MOBU: The platform for the companies to raise capital through ICO
One of the most basic and prominent requirements of any business, whether private or public, is the access to the capital. The capital requirement is the primary necessity for the business to exist. Public companies raise funds from the public investors and banks while the private companies raise capital from the venture capitals and wealthy individuals. Recently, we have seen a new trend to raise the capital and that is conducting the ICO. This is similar to IPO of a public company in the stock market, but only more technologically advanced and technology dependent.
Cryptocurrency has been part of our lives for some years now, and we have seen many startups raising millions of dollars through ICO. The securities market is yet not utilized by the technology that can bring value to the cryptocurrency world. The multi-trillion dollar market can be game-changing in the blockchain world. But there are many issues regarding the security token being launched in the market. Not only technical but government regulation in many countries will also be an issue. Do you think that we can create a platform for the launch of the security token for any company?
Solution offered
MOBU is here with an innovative solution. They have launched a platform that allows any company to raise capital backed by the real assets. They help companies launch security tokens in the market with the help of blockchain technology. The tokens launched are security compliant and market ready. Based on the smart contract, it allows companies to raise capital in the world of cryptocurrency. There are several advantages on the platform for the businesses looking to raise capital via the security token route. And, some of them are the network of authorization centers, escrow services, lockup utility and verified users.
There are also many advantages for the investors on the platform such as higher ROI, regulated environment, better protection, scalable system and better data protection. Choosing the route of the tokenized securities for a company serves many purposes such as lower fees, faster executions, less manipulation, largely free market and large investor base.
ICO INFORMATION AND TEAM
80% of MOBU Token are reserved for the public sale. The pre-ICO will start on the 1^st^ of September 2018 and continue until the 15^th^ of September 2018. The main ICO will start on the 1^st^ of December 2018 and continue until the 31stof January 2019. The funds are utilized by the company for the development and marketing of the platform. The team working on the project is experienced in the software development, business, and blockchain development.
Conclusion
MOBU token serves many purposes on the platform such as providing liquidity and future transactions on the platform between different users. The ecosystem created by the team is transparent and healthy which allows each stakeholder to has his say in the decision making progress. There is a 1% fee charged for all the ICO which will utilize the MOBU platform. The platform has provided an opportunity to the millions of companies who are probably thinking of raising a capital and are not sure how can they do it.
The perfect and smooth way provided by the platform will serve the long-term utility. Investors who are looking for the valuable and scalable business will find many good opportunities on the platform in the coming years. I think that bringing blockchain technology into the securities world, they have presented a revolutionary concept in the market. The future is uncertain, but the response of the investors will decide the fate of the platform. What do you think about the platform? Will you invest in it?
Website- https://mobu.io/
Whitepaper- https://mobu.io/assets/mobu_whitepaper.pdf
Published By- Kishan748
Btalk Profile- https://bitcointalk.org/index.php?action=profile;u=1027561
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