Post
Topic
Board Tokens (Altcoins)
Re: [ANN] MOBU - The Future of Security Tokens
by
BestKait
on 22/07/2018, 16:41:29 UTC
The registration process isn’t simple. It seems to me that many users will have difficulties at this stage))   
If they learn about it, they won’t experience any problems. A description of what investor should do to buy a safe token on Mobu platform is already available. Then this process will be described even better.   
How will it happen? Could you please describe it in brief?     
Before buying Mobu token every user is required to have her identity and accreditation status validated by a KYC provider. It’ll be necessary to find a KYC provider in yr region. If there’re several of them, you should choose the best one.     
What if there’re no KYC providers in my region?   
Then, most likely, you’ll have to look for KYC provider in other regions.    

Oh yes, that is very "simple" Smiley It seems to me that you'll cut of investors from many small countries with such requirements.

"MOBU creates an abstract smart contract from which all security token ICOs will be extended." The word 'abstract' confuses me somehow. And I guess it can confuse your future clients and their clients too.

By the way, what can your token be used for? Only for starting an ICO on the platform and trading?
I agree with you, both of them need it. The question is: will the same protection be provided by Mobu to investors and ICO or will there be any differences?


Hey there, not too sure what you mean here! But let me take a shot at an answer for you: 

A huge advantage of the MOBU platform is that only approved investors will be allowed to participate. This protects the issuer, of course, but also protects the investor pool from going in on an investment with investors who are not viable.

The platform is not designed with just the issuer in mind, but also to keep contributors protected.

 Smiley Wink Cheesy