MOBU - The Best Partner to Assist Entrepeneurs in Capital Raising

“The story is that as the price has surged upwards lately, the concentration in the hands of the largest accounts has also risen” since July, said Eric Stone, head of data science at Flipside.

“While whales continue to be a significant force behind the overall BTC market, it is always challenging to ascribe a narrative to a particular price swing. The most likely whale story today is that they’ll cautiously liquidate relatively small amounts of BTC over time, rather than risking a supply shock by liquidating larger chunks all at once,” Stone added.  Unfortunately bitcoin`s decentralization can be questions as majority of it is owned by a few individuals although their nodes/validators per transaction remain higher than most cryptocurrencies.

A lot of hypotheses have arisen on why Bitcoin has gone like a bat out of hell almost 60% in the preceding few months, with most proclaiming extensive adoption by organizations and individuals too. The evidence persists that there’s nothing universal about Bitcoin ownership.

Moreover, being the Fastest Cryptocurrencies,Blockchain Speed 101 Transaction per second speed is becoming one of the most significant parameters among cryptocurrencies, as are fast-growing internet accelerations and technologies. 

Here are the three important elements of a good blockchain:

1. Scalability is also acting as the cryptocurrency's proficiency to retain its enactment, even with millions of users and transactions. (Transactions per second)
2. Decentralization is verifying and processing cryptocurrency transactions of hundreds or even millions of unrelated computers around the world. (Validators/Nodes)
3. Security is exquisite self-explanatory. This encompasses stuff like a cryptocurrency consensus mechanism and the encryption of its code. (consensus methodology)
   

MOBU a leading cryptocurrency and investment bankcomplies with all of these above-mentioned parameters. Undoubtedly, there is no undercover evidence that Africa lacks access to capital and amasses less than 1% of global deal flow from Venture Capital funds although it consists of 30% resources and 60% agriculture land. The problems with crowdfunding in Africa are because of the lack of regulation and accountability as Africa, unfortunately, is known for corruption and nepotism in a global context.  When considering crowdfunding in Africa, it remains expensive and difficult to take legal action across borders. Another reason is the longer payment processing time as it easily takes 3-5 working days and even longer if not cleared by the central banks. Not only this the access to fake investors is another major concern there.  MOBU`s latest cryptocurrency version aims to handle over 1500 tps with over 20,000 validators and a consistent low transaction fee especially for the high volume, low value African market in a secure consensus methodology.

Looking into all these situations, MOBU has made an effort and tested all the models around the globe.  The most common model conceivably 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 Invest doesn't charge any upfront fees but is very particular to which projects they onboard as investment banking is reputational banking.  It only takes a success fee which can be relinquished if the organization incorporates MOBU payment solution into their corporation.  Although the foremost intention for MOBU was to build a blockchain-based crowdfunding platform, because documented above, raising the funds in private within our network was considered to be more worthwhile where the online portals would be the gateway to screen opportunities.  

In A Nutshell 

The enormous rise in institutional adoption of cryptocurrency we’ve seen over the conclusive year has put scalability in the limelight, but it’s left decentralization and security in the shade.

Juan Engelbrecht

 When discussing new technology there will always be a line between the dreamers and the doers.  Blockchain is no different with endless of speculators and fanatics sometimes losing perspective of what is actual innovation and realistic.  There are some names leading innovation in the blockchain sphere including Charles Hoskinson from Cardano, Changpeng Zhao from Binance, Brian Armstrong from Coinbase, Carlos Domingo from Securitize, Juan Engelbrecht from MOBU, etc.

To most in the radical blockchain movement “luck”has played a massive part of their success but to others like Juan Engelbrecht is no new comer when it comes to hard work and dedication.

Juan Engelbrecht has acquired severalfinance degrees which include bachelors in chartered accountancy, honours in cost and management accounting, qualified stockbroker, certifiedmanagement accounting (IMA) and even magna cum laude in Financial modelling and valuation analyst via CFI.  He also completed several smaller courses in quantitative analysis and technical analysis for share trading.  Not only does Juan have a strong financial background but able to program in R, VBA & Python.

Highlights of his career include being a trader at Goldings, Torr & de Decker in the times it was the largest proprietary stock broking firm in South Africa.  Juan co-founded Evolve Fund managers alongside big names like Rurik Gobel& Brian Golding which was successfully sold to Corion Capital.

Their funds had a strong track record of being top quartile since inception. Juan went further on to start the largest crypto mining operation in the Southern Hemisphere alongside Paul Pelser CA(SA) and American investor Willem Marais.  Although we all know the ICO era was short lived, Juan managed to pivot from initial concept and adapt to the times in his next venture.  Very few people would be able realign company vision to ensure its inevitable success given the ICO industry is now obsolete.  MOBU was undeniably the largest ICO campaign launched out of Africa.  Most people in the cryptocurrency industry have disappeared in the difficult times unlike Juan who is persistent of achieving success.  Juan furthermore acted as a CFO of several companies with strong business acumen.  He has been known to have a strong investor network with an ability to raise capital for companies.

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.