Prepare to see the rise of MOBU, a revolutionary decentralised and end-to-end platform designed to launch compliance security tokens and help businesses raise capital.
The way of operation, in brief
At the core of the MOBU solution, the team has placed a unique MOB20 standard protocol. To gain a better understanding of how MOBU works and what is the role of MOB20, let’s have a look at the primary processes that can be promoted and tested inside the MOBU ecosystem:
The token issuers (or the real future companies on MOBU) post bounties to contract the best service providers for their needs.
After performing the tasks that are needed and creating smart contracts, the technical experts are rewarded with MOBU tokens. These abstract smart contracts are set to store the code that is necessary for the security token ICOs to comply to the rules and standard of the MOBU ERC20 platform and the MOB20 standard.
- The KYC providers pay MOBU tokens to be part of the network’s ecosystem.
- Investors pay MOBU tokens to go through the KYC process
- Legal operations and escrow providers can gain MOBU tokens for offering services
Besides these significant stakeholders, MOBU aims to form bank partnership to enable tath Fiat can be easily exchanged into cryptocurrencies, regardless of the location; moreover, this is needed to permit MOBU tokens to be obtained all over the world.
The lockup utility - a function that will guarantee scarcity of the MOBU token and will enhance the MOBU tokenomics. All the ICO service providers on MOBU will stake a certain amount of MOBU tokens to obtain the right to operate in the ecosystem. These tokens will be locked up for the full duration during which the respective service provider remains in the ecosystem - this is what makes the function unique, and this is what controls the supplied of MOBU tokens.
The tokenomics of MOBU, summarily
For the project to operate responsibly and profitably, MOBU has set a 1% fee for all ICOs that are about to use its platform; besides this cost, companies will have to pay a series of small transaction fees in the MOBU marketplace, as presented below.
The MOBU marketplace is the place where all the vetted KYC providers, escrow providers, technical smart contract developers and legal providers work together, to guarantee that security tokens are issued according to all current regulations. A significant part of these processes is played by the lockup utility function that we beforehand mentioned.
Without a doubt, a great value is being added to MOBU by its vast cryptocurrency community. Just take a quick look at some of its social media accounts: you will find that MOBU has a dynamic Facebook community of over 90,000 followers and a total of more than 85,000 members on Telegram and Twitter!
To find out useful comparisons between security tokens/utility tokens/conventional shares, to understand what features do MOBU and its competitors offer, to read more about the MOBU token and the platform’s components, visit https://mobu.io/ right now!
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