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Users have shifted from first and second generation cryptocurrencies and are now focusing on the third generation ecosystems that have increased functionalities and guaranteed consumer satisfaction. Speed, accuracy, dependability, affordability are what you should look for in a cryptocurrency; forget the big names.
Mobius announced Thursday that it has raised $39 million in the ICO — one of the larger recent token sales and the largest by far on the Stellar platform. The company accepted only Stellar's native currency, lumens (XLM), in exchange for its own token, known as mobi.
But what's perhaps most striking about the sale was the choice of blockchain.
It is not easy for some coins to allow you to ride on their ecosystem to run your own ICO; however, with Stellar you are free to do so. They go the extra mile to ensure access their easy to use platform. This is fast enough and you do not need to be tech savvy to have your custom ICO up and running. The platform is cheap and you can launch your coin on their system.
Mobius offer almost zero transaction fees for a system built on a live SCP. SCP systems are known as the most efficient, functional and secure in the cryptocurrency world. This could possibly explain the reason why IBM divorced Ethereum due to its system flaws.
As much as people talk about Ethereum smart contracts, Mobius also used similar contracts but their platform is affordable, fast, secure and scalable at the same time. this is the reason why small and big enterprises are embracing the Mobius technology without worrying about any external threats.
Given the functionalities and price of building other applications on the Stellar ecosystem, the rate of adoption will continue to rise while thus creating value for XLM. Big investors are setting camp on the ecosystem because it adds value to their processes and makes the cost of doing business manageable. This is a sign of a platform that is focused consumer needs and anticipates to solve problems other competitor platforms are facing well in advance.
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