Mobu: Taking Businesses to the Next Generation! |205 Steem Dollars Writing Contest- My Entry

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This is my entry for the sponsored writing contest organized by @monajam. You can find the contest here!

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Security Tokens: Amplify the Potential of Your Start-Up!

These days everyone has an idea for an start-up and everyone wants to enter the world of entrepreneurship but this is no easy task, with all the legalese you have to go through to get established and start getting to the real side of the businesses, most people tend to give up.

There's a way around these issues, everyone does it! Its pretty simple, just create a security token! Of course this also has its challenges but with the help of Mobu it won't be that hard anymore!

You might be asking yourself, what is a security token? well its quite simple, a security token any asset that his value is tied to an external, traceable asset instead of community consensus or desirability or just plain hype like these days on the crypto market. Creating a security binds you to many federa regulations and not abiding to them may cause the failure of your start up with the costly penalties that will be imposed upon you, Mobu is here to not allow that to happen and to allow your start up to reach its maximum potencial!

Mobu is here to change the world by making the creation of a certified and complaint security token a breeze for any start-up, business, person or already established companies.

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Utility vs Security

You might be asking yourself, why waste your time with all this legalities when you can just create a utility token and most likely be able to call it a day? Well its quite simple, utility tokens usually represent future access to a company's service that might be available in the future, this means they are used or supposed to be used to acquire a service that a company will be providing but what if your new start up or business is not supposed to provide a direct service or its not even a paid service and your revenue plan comes from somewhere else?

Well that is when you pick up a security token instead, they offer you a wider variety of applications, like stable coins tied to the dollar value or to gold value and even the stocks of a company, just imagine distributing your stocks over many users across the country and the globe through the safety of a blockchain! This will make your stock accessible to millions upon millions of people and you know what happens with that!

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Mobu!

Mobu's goal is clear, be the top blockchain for launching security tokens that are compliant to the law to enhance the potencial of success of your start-up or to bring your business into the current technological realm! Everyone will be able to do this, big real state businesses, hotel chains, small companies, big companies, a coal mine! everyone! This is the freedom that blockchain and Mobu plan to give to the world with the efficiency of blockchain technology and removing slow bureaucratic middleman out of the way!

But Mobu's focus will always be on the security of the user, it will limit certain sales to accredited investors, it will weave partnership with commercial banks to ensure that banks won't block transactions and especially building confidence and trust among the community.

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Sources:

https://www.mobu.io/

https://medium.com/@argongroup/8-important-things-to-know-about-security-tokens-token-regulation-3d548a1a6367

https://strategiccoin.com/ico-101-utility-tokens-vs-security-tokens/

https://strategiccoin.com/3-types-ico-tokens/