MOBIUS NETWORK SELLS OUT OF MOBI TOKEN IN TWO HOURS AFTER HITTING $39 MILLION HARD CAP
The First Major Token Built On and Supported by Stellar Also Closed An Additional $1.9 Million in SAFE Investments, Which Included Participation By Waltonchain (WTC)
January 25, 2018, George Town, Grand Cayman — Mobius Network, a turn-key blockchain-enabling data platform, today announced the close of their MOBI token public sale. The token sale was scheduled to close on February 18th, but sold out in just over two hours. The MOBI token allows companies and consumers to exchange data by smart contracts and plug into the blockchain ecosystem. More than 55,000 people registered for the public token sale, which was the first to be built on and supported by Stellar.
“It’s important for us to continue to help push the blockchain community into safer, faster, and more secure protocols,” said David Gobaud, CEO and Co-Founder of Mobius. “Our patent pending technology will have broad implications for businesses being able to operate more efficiently and with greater capability in the blockchain ecosystem. Our successful offering is further validation of our token's real-world utility.”
The MOBI public token sale limited individual buyers to a maximum of 25,000 tokens each in order to ensure as many people could participate as possible and only accepted Stellar Lumens (XLM) as payment. The MOBI pre-sale was the largest of Q4 2017 and of 2018 -- so far -- with over $35 million in sales, and was oversubscribed by an additional $10 million. Mobius also secured $1.9 million in investments via the Y Combinator SAFE (Simple Agreement for Future Equity). Participants included Beijing-based Angel Chain Capital and Waltonchain (WTC), a blockchain project creating a business ecosystem that also participated in the token sale. Waltonchain also has a Top 50 token listed, known as Walton Coin (WTC).
"Mobius’ blockchain software is the perfect synergy to Waltonchain’s hardware expertise in building next generation smart devices," said Dr. Mo Bing, CEO of Waltonchain. "We believe the team and company have a bright future and can help us lead the hardware revolution — creating scalable blockchain solutions and integrating secure smart contracting capabilities on our next generation hardware devices. We look forward to building exciting things together."
Find more information about Mobius here: https://mobius.network/
About Mobius Network
Mobius is a turn-key blockchain solution for all technology companies. Consisting of previous startup founders with backgrounds and experiences from Stanford University, Harvard Law School, The White House, and Y Combinator, Mobius provides stability, security, credibility, and solid framework to a rapidly developing ecosystem. MOBI is the token used by the Mobius Network to reward safe and secure transactions and data sharing throughout the Blockchain economy.
Mobius is based in Grand Cayman.
Waltonchain is the global leader in blockchain + IoT solutions – proposing a perfect commercial ecosystem, integrating the real world, blockchain and RFID. Waltonchain creates an open, safe, decentralized, traceable, tamper-resistant and anti-counterfeit network to interconnect all things, achieve asset digitalization and deliver value. Waltonchain ushers the humanity into the reliable digital life, cooperating on a number of large-scale projects.
Waltonchain has offices in Shenzhen, China, and Seoul, South Korea. Find out more here: https://www.waltonchain.org