Founder of Private Business Club | CEO of ZELWIN | Co-Founder Davos Events | Advisor - Rated Top 3 people in Blockchain
Regulators are beginning to take on the ICO industry head-first. Their message is clear; if it walks like a security and talks like a security, then it is a security and it will be regulated. The ICOs that take this message seriously will reap big benefits. An excellent example MOBU a securities-focused ICO platform. Mobu has adapted ERC-20 into a new token standard called MOB20. Tokens that use the MOB20 standard can be restricted so they are only tradeable to verified addresses. This means that the tokens can automatically restrict themselves to only be traded to accredited investors and comply with lockup periods. To determine who is an accredited investor, the Mobu platform has a marketplace to compliment their MOB20 standard. This marketplace will be populated by KYC providers. These are individuals or companies that offer customer identification services for a fee. Investors wanting to buy MOB20 security tokens can search the marketplace for a KYC provider to accredit them. It’s up to the providers to choose the process and requirements. The Mobu platform makes regulatory compliance as easy as selecting the required built-in token restrictions and purchasing KYC and AML checks from the providers already on the platform. https://mobu.io
Can you help me understand what makes the MOB20 standard different to say Polymath's ST20 standard?
Security token should apply securities regulation. No need to sell only to accredited investors if has approval to general public. But, limiting to only some selected address, lock up of the address, will degrade the strengths of Blockchain platform. Why don't they only apply to Traditional capital market? So, maybe, the regulations for Securities should be revised to apply Blockchain Technology Platform
i only have 3 letter for you #NEX or neon exchange, main #coinbase competitor
Great!
Interesting post Nikolay Shkilev I suspect this is not to far away in the near distance future.
Interested to learn more as I am thinking this kind Nikolay Shkilev
Really interested in this project (being a polymath hodler) Wish I was an accredited investor!! Are you in need of any consulting?
I want more info Nikolay Shkilev. Get one of the team to pop a message if you can. Identity is one of the main infrastructures needed.
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