Mobius raised $39 million during the ICO on the basis of the blockchain Stellar

January 28, 2018

Mobius raised $39 million during the ICO on the basis of the blockchain Stellar

Mobius raised $39 million during the ICO on the basis of the blockchain Stellar

Working at Stellar technology platform smart contracts Mobius Network in just two hours and collected $39 million during the initial distribution of the coins (ICO).

The main feature of licensee, is that it happened on the basis of the Stellar Network. To buy MOBI tokens are accepted for payment only cryptocurrency Stellar Lumens (XLM). During the ICO, the project distributed among the participants 35% of total emissions, which amounts to 888 million tokens MOBI.

As noted on the project site, the platform Mobius Network to use the smart contracts Stellar to conduct micropayments between market participants in real time.

Commenting on the results of licensee, co-founder and President of Mobius Network David Gobos noted that the Stellar network have been selected due to the fact that bitcoin and Ethereum are still experiencing serious problems with scaling.

Stellar platform established in early 2014 by Ripple co-founder jed Machalaba and is designed to handle large volumes of transactions in real-time. Platform Protocol-level support purses with the function of multipurpose and provides a high security storage means.

Apparently, the successful tocancel Mobius Network contributed to significant increases in the demand for tokens XLM. Thus, according to Coinmarketcap, over the last seven days weighted average price of the cryptocurrency Stellar has grown by almost 20%: