[ANN] MOBU - The Future of Security Tokens

[thedon1997]

Have you already gathered a team of advisors for your ICO? What specialists does it consist of? Which projects did they work in the past?

Hey fgreg2692,

You can find out all the details regarding the mobu team here : https://www.mobu.io/ ( Click on the team tab in the website )

Mobu has 11 advisors, who are all very skilled in the crypto industry

[specialAU]

I came across this project accidentally, they say that it provides ICO with a new level of safety. Is it true? What will the project look like?   

[ggcript]

I came across this project accidentally, they say that it provides ICO with a new level of safety. Is it true? What will the project look like?   

MOBU facilitates the release of compliant security tokens with ease and confidence for all businesses backed by real assets that wish to raise capital on the blockchain.   

[specialAU]

I came across this project accidentally, they say that it provides ICO with a new level of safety. Is it true? What will the project look like?   

MOBU facilitates the release of compliant security tokens with ease and confidence for all businesses backed by real assets that wish to raise capital on the blockchain.   

Yep, put this is a general description, right? Are there already some solutions? Or will they be developed only after the end of the ICO?   

[ggcript]

I came across this project accidentally, they say that it provides ICO with a new level of safety. Is it true? What will the project look like?   

MOBU facilitates the release of compliant security tokens with ease and confidence for all businesses backed by real assets that wish to raise capital on the blockchain.   

Yep, put this is a general description, right? Are there already some solutions? Or will they be developed only after the end of the ICO?   

First of all, Mobu makes it easier release compliant security tokens for businesses which are backed by real assets and which would like to make profit on the blockchain и creates an abstract smart contract from which all security token ICOs will be extended. Consequently, the gap between cryptocurrency market and security market will gradually become smaller.

[specialAU]

I came across this project accidentally, they say that it provides ICO with a new level of safety. Is it true? What will the project look like?   

MOBU facilitates the release of compliant security tokens with ease and confidence for all businesses backed by real assets that wish to raise capital on the blockchain.   

Yep, put this is a general description, right? Are there already some solutions? Or will they be developed only after the end of the ICO?   

First of all, Mobu makes it easier release compliant security tokens for businesses which are backed by real assets and which would like to make profit on the blockchain и creates an abstract smart contract from which all security token ICOs will be extended. Consequently, the gap between cryptocurrency market and security market will gradually become smaller.

What about smart contract? Is there any info about it?     

[ggcript]

I came across this project accidentally, they say that it provides ICO with a new level of safety. Is it true? What will the project look like?   

MOBU facilitates the release of compliant security tokens with ease and confidence for all businesses backed by real assets that wish to raise capital on the blockchain.   

Yep, put this is a general description, right? Are there already some solutions? Or will they be developed only after the end of the ICO?   

First of all, Mobu makes it easier release compliant security tokens for businesses which are backed by real assets and which would like to make profit on the blockchain и creates an abstract smart contract from which all security token ICOs will be extended. Consequently, the gap between cryptocurrency market and security market will gradually become smaller.

What about smart contract? Is there any info about it?     

The MOBU abstract smart contract will contain the code needed by the security token ICOs to conform to the MOBU ERC20 platform and the MOB20 standard to adapt to the ideas and requirements of MOBU.   

[romaaa81]

The registration process isn’t simple. It seems to me that many users will have difficulties at this stage))   

If they learn about it, they won’t experience any problems. A description of what investor should do to buy a safe token on Mobu platform is already available. Then this process will be described even better.   

How will it happen? Could you please describe it in brief?     

Before buying Mobu token every user is required to have her identity and accreditation status validated by a KYC provider. It’ll be necessary to find a KYC provider in yr region. If there’re several of them, you should choose the best one.     

What if there’re no KYC providers in my region?   

Then, most likely, you’ll have to look for KYC provider in other regions.    

Oh yes, that is very "simple" It seems to me that you'll cut of investors from many small countries with such requirements.

"MOBU creates an abstract smart contract from which all security token ICOs will be extended." The word 'abstract' confuses me somehow. And I guess it can confuse your future clients and their clients too.

By the way, what can your token be used for? Only for starting an ICO on the platform and trading?

I agree with you, both of them need it. The question is: will the same protection be provided by Mobu to investors and ICO or will there be any differences?

[alexphjones]

A “lockup” utility to MOBU tokens for service providers will be introduced to be a compliant provider on the platform.

What if an issuer experiences some insurmountable technical problems which doesn’t allow him to follow the roadmap, can he contact investors to prevent them from leaving the project in advance?

[mahimaa]

When will first results appear?   

[nicolasbit]

When will first results appear?   

They’re promising to launch a beta version of the project by July, 1st. Maybe, this will be the first result.

[romfish]

How long is it before the start of the first round of the token sale?   

[californybit]

How long is it before the start of the first round of the token sale?   

If i’m not mistaken, there’re a little more than 40 days.   

[RinrtA07]

Are you gonna create a new KYS standard? It’ll be kinda KYC, right? What will be the difference between them?   

[BestKait]

The registration process isn’t simple. It seems to me that many users will have difficulties at this stage))   

If they learn about it, they won’t experience any problems. A description of what investor should do to buy a safe token on Mobu platform is already available. Then this process will be described even better.   

How will it happen? Could you please describe it in brief?     

Before buying Mobu token every user is required to have her identity and accreditation status validated by a KYC provider. It’ll be necessary to find a KYC provider in yr region. If there’re several of them, you should choose the best one.     

What if there’re no KYC providers in my region?   

Then, most likely, you’ll have to look for KYC provider in other regions.    

Oh yes, that is very "simple" It seems to me that you'll cut of investors from many small countries with such requirements.

"MOBU creates an abstract smart contract from which all security token ICOs will be extended." The word 'abstract' confuses me somehow. And I guess it can confuse your future clients and their clients too.

By the way, what can your token be used for? Only for starting an ICO on the platform and trading?

I agree with you, both of them need it. The question is: will the same protection be provided by Mobu to investors and ICO or will there be any differences?

Hey there, not too sure what you mean here! But let me take a shot at an answer for you: 

A huge advantage of the MOBU platform is that only approved investors will be allowed to participate. This protects the issuer, of course, but also protects the investor pool from going in on an investment with investors who are not viable.

The platform is not designed with just the issuer in mind, but also to keep contributors protected.

 

[BestKait]

When will first results appear?  

Hey mahimaa,

The team is working on MVP right now and intends to have something to share before the pre-sale on September 1st.

 

[BestKait]

How long is it before the start of the first round of the token sale?   

Hello romfish,

You can look forward to the pre-sale starting September 1st.

 

[BestKait]

Are you gonna create a new KYS standard? It’ll be kinda KYC, right? What will be the difference between them?   

Hey RinrtA07,

This is a great question! Yes, the MOBU platform will include a standard for KYC providers. This will include due diligence on token service providers, like capital requirements, track records, personal meeting etc.

 

[fgreg2692finn]

How are you planning to win competition in this market? Sure there’re some similar projects.   

[lilurammm]

What will be the difference between yr innovative mode of escrow servicing  and the one used at the moment?