205 STEEM DOLLARS WRITING CONTEST - MY ENTRY " MOBU - A USER FRIENDLY PLATFORM FOR ICOs SECURITY TOKEN LAUNCH"

My entry for the sponsored writing contest organised by @monajam you can find the contest link here: https://steemit.com/contest/@monajam/205-steem-dollars-writing-contest-mobu

The Cryptocurrency trend is moving rapidly and many businesses that want to raise funds for their businesses are seeking for means to tap into this crypto trend by creating their own security token. A security token can be described as a unit of a business or a company's asset investors buy into. Investors holding such security tokens become part owners of the company's asset in line with the amount of the company's asset they have bought and they are entitled to a share of the company's profit and revenue.

Utility tokens are very much different from a security token in the sense that it only offers it's holders access to a company's network or products and services. Holders of utility tokens are not part owners of the company's asset and cannot share in the company's profit or revenue. While holders of security tokens are holding such tokens for profit purpose and have a share in the company's profit.

Utility tokens are very easy to launch because they are not investment tokens, thus no strict rules are regulating their launching. An example of utility token is Golem: a computer processing network where individuals buy the token so as to access a faster computer processing speed. But for security tokens, the processes, procedures and regulations guiding their launch are discouraging many businesses from tapping into this wonderful opportunity that crypto is offering to the business world.

Because of the strict rules, legal requirements and technicalities surrounding the launch of a security token, businesses that would love to raise capital by using such means are finding it difficult to do so. Most businesses that wanted to raise capital by launching security tokens are launching utility token instead because of their inability to meet the requirements involved in security token launch. But what if I tell you that a solution is already here that gives all real businesses the opportunity to launch their own security token? The solution is MoBu.

What is MOBU

MOBU is a decentralized ICO platform that enables businesses seeking to raise funds by issuing security tokens to build their ICOs on the MOBU platform without going through the technicalities and difficulties associated with such process should they try to do it on their own. The MOBU platform has met every requirement that businesses that want to launch their own ICOs should have met and all such businesses are required to do is to launch their ICOs on the MOBU platform at a very moderate fee.

MOBU aims to bridge the gap between business investors and security token ICOs by taking out middle men and give real businesses the opportunity to raise funds for their businesses while at the same time, guaranteeing investors security and profit on their investment. The MOBU platform will be powered by the MOBU token. This is the utility token that will be used for payment of products and services in the MOBU platform.

Some benefits businesses and there investors would derive for launching their security tokens on the MOBU platform are:

• The MOBU platform already offers KYC, AML and SEC approval, so businesses wouldn't need to go through such rigorous registration processes before they can launch their ICOs.

• It offers innovative escrow services to ICOs

• It offers bank support to investors when fiat is converted to Cryptocurrency and smart contract development.

• It facilitates all the processes the business need to raise the fund.

• Its fees are very low.

• It offers instant settlement and round the clock trading.

• The platform verifies who can buy and sell the token.

• It provides clarification and certainty to both the investor and the issuer in terms of expectations and rights. Etc.

The benefits businesses will derive for launching their security tokens on the MOBU platform are numerous. MOBU platform has come to give real businesses the opportunity to expand their businesses by launching their security tokens on the MOBU platform with ease.

For more information on MOBU and its services, visit any of the links below.

MOBU website

MOBU whitepaper

MOBU Twitter