MOBU Legalizes Security Tokens

Today, projects that go to the ICO use two types of tokens: utility and security.

According to statistics, 98% of completed ICO issued a utility token and it is clear why this has happened:

• Financial regulators equate the security token with securities, which is accompanied by stringent requirements for the issue.

• Evidently, the utility token has exhausted its potential as a tool of attracting funds from companies that own real assets. It is not suitable for large investors whose main aim is profit making.

Therefore, there is a clear trend towards the use of security tokens. The fact that governments have decided on their position on the crypto currency is of considerable importance for such changes. It is decided that it will exist, but it must be regulated.

The MOBU blockchain-platform is created to facilitate the release of investment tokens by projects that are going to the ICO. On the other hand, it ensures that investors will pass procedures like KYC / AML.

At its core, MOBU is a bridge between fintech and the securities market, with volumes of several hundred trillion dollars. This is a comprehensive solution for all participants of the investment process.

MOBU offers:

• KYC, AML and SEC approval for ICO;
• a completely new approach to escrow, when the project team does not receive full access to the funds raised by ICO, and the investor can withdraw its investments;
• bank support of investors when converting fiat to crypto currency, with the guarantee of carrying out of this operation;
• eliminating all the complexities of ICO for non-technical companies;
• a low commission for its services (about 1%);
• use of smart contracts, which ensures transparency and reliability of all transactions;
• guarantee that security tokens will belong only to accredited investors;
• ecosystem with proven service providers;
• high profitability for investors (ROI);
• reliable protection of investors using bank support and isolated storage facilities;
• automation of service functions;
• legal support to all participants.

The MOBU platform is a trust network that will ensure a high efficiency of the investment process.

It is based on abstract smart contracts designed for use in the Ethereum blockchain. The internal utility MOBU token will comply with the ERC20 standard.

The MOBU token will be used by all platform participants, whether they be issuers, smart contract developers, regulators, investors, legal representatives or persons responsible for escrow.

Each of them will perform its functions and receive from customers tokens MOBU for this.

In addition, tokens will be freely traded on crypto-currency exchanges. It is expected that the demand for their acquisition will be very high, hence, the price will grow.

The MOBU team decided to hold its own ICO in 2 stages: the preselection will be held from September, 1 to September, 15, 2018, and the main stage will begin on 01.12.2018 and finish on 31.01.2019.

The price for 1 MOBU token will be $ 0.15.

Soft cap will be $ 1 million, and hard cap - $ 35 million.

The MOBU platform introduces securities into the decentralized environment of the detachment. At the same time, high reliability and transparency of operations low commissions, instant settlement and round-the-clock trading are ensured.

This is exactly what traders of traditional stock markets, securities issuers and large investors need.

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