Post
Topic
Board Tokens (Altcoins)
Re: [ANN] MOBU - The Security Token Protocol and Licensed Security Token Exchange
by
futureofeth
on 15/07/2019, 08:53:00 UTC
Pecunio leads South African Exchange MOBU’s investment round. The all equity deal is priced at 1.27 Mio USD, putting MOBU’s value roughly at 21 Mio USD valuation.
https://medium.com/pecunio/pecunio-leads-south-african-exchange-mobus-investment-round-fb2f3b2b40dc


Whats this mean? Some fund invested 21 mln usd in Mobu? Is this mean that they almost covered hard cap already? Hardcap were 35 mln and more than 3 mln they raised already on pre-sale. So its almost 25 mln in total already?

Yes, we are not getting complete clarity on this situation about how much they raised through the crowd sales and private but now they are concentrating on IEO, we don't know how long they will continue the sales?

Dear Community,

We will disclose final numbers after fundraising period which we expect may last another 3 months at most.

Here is an exciting article released by Reuters:
https://www.reuters.com/brandfeatures/venture-capital/article?id=129989

regards
MOBU team

More than a year, now, again it is going to take another 3 months to get clarity on this, i don't why you people are kept dragging the things. Your main intentions are to raise money or do you have any strong developments team?