Topic: [ANN] MOBU - The Security Token Protocol and Licensed Security Token Exchange - page 10. (Read 33098 times)

Currently Mobu is on forecasting platform Wings. I have recently come across it because I am an active curator on wings platform. Indeed this is a very interesting project. Got to keep my eyes on this.

ICO Analysis: MOBU
Published on November 11, 2018
By Joshua Larson
Proof: https://hacked.com/ico-analysis-mobu/

Team
Mostly from South Africa, 12 members of the management team are listed. As a whole, they seem good, but not great. Here are a few that stood out.
Juan Engelbrecht – Founder/CEO. Also founded Zaber (a large South Africa crypto farm) in 2015. He spent 2 years as Director at Khalifa Capital. Has been Director at Evolve Fund Managers since 2013.
Paul Pelser – CFO.  He spent 17 years as an accountant for PSP Pelsar Accountants. He has been the owner of Pregal Mining for the last seven years,
Paresh Masani – Blockchain/security engineer. He spent three years as Mobile Platform Exec Director at Goldman Sachs, London. Senior Director at Thomson Reuters and ETX Capital.
A total of 12 Advisors, and two are from Realstart.com, a custom software development company. At least six of them are ICO experts and three are blockchain enthusiasts.

Verdict
This is an extremely attractive project andnd it looks like the hype/demand for this token is there. They already raised $3 million in the pre-sale, and are asking for just $6.5 mill more in the public sale.
Being a front-runner in the cryptocurrency space has proven to be a beautiful thing. When we asked CEO Juan Engelbrecht, who is your nos 1 and 2 competitors, he named Securitize and Polymath. Polymath has a $75 million market cap.

Risks
    Pretty much crickets in their GitHub. Twelve followers. -1
    No MVP out yet. They provide this video of what the MVP will look like, though. -1
     Non-accredited investors from the US are banned from using the platform. This is the opposite of a risk but gets a minus nonetheless. -1
    Their Blockchain Engineer, Paresh Masani (Goldman Sachs and Barclays) is a stud. But the rest of the team and advisors seem pretty average. -1
    At this point in time, no major exchange is going to list the security tokens birthed from MOBU. When asked about this in Telegram their CEO said, “LA token has a security token exchange division. Also, MOBU is securing equity stake in an operational stock exchange. GBAX and Tzero will also have security token exchanges available soon.” -0.8

Growth Potential
    They already have a Chrome and Gold mining business signed up to tokenize through MOBU. +2
    The $9 million hard cap leaves all kinds of room for gains.+3
    120 million tokens is all there will ever be; 100% of them will be sold in the ICO. +1
    MOBU will develop a First Forex Percentage Allocation Money Management Account and will retain 20% of the authorized tokens to put back into the development of the MOBU Platform.+2
    From the company: “MOBU token will be available on most exchanges such as Bancor but have already been approved by COINEXCHANGE, CRYPTOPIA, IDEX, GET BTC, HitBTC, LIVECOIN and YoBit.net.”+2
    Although most of these reviewers have lost credibility over the last year, their strong scores prove the hype train around this project is real. +2

Disposition
We usually don’t cover ICOs post-pre-sale, but this one is an exception because it’s still an attractive deal. The pre-sale bonus was 25%, and if you are fortunate enough to get into this crowdsale the bonus will be 20-25% depending on how early you get in. After that, the sky is the limit for MOBU.  7.2/10

Investment Details
    Symbol: MOBU
    Platform: Ethereum
    Total Supply: 120,000,000 (120m)
    Presale: 25% bonus. ended Sept 15 Soft Cap reached
    Public Sale: 5-20% bonus. Dec 1st- Jan 30th (or until cap is reached)

The security token era of the market is coming!

Here is how MOBU is going to disrupt this.

So what does your token MOBU do?
Real businesses wishing to raise capital by issuing security tokens will build their ICOs on the MOBU platform. MOBU creates an abstract smart contract from which all security token ICOs will be extended. The MOBU abstract smart contract will contain the code that is required 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.

what will the project do to increase the value of the MOBU token?
MOBU Referrals – Companies/Individuals referring ICO issuers onto MOBU will be rewarded in MOBU tokens which will be equivalent of one year`s revenue generated on the platform by the percentage of fees generated from the marketplace. This amount will be paid in MOBU and locked-up over a 3-year period also ensuring increase in demand and scarcity of MOBU.

Does the market have demand for MOBU token?
MOBU solves a distinct problem in a multi-trillion-dollar securities market. The MOBU platform creates a set of rules that govern the issuance of compliant security tokens, and program them into smart contracts on the Ethereum blockchain ensuring transparency and immutability. Its clear business model demonstrates the unique use of and demand for the MOBU token on the MOBU platform by tender users. The MOBU platform ensures competitive pricing for legal costs, smart contract design, etc. to ensure lower barriers to entry and higher profitability for investors.

So what does your token MOBU do? And what will the project do to increase the value of the MOBU token? Does the market have demand for MOBU token?

Dear Community,

We are proud to bring you the following YouTube clip from Martins Hacks:

🎥 CRYPTOCURRENCY ICO REVIEWS MOBU A DECENTRALISED PLATFORM FOR ICOS 2018

https://www.youtube.com/watch?v=XmnJ4ghIGww

Dear Community 👋🏻
We are proud to see mobu listed in this Top 5 Article! 🔥

TCA releases top 5 ICOs to invest in November

"Attention crypto investors looking for potential ICOs! Leading online news portal The Currency Analytics has recently released a curated list of top 5 ICOs to invest in November. All the ICOs listed are forerunners of revolutionary concepts in the crypto scene and the society overall and promise outstanding returns."

thecurrencyanalytics.com/3465/tca-releases-top-5-icos-to-invest-in-november/

The team aren't aware of RICO but, yes similar concept applies

So investors will be able to refund their money in any time? And all this will be made in your platform automatically or you will have some people who will investigate this?
As far as I know ERC20 token creator proposed at Devcon4 conferense in Prague few days ago same thing - ICO refund (RICO) ...

Great Questions, gembira!
MOBU introduces a new innovative 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. This unique feature ensures higher overall ROI for investors and creates a network of confidence and trust that will boost economic efficiency and incentivize community growth.

The MOBU platform lowers the barriers for businesses and issuers of financial products to launch security tokens on the blockchain. MOBU bridges that gap between the securities marketplace and the blockchain. MOBU integrates the whole ecosystem of security tokens by partnering with various regulatory organizations which makes the MOBU platform holistic and reliable. The MOBU platform allows individuals and companies to participate in valuable blockchain-based asset ownership and investment opportunities.

MOBU is already SEC approved with exemption for accredited investors.  Doing 506c private placement.  Axis Legal Counsel based in NY takes care of our legal issues in America.  The SEC has declared platforms as utility tokens.

Can you explaine what differen between your platform for ICOs and other existed platforms like LeekIco, TokenNeed etc? Which services you going to provide for security tokens? Do you have a licenses for security tokens from relevant authorities Like SEC for creating this security tokens?

this project is moving very well with cooperation with the conference community and other positive things. if understood everything correctly, are you settled on voting at the wings platform? if this is so it is very good news to me.

nice to see when the team is working and we can observe the development of the project.
I hope it will be so in the future, I will follow your project, it is interesting to me.

Hello traveler007, the team is focussing on private events as market conditions have changed. The bonus during presale was 25%. While MOBU is a decentralised platform for ICOs to launch compliant security tokens on the blockchain, MOBU is a utility token.

Why you have so big delays between pre-sale and ICO? What bonus was for pre-sale investors? Do you have a security token too and have all related lisences for this?

Out of 30 projects, Mobu was one of 8 chosen to present at a private event today in Singapore hosted by Telegrowth!

Hello everyone 👋

We are delighted to share Mobu's most recent review with you! 💥

Why You Should Keep an Eye on Mobu

Check out the InvestInBlockchain full article - 5 ICOs To Watch In Q4 2018 - 👇

👉https://www.investinblockchain.com/icos-to-watch-q4-2018/👈

Hey dear Mobu Community👋👋

We are very happy to share with everyone this piece on Mobu from Thecurrencyanalytics: MOBU is set to Disrupt Security Tokens

Frikkie Van Biljon, CTO of Mobu states that “Mobu is the ultimate solution to launch Security Tokens”. Tradeable security tokens is the special feature of MOB20 standard.

The mammoth task that one has to face before launching the security token is to deal with the regulatory and legal challenges.  If these challenges are crossed every investor would be able to enjoy the immutability and transparency conferred by the blockchain technology.

Please make sure to check it out here: 👇👇

https://thecurrencyanalytics.com/3074/mobu-is-set-to-disrupt-security-tokens/

For any kind of questions or just to get to talk to the team or other supporters, please join the telegram group at https://t.me/mobuCHAT   

Dear Community,
We are proud to share Mobu's most recent with you!

"MOBU Spearheads the Next Megatrend of the Blockchain Revolution!"

"What is the Next Megatrend causing a Buzz in the Market?
It is the most lucrative token on the blockchain, namely the security token! With the arrival of the security token offering (STO), the crypto space is beginning to reach an unexplored level of legitimacy in the financial community. We are about to witness perhaps even more disruption in markets and society than ever experienced before!"

https://medium.com/@MOBU/mobu-spearheads-the-next-megatrend-of-the-blockchain-revolution-afbaf6a8cb91

Mobu presenting to more VC firms and blockchain funds in Seoul, South Korea.

http://www.mobu.io