Mobius Network Announces $500,000 Investment from Camp One Ventures Prior to ICO

Mobius Network has announced Camp One Ventures, a Silicon Valley based Venture Capital firm, has backed the company with a $500,000 investment. This announcement comes just prior to the public Initial Coin Offering (ICO) which kicks off tomorrow (November 22nd). The token pre-sale (MOBI) is ongoing for 5% of the token allocations.

Mobius is described as a “turn-key blockchain-enabling platform” using patent-pending technology. Mobius offers a range of products, including a free, universal API that allows non-blockchain developers to easily connect resources to smart contracts and the blockchain ecosystem. Existing web properties, apps, devices, and data streams can utilize the API to integrate and accept any blockchain token.

Robert Claassen, Principal, Camp One Ventures, commented on the investment in Mobius;

“We are very excited to be part of the Mobius project. We believe that Mobius has one of the strongest teams in the crypto market, and is solving some key roadblocks to widespread cryptocurrency adoption.”

Mobius reports that 13,000 people have currently registered for the MOBI token pre-sale. Mobius explains that tech companies that accept the MOBI token for payment are featured in the Mobius DApp Store and gain access to transaction speeds of 1,000+ TPS with fees of $0.0000025, compared to Ethereum’s ~7 TPS and fees greater than $0.30. Mobius’ team consists of previous startup founders with backgrounds and experiences from Stanford University in computer science, Harvard Law School, and Y Combinator along with an experienced team of advisors including the cofounder of Stellar and Ripple.

“We’re very excited to be working with Camp One Ventures, who share our vision of making blockchain accessible to all people,” said David Gobaud, CEO and Co-Founder of Mobius. “With this investment and the proceeds from the token sale, we are making the blockchain economy more secure from hacks, and finally allowing consumer-facing apps to use various cryptocurrencies with much cheaper and faster transactions. The consumer benefits, while content creators are free to create the products and services they want outside of the Apple and Google app store duopoly”

 

 


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