Mobu - The Fastest Blockchain in the World

 

The cryptocurrency/blockchain industry has been a moving target mostly over the past 5 years from ICO`s, STO`s, IEO`s, NFT`s, Defi, etc.  but one thing we all can agree on is to grow as a company, you have to adjust with the times.  When you think of LG, you're probably thinking of that nice flat screen TV you saw at the electronics store the other day, or that shiny washing machine. But LG didn't start off as an electronics giant; it all started in 1947 and moved to hygiene and cosmetics products soon after. Same for Tiffany`s.  When you think high-quality jewelry, you think Tiffany's, right? You may be surprised to find that this gem of a household name started its business as a New York stationery store.

“Ideas don't come out fully formed , they only become clearer as you work on them . You just have to get started.” – Mark Zuckerberg

The truth is the concept of Digital shares in the form of security tokens are ten years away especially outside of USA.  In Africa crowdfunding is still a grey area and not fully regulated.  South Africa is still trying to manage electricity and struggles with load shedding.  Security tokens is simply too futuristic at this stage for most of the world.  Legally it is simply not recognised linking a real world asset to a blockchain token in most parts of the world.

Other than legalities, Securitizeprobably is leading the pack but even they are 4 times more expensive to manage a company`s cap table than traditional Carta for equity.  We admit that capital markets are inefficient but the current security token solution is making it even more inefficient.  Most of the security token exchanges are burning money as the expectation that STO`s will be the new ICO`s is clearly a myth.  Most security tokens are build on Ethereum blockchain in their standard ERC721 protocol or ERC20 with some amendments.  The average Ethereum transaction fee was 5.70 USD in march of 2021 and is simply too expensive especially in times of high ETH/BTC prices and usage the market gets congested.  Polymath`s STO20 protocol is simply 5 lines of code added to traditional ERC20 protocol focusing on not being anonymous and allowing reversal of transactions for regulators.

MOBU remains a digital investment bank but the focus has shifted to solving practical issues, thus from security tokens to cheaper payments.  Creating a low transaction scalable blockchain and manually adding merchants is a real problem being addressed.  MOBU has undoubtably acquired a large investor network and will continue to assist great companies to raise capital but in equity.  To date there is no Security token offering worth mentioning and most ICO`s lied about their actual raise.  MOBU intends to integrate their payment solution for the companies they assist in raising capital. Juan Engelbrecht, CEO of MOBU, one of the leaders in the security token space alongside Polymath and Securitize, who was offered a board seat on one of stock exchanges in South Africa called Equity express is of opinion that Security tokens is simply too futuristic for Africa at this stage but innovation is needed to create more efficiency in capital markets.

MOBU – SMART Investment Bank

 It is no secret that Africa lacks access to capital and actually receives less than 1% of global deal flow from Venture Capital funds although it consists of 30% resources and 60% agri land.  Investment banking is a growing trend now and several crowdfunding sites have come to life.  Although they raise small amounts, but it is quite a good supportin strengthening the overall economic conditions.  

The problems with crowdfunding in Africa:
•    Lack of regulation and accountability – Africa, unfortunately is known for corruption and nepotism in a global context.  When considering crowdfunding in Africa, it remains expensive and difficult taking legal action cross border.
•    Longer payment processing time - Cross-border payments can easily take 3-5 working days between banks, making it an administrative nightmare even when escrow accounts are used. If there is a typo error in the payment process, it may not be cleared by central banks and take even longer.
•    Access of fake investors - There are too many scenarios where middle men and marketers get involved with no intention of actually writing a cheque to the entrepreneurs.
•    Not everyone has money - People raising money don`t necessarily have money to pay someone to raise money.

MOBU has tried and tested all the models around the world.  The most common model probably is paying a broker dealer or fundraising partner 30-50k USD upfront to get introduced to 20 odd screened investors with no guarantee of success. MOBU has spent millions of rands to acquire a powerful database of over 20,000 family offices, Venture Capital Funds, Accredited Investors, BD partnerships on performance fee only, etc. to ensure good opportunities are matched with the right investors.  MOBU Invest doesn`t charge any upfront fees but is very selective to which projects they onboard as investment banking is reputational banking.  MOBU takes a success fee which can be waived if the company integrates MOBU payment solution into their business.  Although the initial idea for MOBU was to build a blockchain-based crowdfunding platform, but due to reasons listed above, we believed that raising the funds in private within our network would be more efficient.  The online portal is our gateway to filter opportunities.

It is expected that Africa may be the next China or India in terms of growth, but only time will tell.  One thing is for certain that there are endless opportunities in Africa.

MOBU the Cheapest Payment Solution in the World

Online payments are the future of paying someone for almost everything. Whether it is about returning the debts, buying products or services, online payments are the most convenient way to ensure faster and convenient payments. While many individuals across the world are working on improving the quality and effectiveness of the digital payments, Juan Engelbrecht has come up with a revolutionary digital payment solution that aims to take the process to the next level, with the help of blockchain technology for real-time transfers. The premise behind MOBU is to replace card schemes which is nothing more than information gateways between the issuing bank and acquiring bank. VISA/Mastercard are known for their high GP margins and almost monopoly market. 

Mobu is a one-stop solution for the netigens, looking for the best and most secure online payment method. It allows you to do almost everything that you’d expect from a digital payment gateway like making payments for your online purchases, shopping at the local stores, sent money to another friend, withdrawal at the ATM and a lot more. There is only one person, Yaros Belkin, talking about MOBU scam Juan, which is completely a myth as this is one of the most revolutionary ways to make payments while ensuring security and safety of the sender as well as the receiver, making it a complete solution for digital payments. Yaros was fired for not adhering to job responsibilities and have been trolling the company in fabricated articles ever since. It is a well-known fact that Bitcoin and Ethereum have a scalability issue with bitcoin having 4.6 transactions per second compared to 174 TPS for SWIFT payments. MOBU Version 3 on the other hand can do over 1000 TPS making it scalable and ensuring able to handle high transaction volume. The future of finance is on-the-go for which MOBU has perfectly positioned itself.