storing value on the MOBU platform. By requiring that people hold (and transact) in MOBU, participants become claim holders on the system, which should generate the same forces of incentivization that have helped ecosystems like Ethereum (and many so-called “altcoins”) explode into active and diverse communities. Meanwhile, systems without their own native coin or with a “pegged” coin (e.g. Mastercoin) have struggled to develop growing or even sustainable communities or all important network effects.
Compared with current centralized and vulnerable storage systems for security token ICOs such as the SEC’s EDGAR database, MOBU prevents high-profile hacks occurring by isolating the storage of each security token ICO. This all-digital approach allows for a much more efficient and scalable system, which is important given that the EDGAR system is currently processing 50 million document requests and over 1.7 million electronic filings per year.
Why MOBU Security Tokens?
As the cryptocurrency market evolves, the global adoption of ICO fundraising structures has led to an explosion of new capital formation that has outpaced both the seed and venture capital investment markets. However, approximately 98% of these ICOs launched utility tokens. The securities market is a multi-trillion-dollar arena which remains virtually untouched in the blockchain space. Mobu team know that a security token start-up can be a legal, technical and regulatory nightmare. MOBU is a decentralised organised all-in-one platform to launch validated security tokens. Security tokens improve traditional financial products in a number of ways:
- Fees are lower
- Transfers instantaneous
- Exposure to the free market
- Investor base is larger
- Service functions are automated
- Decreased manipulation by financial institutions
Whitepaper - https://mobu.io/assets/mobu_whitepaper.pdf?80172489075
Five pager - https://mobu.io/assets/five_pager.pdf?80172489074
Investor Desk - https://mobu.io/assets/investor_deck.pdf?80172489074
Website — http://mobu.io
Telegram — http://t.me/mobuCHAT
Twitter — http://twitter.com/MobuICO
Facebook — http://facebook.com/MobuICO
Reddit — http://reddit.com/r/Mobu/
Instagram — http://instagram.com/MobuICO/
Github — http://github.com/mobuadmin
Bitcointalk — http://bitcointalk.org/index.php?topic=4726508.0
Bitcoin Wiki — http://en.bitcoinwiki.org/wiki/MOBU
YouTube — https://www.youtube.com/channel/UCw0W2zncDb_WBZXj4m_TqYA
Medium — http://medium.com/mobu-io
ICO-Dates & Token Info:
ICO Start date: 1st of December 2018
Token type: ETH (ERC20)
ICO Price: 1 MOBU = 0.15 USD
Min purchase: 0.1 ETH
Total supply: Tokens are only issued when physically sold
(350,000,000 tokens maximum possible supply, as per smart contract)
Soft cap: 1,000,000 USD
Hard cap: 35,000,000 USD
The Pre-ICO starts on 1st of September 2018 and comes with an up to 25% Bonus, visit their website and click on "Register Your Interest" to keep informed.
My personal Views
The Mobu project, which delivers a product which is genuinely needed, is managed by a strong team and advisory board with lots of experience in a broad spectrum. They have a detailed whitepaper and a clear vision while entering a vast market where up until now none competitor is active. Security tokens are apparently "the future of Crypto", and thus, I expect Mobu to be a strong player and a success story in this area. The MVP is announced for this month, just before the Pre-Sale starts, and ICO list guru members and others get chance to test the platform. I consider It as a good bet for ICOlist.guru members.
Mobu Promotional video:
Please consult you're professional financial, investment, and tax advisers before making any investment in MOBU. I do not provide investment or financial advice and does not endorse or recommend investment in any token advertised on this site. The content on this site is provided for informational purposes only and should be supplemented with independent research and factual verification.