A Decentralized Organised Platform for Launching Security Tokens
- ICO start: 1. Dec 2018
- ICO end: 31. Jan 2019
Technology: Ethereum blockchain
Mobu ICO Short Review
Mobuoffers a decentralised organised Ico platform to facilitate the release of compliant tokenized securities in the blockchain space. Mobu is an ecosystem that implements a unique Mob20 standard protocol to ensure the protection of both investors and Ico issuers. By this offering Mobu creates a more competitive Ico services pricing environment which complies with Sec and all regulations including Kyc and Aml. By introducing a new innovative and unique method of escrow services to Ico`s, investors are able to exit the Ico after the crowdsale on a pro-rata basis if the Ico issuers do not adhere to their roadmap or goals. A “lockup” utility to Mobu tokens for service providers will be introduced to access services, rather than spend the tokens. This creates scarcity of supply in the market and increases the demand and intrinsic value of the Mobu token. Lockups can be used by investors to determine the intrinsic value of the Mobu token. Mobu targets a strong growth area in the market and in the same way will the Mobu platform grow, evolve and develop. Mobu considers several ways to apply this “lockup” utility of Icos: Service providers, premium services and Ico issuer referrals.