This is my entry for the sponsored writing contest organized by @monajam. The link to this contest is here: https://steemit.com/contest/@monajam/205-steem-dollars-writing-contest-mobu
MOBU es un sistema descentralizado de plataforma ICO para facilitar el lanzamiento de la seguridad de los tokens en el blockchain. Realmente las empresas que desean aumentar el capital mediante la emisión de tokens de seguridad construirá su ICO en la plataforma MOBU. Crea un contrato inteligente abstracto desde el cual todas las ICO de fichas de seguridad serán extendidas. este contrato inteligente contendrá el código requerido por la ficha de seguridad ICOs para cumplir con la MOBU ERC20 plataforma y el estándar MOB20 para adaptarse a las ideas y requisitos de MOBU.
As the cryptocurrency market evolves, the global adoption of ICO fundraising structures has led to an explosion of new capital formation that has outpaced both the seed and venture capital investment markets. However, approximately 98% of these ICOs launched utility tokens. The securities market is a multi-trillion-dollar arena which remains virtually untouched in the blockchain space. We know that a security token start-up can be a legal, technical and regulatory nightmare. MOBU is a decentralised organised all-in-one platform to launch validated security tokens. Security tokens improve traditional financial products in a number of ways:
Fees are lower
The total costs of launching successful ICOs are a lot more cost effective in raising funds than IPOs. Most IPO costs originate from payments owed to middlemen like bank institutions. Security Tokens remove the need for most bankers which lower fees while smart contracts may decrease the reliance on lawyers in future. Smart contracts decrease the complexity, costs and paperwork with managing securities (collecting signatures, wiring of funds, mailing of distribution checks, etc.).
Transfers instantaneous
By removing the middlemen from investment transactions issuers are able to conclude quicker timelines to successfully offer their security. Instant and prompt trade settlement on the secondary market for Security Tokens will become an attractive advantage for issuers and investors as well.
Exposure to the free market
It is challenging for investors in Asia to invest in private US companies or real estate. Therefore, most investment transactions today lack exposure to a global investor base. With Security Tokens, asset owners simply market their deals to anyone with an internet connection. This free market exposure will lead to a notable reform in asset valuations since any asset that is not exposed to a free market is inaccurately priced.
Investor base is larger
ICOs now raise more capital than IPOs. The potential investor base is drastically increased when asset owners can present deals to anyone with an internet connection. It is obvious that asset owners prefer to show his/her investment opportunity to every potential investor in the world and not be restricted to only US accredited investors and institutions. Competition is healthy and beneficial for financial markets on long-term.
Service functions are automated
With Security Tokens, issuers will start to use smart contracts to automate the service provider function through software. In most transactions lawyers are less middlemen and more service providers. This does not necessarily indicate that lawyers will cease to exist, but rather that their function will be more advisory based.
Utility tokens, also called user tokens or application currencies, represent future access to a company's product or service. The defining characteristic of utility tokens is that they are not designed as investments; if properly structured, this feature exempts utility tokens from the federal laws governing securities. Utility tokens are services or service units that can be purchased.
We are all aware of how big the security token market is and how challenging it is to launch a compatible security token. Currently there are some players who try to play in this market, such as Securitize, Coinlist and Polymath. It is said that competition is healthy, since it shows that you are solving a real problem. MOBU is a decentralized platform for launching compatible security tokens. Please find a brief description of the biggest MOBU competition: Polymath and Ethereum.
NOTE: Since MOBU is an ERC20 token, Ethereum is added for the purpose of better understanding and is not considered direct competition.
MOBU understands that there are companies that want to launch tokens as adequate values, in full compliance that reflect their traditional counterparts. Its platform, by offering a unique solution for both the ICO organizer's compliance and the buyer's angles, provides an enormous boost of confidence. The security tokens launched from there have the same legal functioning and the same structure as paper-based tradable shares, which creates much more confidence and sets the stage for institutional investment.
The platform, through intelligent contracts, guarantees that each and every one of the legal requirements for security tokens are met when they start, including the backup of real assets. Through this, MOBU offers developers and token launchers great peace of mind if they are not sure what regulations to follow when offering security tokens to the crypto community.
Taking the issue from the buyer side, the platform gives investors confidence that the security tokens they are buying comply with current regulations covering the sale of regular securities, giving digital tokens the same position as their traditional counterparts.
For more information:
https://www.mobu.io
https://medium.com
https://twitter.com
Great piece of work, @dianaabreu
But I need to ask you some question?
So far it seem 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?
Upvote on the way! :D
Yours
Piotr