This is my entry to the sponsored writing contest organized by 
The cryptocurrency industry is no much different. Entrants face challenges such as knowing what to do and when to do it. Getting the right investors can be a headache, and also not running foul of government regulations, as this could lead to ones enterprise getting shut down. Trust is also a big issue, and these are some of the major challenges users on both side of the divide face.
Usually, to take care of these issues, there are middle men.
MOBU has created a solution, where both parties can work together to achieve a similar goal, and all sides keep to their part of the bargain, while being achieved without the need of middle men.
The use of smart contracts ensures that milestones are met, before any funds are released. By making use of smart contracts, the need for middle men such as banks and lawyers to seal these agreements are no longer needed, and this ensures that the cost of putting things in place is drastically reduced.
MOBU also enforces this trust issue by the use of an escrow service. They ensure that company's do not have total access to funds raised, to avoid misappropriation of funds, and leaving the investors without a return on their investment.
MOBU's Pre-sale starts on September 1, 2018, and ends on September 15, 2018. This is a perfect example of a security token. By buying in, investors are expecting a financial return on their investments.
This is everything utility tokens are not. Utility tokens do not guarantee an expected return on investment.
With MOBU in play, it is hoped that we will have more successful ICO’s, which will ensure that investors get a good return on their investments, and the sector continues to thrive.
FOR MORE INFORMATION & RESOURCES:
MOBU
MOBU WhitePaper
MOBU's Twitter
MOBU's Medium
MOBU on LinkedIn
MOBU's Team
