Tokenization has been one of the most successful phenomena resulting from the ICOs as an expression of a valuable and effective alternative fundraising. And all this is part of the successful consequences of the implementation of blockchain solutions. This trend of financing for projects will continue to grow, however it requires greater technical and operational capacity to face the challenges of safety and viability in every aspect. With the vision of facilitating these and other aspects, MOBU emerges as a decentralized ICO platform on which we will talk here.
Putting a security token on the market can be a legal, technical and management nightmare. MOBU is an organized and decentralized ICO platform that facilitates the release of validated security tokens, solving the problems of cryptocurrency developers who do not handle all the necessary procedures when offering their tokens to the crypto community.
MOBU facilitates the release of security tokens compatible with the ERC20 and MOB20 standards with ease and confidence for all companies that are backed by real assets that want to raise capital in the blockchain to make their projects work.
Any company interested in developing and launching its own ICO and its own security token can do so through the MOBU platform, which in turn is the sum of a series of processes to manage interactions between users, such as when an investor get on board; when an issuer launches a security token; when an investor buys a safety chip; when an ICO security token contract is created; when a KYC provider gets on board; when a legal representative gets on board, among other processes.
An easy-to-use platform for ICOs that generates trust is the only way to allow non-technological entrepreneurs to participate in the blockchain world as actors. And it is precisely the vision of MOBU.
In the MOBU platform there is a set of intelligent contracts whose function is to coordinate the interactions between the participants in the different processes already listed here. Intelligent MOBU contracts are implemented in Ethereum but could be linked to other platforms allowing greater versatility.
Among the main advantages of MOBU we can mention that it provides clarification and certainty for both the investor and the token issuer in terms of expectations and rights; provides an ecosystem with a bidding process investigated with strict criteria (rating system); deploys a network of authorization centers for KYC / AML compliance; allows voting rights and dividends in tokenized form for ICO`s; and provides legal support, among other features.
The platform has its own native token, the MOBU token, which is the main utility token that feeds the MOBU system. The MOBU token conforms to a MOBU ERC20 platform and an MOB20 standard.
The MOBU token will be available to investors in its pre-sale phase that will begin on September 1 and last until the 15th of that same month. During this phase, the purchase price of the token will have a discount bonus of 20%. On the other hand, the public sale will begin on December 1 and the deadline to acquire the tokens in ICO phase will be on January 31, 2019. The price of the token in its main phase of public sale will be $ 0.15 and will be possible acquire it through Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), DASH or FIAT (USD). With this initiative, the company plans to raise a maximum of $ 35,000,000.
To learn more about MOBU, we suggest you check its White Paper and join at their Telegram channel.