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RE: MOBU- the platform of ICOs - 205 Steem Dollars Writing Contest- My Entry

in #blockchain7 years ago

Thanks, @Piotr for dropping by.

MOBU is trying to a create an investment arena for investors instead of users. They are willing to create a market in which any company (tech and non-tech) can easily raise the funds. If they will launch utility token also don't you think it will defeat the purpose or the model of their own company.

To your next question, these tokens are like stocks (as if you buy Apple shares from the stock market) of the company. It is your investment instruments which you can take out in a long run with profits. The progress of the company will make the price go up.

Hope I could answer your questions. Let me know if you feel otherwise.

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Hi @nids209

Im very sorry for such a late reply. Somehow i've missed it and just read it a moment ago.

Thank you so much for your time and the fact that you're willing to share your knowledge with me.

Yours
Piotr

knowledge is the only thing which increases when you share. So, I am always ready :D

Cheers