MOBU is a decentralised platform and end-to-end solution for ICOs to launch compliant security tokens on the blockchain.
Launching an ICO that offers a security token can be extremely challenging due to the magnitude of technical, legal and regulatory requirements and procedures. As an organised ICO platform MOBU offers a complete blockchain solution to expand the horizons and solve the problems of cryptocurrency developers who are hesitant and unsure about all the procedures required when offering security tokens to the cryptocurrency community.
Real businesses wishing to raise capital by issuing security tokens will build their ICOs on the MOBU platform. MOBU creates an abstract smart contract from which all security token ICOs will be extended. The MOBU abstract smart contract will contain the code that is required by the security token ICOs to conform to the MOBU ERC20 platform and the MOB20 standard to adapt to the ideas and requirements of MOBU.
MOBU solves a distinct problem in a multi-trillion-dollar securities market. It connects validated investors and security tokens ICOs by cutting out the middlemen. Its clear business model demonstrates the unique use of and demand for the MOBU token on the MOBU platform by tender users but also receiving a small percentage of all ICO`s on MOBU to ensure both the success of future ICO`s and financial benefit of MOBU token holders. The establishment of bank partnerships ensures that all users will be able to convert fiat to cryptocurrency and support MOBU. MOBU has a different but unique escrow philosophy to protect investors and ensure higher return on investments. For example, MOBU ensures issuers of ICO`s not to have access to 100% of the funds after ICO`s. Investors will be able to exit ICO`s pro-rata after ICO if the team does not uphold to targets set. The MOBU platform ensures competitive pricing for legal, smart contract design, etc. to ensure lower barriers to entry and higher profitability for investors.
1 September 2018 – 15 September 2018: 25% Bonus
1 December 2018 – 31 January 2019: 20% – 0% Bonus