MOBU CEO, Mr. Juan Engelbrecht

Every success story begins with scratch, and starting a business is nothing more than a roller coaster trip that every entrepreneur must go through, whether or not he loves it. Following a similar approach, MOBU CEO, Mr. Juan Engelbrecht, launched a digital Investment bank with an aim of real-timelow costpayments shifting its focus from security tokens.

Today, MOBU has racked up a sizable investor network and intends to integrate its payment system for businesses, where they continue to assist outstanding enterprises in raising Capital in the form of stock, as there has been no significant security token offer and the latter has proven to create more inefficiencies in capital markets than solve any problem. MOBU now stood Africa’s largest initial coin offering undertaking. Since the crypto market is at a low point and transaction expenses are rising, the focus here is on enhancing the market’s speed, scalability and transaction fees.

Every transaction is carried out in the form of blocks on a peer-to-peer network; direct transmission and verification are feasible, eliminating the need for mediators. Direct money transfers are possible because of the blockchain, which allows transactions that would normally take days to complete to be completed in minutes. Mobu latest upgrade intend to handle over 1500 transactions per second and use of lightning network with no stipulation code.

The notion as a whole can be coerced, but the precepts are straightforward. Blockchain is an explicit type of database that uniquely caches data, in the form of blocks. When contradicted to a traditional database, the data in a blockchain is arranged differently. Whenever any contemporary data arrives, a new block is induced transmitting a chunk of new data which is further amalgamated and put into the chain. This develops a virtual chain of blocks, which is cited to as a “blockchain”.

MOBU`s focus creeps to become the perfect monetary exchange of value in the world while everyone looks forward to their revolutionary product. The MOBU utility token is the primary financial unit and driving force behind the whole MOBU biological system or commercial centre. The MOBU utility token is the fuel that resolves the whole ecosystem, including the following important highlights:

● Without marking MOBU tokens, no specialised organisation will be able to make a profit.

● An airdrop and reward scheme that returns charges to MOBU token holders would enhance client inclusion.

● To increase the scarcity, MOBU tokens will be burnt every quarter creating the opposite effect of quantitative easing

●MOBU has been integrated into several businesses and discounts will be offered when paying in this way.

Why Should Financial Supporters Reinvest Into MOBU?

The definitive explanation will be given by taking a look at the organization’s interpretations and intuition. MOBU token is getting a handle on the contemplation of merchandisers and has amassed good sums of holders. As the alliance is innovation based all the exchanges are done through an automated stage making it effectively accessible to its patrons. The MOBU token has the likelihood to become the currency of Africa as it has all traits of a perfect exchange of monetary value catering for high volume and low value transacting.  Africa remains an unbanked population of 66% with an average cross border transaction of 16% clearly a problem being addressed.

MOBU - Cheapest Payment Solution

 MOBU’s CEO Juan Engelbrecht introduced his way to deal with an in an upward direction coordinated monetary administrations business involving a protections issuance stage, a protections trade, and an advanced financial arrangement at the Tokyo FinTech Meetup on June 4, 2019, and in the process shared some significant experiences on the condition of the monetary administration's area in Africa.

MOBU is a decentralized stage and end-to-end answer for ICOs to dispatch agreeable security tokens on the blockchain. The MOBU utility token is the fundamental financial unit and main thrust behind the whole MOBU biological system/commercial center. The MOBU utility token is the fuel that resolution the entire environment with the accompanying key highlights:

1. No specialist organization will actually want to create income without marking MOBU tokens.

2. Client inclusion will be improved by an airdrop program with charges back to MOBU token holders.

3. MOBU tokens will be burned each quarter to expand the shortage.

4. A reliability program of lower exchanging expenses will be presented when holding MOBU tokens in your record.

While worldwide funding speculations surpass USD 100bn, Africa gets under 1% of this arrangement stream. 34% of the grown-up African populace is unbanked, making up an enormous piece of the world's unbanked populace. So the second biggest mainland, with 1.3bn individuals of which 950m are cell phone supporters, is horrendously underserved. Likewise, because of unpredictable, confined, and imploding monetary standards, Bitcoin as a store of significant worth has consistently acquired acknowledgment, with Nigeria, Kenya, and South Africa having the third, fifth, and 6th most elevated number of Bitcoin holders per capita individually.

MOBU introduces itself as the lone market arrangement incorporating novel escrow benefits, a lockup utility for tokens (so guarantors get the assets just after some time, against the conveyance of achievements of the venture), financial backer record entryways, a crypto installment arrangement with fiat-crypto on-/exit ramps, and an advanced protections trade permit. Now, MOBU depends on an appropriation of the ERC20 token, the MOB20 convention, that incorporates extra highlights like providing food for corporate activities. MOBU intends to upgrade their current token to new improved blockchain that may be up to 20x faster than swift in terms of transactions per second and scalability.

Given its first-mover advantage, as the primary African trade with a stock trade permit, a security merchant permit, and a resource the executives permit, and an all-around arranged CEO sourcing posting manages an emphasis on the items and mining ventures, MOBU projects EBITDA of about USD 5m in 2020, expanding to over USD 100m by 2024.

MOBU token has been listed on one of the renowned exchanges of Japan, CIELO in July 2020, this exchange is owned by one of the biggest gaming companies named Asibimo. All out tokens of MOBU on Cielo supply is 150,000,000 and the withdrawal limit is over 3333 MOBU. As per Cielo Listing Criteria and the neighborhood rules and guidelines in regions where they work, they have been stringently implementing the posting measures to ensure that the activities acquainted with all Cielo clients are secure, agreeable, and inventive. They are convinced that MOBU meets these measures of Cielo, considering the colossal time, and exertion to foster their own consistent audit framework to ensure that the postings of specific tokens/coins don't cross paths with neighborhood laws. The consistency group wisely audited every one of the materials was given dependent upon the situation and revealed that MOBU is organized and advanced as "Utility Token", and subsequently, ought to be not classified as "Security". So, the exchange finally concluded that posting MOBU is consistent with neighborhood rules and guidelines in regions where they work.  MOBU intends to list on more exchanges in 2022 and already have several companies using it as primary payment method.

All in all, presently the inquiry emerges as that why the financial backers ought to put resources into MOBU?

The ideal answer will be given by taking a gander at the organization's arrangements and vision. MOBU token is getting a handle on the consideration of retailers and has acquired good quantities of holders. As, the organization is innovation-based all the exchanges are done through a computerized stage making it effectively open to its clients.  The MOBU token has the possibility to become the currency of Africa as it has all the attributes of a perfect exchange of monetary value.

 

 

Mobu - Fast. Secure.Low Transaction Fees

 The concept as a whole can be intimidating, but the principles are straightforward. Blockchain is a specific type of database that uniquely stores data, in the form of blocks. When opposed to a traditional database, the data in a blockchain is arranged differently. Whenever any new information arrives, a new block is generated carrying a piece of new information which is further combined and added to the chain. This creates a virtual chain of blocks, which is referred to as a "blockchain."

Every success story starts from failures, budding business is nothing but a rollercoaster ride that an entrepreneur has to go through even if he enjoys it or not. Following the same path, Mr. Juan Engelbrecht the CEO of MOBU introduced a digital investment bank with an aim of affordable payments shifting its focus from security tokens.  Juan, a former fund manager, that passion for capital markets started as early as at the age of fifteen with the purchase of his first shares in Didata.

MOBU has amassed an impressive investor network and plans to incorporate their payment system for the businesses where they will continue to support exceptional firms in raising financing in the form of equity as there has been no notable security token offering. Most ICOs had misled about their actual raise. Juan believes that security tokens are ahead of their time in Africa as of now; many innovations are required to make a stable consistency in the market as compared to a country like the US. Even though the ICO era was short-lived, Juan was able to pivot from his original concept and adapt to the changing times amending the company vision. Given that the ICO sector is now obsolete, only a few people would be able to realign the company's strategy to secure its ultimate success. MOBU was the largest initial coin offering ever undertaken in Africa. As the market of crypto is running low and transaction fees are up so the focus here lies on the speed and the transaction fee to improve the market.

Every transaction is in the form of blocks and takes place on a peer-to-peer network; direct transmission and verification are possible, removing the need for middlemen. The blockchain allows for direct money transfers, allowing transactions that would ordinarily take days to complete to be accomplished in minutes. MOBU being a digital investment bank has worked a lot on the concept they are working on to improve pricing factors as Juan's security tokens were initially based on ERC20 and his knowledge in this field is accurate because of his financial background and interest in the crypto market.  He soon noticed that both ETH & BTC`s transaction fees become unfeasibly high in times of congestion and made revolutionary improvements with their latest version of the MOBU cryptocurrency.  There are plenty of scam in any new industry but clearly MOBU has showed progress, development and remains in the market to inevitably succeed.

Juan was former fund manager at Evolve with funds that had a solid track record of being in the top quartile and hefurthermore was the one who went on to co-found the largest crypto mining enterprise in the Southern Hemisphere along with his partners Paul Pelser CA (SA) and Willem Marais, an American investor. Despite the volatility in the market of cryptocurrency many influencers have been vanished away, but Juan was the one who stayed committed to his goal of success and served as the CFO of various organizations, demonstrating his tremendous commercial acumen.

Crypto tokens are a tangible demonstration of Blockchain's security, and they cannot be hacked, faked, or double-spent meaning the same bitcoin can't be spent twice. It becomes exceedingly difficult to manipulate the database by distributing the data across the entire network rather than storing it in a single location. Even if some machines in the network are destroyed, physically tampering with more than 51% of the computers in the network is essentially unfeasible, especially for a network the size of Crypto.

MOBU`s focus remains to become the cheapest payment solution in the world and we look forward to their revolutionary product.