Click on the play button to see a video explaining how MOBU works.
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.
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. We 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:
The total costs of launching successful ICOs are a lot more cost effective in raising funds than IPOs. Most IPO costs originate from payments owed to middlemen like bank institutions. Security Tokens remove the need for most bankers which lower fees while smart contracts may decrease the reliance on lawyers in future. Smart contracts decrease the complexity, costs and paperwork with managing securities (collecting signatures, wiring of funds, mailing of distribution checks, etc.).
By removing the middlemen from investment transactions issuers are able to conclude quicker timelines to successfully offer their security. Instant and prompt trade settlement on the secondary market for Security Tokens will become an attractive advantage for issuers and investors as well.
It is challenging for investors in Asia to invest in private US companies or real estate. Therefore, most investment transactions today lack exposure to a global investor base. With Security Tokens, asset owners simply market their deals to anyone with an internet connection. This free market exposure will lead to a notable reform in asset valuations since any asset that is not exposed to a free market is inaccurately priced.
ICOs now raise more capital than IPOs. The potential investor base is drastically increased when asset owners can present deals to anyone with an internet connection. It is obvious that asset owners prefer to show his/her investment opportunity to every potential investor in the world and not be restricted to only US accredited investors and institutions. Competition is healthy and beneficial for financial markets on long-term.
With Security Tokens, issuers will start to use smart contracts to automate the service provider function through software. In most transactions lawyers are less middlemen and more service providers. This does not necessarily indicate that lawyers will cease to exist, but rather that their function will be more advisory based.
The likelihood for corruption and manipulation by financial institutions is decreased if those institutions are removed from the investment transaction process.
Our dynamic management team is very knowledgeable and efficient in the areas of business, investment, finance, law, blockchain technology and cryptocurrencies with many years of experience. It prides itself with a dynamic and efficient management team who represents one of the largest cryptocurrency miners in the southern hemisphere.
Start of the Pre-ICO
End of pre-sale
Eth and BTC will be accepted for pre-sale
MAIN ICO COMMENCES
Public ICO starts on this date
MAIN ICO ENDS
The main ICO will end
Since Mobu is clearly a utility token it is easy to list on exchanges. Mobu will list on the exchanges above and will continue to list on other as the demand for the token grows
The first beta version of MOBU is to be launced allowing security tokens.
FOREX PAMM ACCOUNT
First Forex Percentage Allocation Money Management Account(PAMM) ICO on MOBU platform. If MOBU raises $10m: MOBU will develop the first forex and crypto percentage allocation money management (PAMM) ICO on MOBU’s platform and retain 20% of the authorised tokens to ensure that MOBU increases in value and that more resources are put into place to develop MOBU to its full potential. Blockchain was developed to prove data is real and this will be the first forex ICO that we are aware of. Blockchain Forex Managers will not be able to be dishonest about performance figures, management fees and assets under management anymore. This will ensure lower administration fees for investors.
GOLD MINING LISTED
Gold Mining Company listing on Mobu. We have two signed letters of intents of a Chrome and Gold mining business wishing to tokenise their businesses and understand the cost saving involved and benefits of using blockchain.
Crowdfarming ICO on MOBU platform.
If MOBU raises US $20m:
MOBU will develop the first crowdfarming ICO on MOBU’s platform and will also retain 20% of the authorised tokens to ensure that MOBU increases in value and that more resources are put into place to develop MOBU to its full potential. The blockchain is used for information that needs to be exposed. We will effectively provide detailed information and statistics about land around the globe to the blockchain with technology like https://what3words.com. (Full KYC/AML, SEC approval, authorized investors)
REGULATROY FRIENDLY CRYPTO EXCHANGE
If MOBU raises US $30m or more:
MOBU will develop a regulatory approved security token platform for MOBU tokens. This will give all investors the guarantee that all MOBU ICO`s can be listed on an exchange and that in this way liquidity will be ensured.
MOBU - A decentralised platform for launching security tokens. End-to-end solution!!!