Private placements raise roughly 3 Trillion USD per annum, think if you can do it with less friction and less middlemen? Mobu intends to be the complete infrastructure solution for security tokens. Mobu token holders will legally have the right to dividends and ownership of an actual operational stock exchange. The CEO of Stock exchange expects a turnover of 500 million ZAR for the 2019 year alone.
Launching a STO can be extremely challenging due to the magnitude of technical, legal and regulatory requirements and procedures. As an organised STO platform MOBU offers a complete blockchain solution to expand the horizons and solve the problems of cryptocurrency developers who are hesitant and unsure about all the procedures required when offering security tokens to the cryptocurrency community.
Real businesses wishing to raise capital by issuing security tokens will build their STO's on the MOBU platform. MOBU creates an abstract smart contract from which all STO's will be extended. The MOBU abstract smart contract will contain the code that is required by the STO's to conform to the MOBU ERC20 platform and the MOB20 standard to adapt to the ideas and requirements of MOBU.