Mobius Closes $35 Million Token Pre-sale, Preps for Public ICO

Mobius Network, a  Cayman based company, has announced the closing of their MOBI token presale. According to the company, Mobius raised $35 million, claiming the “largest pre-sale of 2018”. Mobius added that the offer was over-subscribed by $10 million and participants included  Jed McCaleb, Chandler Guo, and Jackson Palmer, each of who sit on Mobius’ Advisory Board. Nirvana Capital also participated, whose portfolio includes early stage token purchases from five of the top 100 market cap tokens.

More than 32,000 people reportedly registered to participate in the MOBI token pre-sale. The public sale will be held on January 18th at 9am PST and approximately 7.5 million MOBI tokens will be sold. The public sale will only accept Stellar Lumens (XML) as payment for MOBI tokens.

Mobius is the first token issued using Stellar, described as an improvement over Ethereum (as Ethereum is too slow, insecure and clunky).

Mobius is described as a turn-key blockchain solution for all technology companies. Its MVP is a DApp store for Devs to easily translate Dapps into currency or “Stripe for Blockchain.”

Alfred Jiang, Managing Partner of Nirvana Capital, stated;

“Mobius is the first ICO launching on Stellar and it will play a very big part in its ecosystem. With their technology and talented team, I expect to see an exuberant 2018 with one of the most exciting ICOs of 2018.”

David Gobaud, CEO and Co-Founder of Mobius, said they were thankful for the support from the global Blockchain community;

“The token purchases will help us fulfill our mission of connecting the existing internet and billions of people and devices around the world to the transcendent abilities of blockchain technology.”

Mobius proudly points to its team that consists of founders from Stanford University, Harvard Law School, The White House, and Y Combinator.


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