205 Steem Dollars Writing Contest- My Entry
What's Mobu?
Mobu is an imaginative clever contract stage, whose primary goal is to close the current hole between the share trading system and the blockchain by permitting the consistent arrival of security tokens by genuine organizations.
Mobu is an ecosystem that presented and uses a remarkable standard convention for the entire and more prominent insurance of its financial specialists and ICO backers keeping in mind the end goal to make a situation of better ICO administrations costs that make it more focused than the SEC and every one of the laws including KYC/AML.
What is ICO token
I need to discuss the ICO Tokens with the goal that the individuals who don't see well about what they are perusing can comprehend the subject however much as could reasonably be expected. An ICO or Initial Coin Offering is the time when a blockchain-based venture begins pitching a progression of tokens to the principal clients in return for digital forms of money, this implies the blockchain venture offers financial specialists a few units of one new cryptographic money or its token in return for other referred to cryptographic forms of money, for example, Bitcoin or Ethereum.
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What is the difference between security and utility token?
We have utility tokens, which are those that enable their proprietors to purchase distinctive administrations, keeping in mind the end goal to fund ventures with a typical foundation and afterward we have security tokens that are a kind of tokens that give their proprietor the privilege to execute their speculation advantages. What is the contrast between these two? The security tokens give you the privilege to take an interest in a legitimate element, to give capital, influence a benefit, to be a bank or moneylender and the primary target of the utility tokens is to encourage the buy procedure, nonetheless, without benefit
Everyone should to join Mobu to get free ico token. I hope it will lead the Future
This is my entry for the sponsored writing contest organized by @monajam. You can find the contest Here
images source : https://www.mobu.io/
Upvoted and resteem
Excellent review @avantika
I was just wondering. It seem to me that MOBU is one of very few ICOs that are completly launched as security token. I wonder why. Wouldn't it be better to come up with some utility to their tokens and launch ICO as a utility token?
And also how will they maintan the price? Does MOBU offer Masternodes or POS to attract hodlers? If I cannot use those tokens and on top of that if there is no POS/masternodes introduced into their structure ... then what would make price go up or at least stay on stable level?
Obsiously upvoted :)
Yours
Piotr