MOBU ICO Details

Learn all there is to know about the MOBU initial coin offering.


MOBU is a platform to create and develop compliant security tokens. The members will be provided with an end-to-end solution for launching security tokens. At MOBU, the security tokens created will follow...


Background

MOBU is a platform to create and develop compliant security tokens. The members will be provided with an end-to-end solution for launching security tokens. At MOBU, the security tokens created will follow the MB20 protocol to assist the developers with the regulatory issues related to the creation of a token.

The MOBU (MOBU) token is an Ethereum-based (ERC-20) cryptocurrency. It will be used to access the security tokens development tools as well as other goods and services available on the platform.

Team:

  • Juan Engelbrecht: CEO. 
  • Paul Pelser: CFO. 
  • Brian Golding: CIO. 
  • Frikkie Van Biljon: CTO. 

MOBU ICO will begin on December 1, 2018. The ICO token supply represents 80% of the total token supply, so there is a total of 40,721,406 tokens available, for 0.15 USD each. The ICO funding target is 1,000,000 USD, the funding cap is 9,500,000 USD and is expected to end on January 31, 2018 or when the funding cap is reached.

Token Reserve Split (20%):

  • 12% Team (Frozen 1 Year);
  • 4% Advisors;
  • 3% Bounty;
  • 1% Airdrop.

MOBU ICO features a bounty campaign as well as the following bonus structure.

Bonus Structure:

  • 25% Round 1;
  • up to 20% Round 2.


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