Mobius Network Secures $500K Investment from Camp One Ventures
Blockchain startup Mobius Network has received a $500,000 investment from Camp One Ventures, a Silicon Valley-based venture capital firm. Mobius Network is aiming to raise $39 million through an initial coin offering (ICO) of its MOBI token, which begins today and will run until December 22.
Mobius aims to integrate the old Internet with the new decentralized Internet of Value. The company is seeking to close the gap between the Internet world and blockchain through innovative and simple protocols that introduce new standards for cross-blockchain log-in, payment, governance, and oracles.
The company 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. Via the API, existing web properties, apps, devices, and data streams will be able to integrate and accept any blockchain token. Mobius manages security by requiring SSL (Secure Sockets Layer) and AES-256 bit encryption throughout the entire Mobius network, as well as integrating cold storage multi-signature wallets.
“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, said Mobius CEO and co-founder David Gobaud. “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”
