What is the Mobius Network
Mobius is a blockchain-based network that aims to drive the technology into the mainstream by providing developers with the ability to create their own decentralized apps (DApps) and oracle systems that connect data streams and everyday applications to the blockchain. Blockchain still has a long way to go before it becomes widely adopted. This is mainly due to the lack of user-friendly applications and tools tied to the technology. Another is that the technology itself and the developer tools used to design and deploy integrated applications are in their infancy, and the current technology is not suitable for scaling on a global level.
However, just like the Internet did not take off until intuitive graphical user interfaces were created, and ecommerce was still a concept of the future until Stripe created a standardize protocol for accepting credit card payments online, blockchain technology see itself at the same stage where it too requires a new wave of tools and features that make it more accessible.
Mobius allows any software developer to become a blockchain developer, giving them the tools to create a new generation of easy to use applications that help bridge the gap between the blockchain technologies and the non tech savvy users who know little about the new technology
In doing so, Mobius will bridge the gap between the 4+ billion internet users and the potential $150 estimated market value of the blockchain revolution, through releasing a series of APIs that effectively give any developer the ability to easily design blockchain based applications that have a use in everyday life, without the need to develop blockchain expertise.
Useful DYOR Information About Mobius
Research’s Date : 15.05.18
CoinMarketCap URL : https://coinmarketcap.com/currencies/mobius/
Coin Name : Mobius (MOBI)
Total Supply : 887,990,859 MOBI
Circulating Supply : 376,657,502 MOBI
Market Cap : $41,733,275 USD
Ico Price : $0.16 USD
Tokens/Money Raised Through ICO : $39,000,000
Time Zone : UTC-08:00
White Paper : https://docsend.com/view/ru9kz86
Token Type : Stellar
How does Mobius work?
The Mobius network comprises of several different components, each one with the capability of disrupting, or at least evolving specific process native to the blockchain and the result crypto market. The components include the Mobius developer tools, the DApp Store, the Smart Market, and the MOBI token that facilitates transactions within the system.
In addition, Mobius protocols also feature cross-blockchain standards to facilitate payments, logins and oracle management through simple APIs and developer frameworks.
The developer tools and APIs
The Mobius APIs and tools are designed to give developer the ability to create their own applications without the need for extensive training, effectively enabling them to connect any application device, or oracle data stream to the blockchain.
The live DApp Store There is still currently no widely used DApp store, much like Google Play or the Apple App Store, where users can go to browse and purchase a majority of the world applications. Mobius will address this issue by developing a universal DApp store that allows every developer to securely distribute and scale cross-blockchain applications for mass adoption from users for all manner of real world applications. The MVP use-case is the company’s live DApp Store already in operation, which is the first step in creating a streamlined method for developers to accept in-app cryptocurrency payments.
Blockchain Smart Markets Protocol
The smart market protocol is Mobius’ initiative to create a seamless, distributed hyper-efficient market places within which data can be compiled by a wide range of data provider, disseminated and monetized through the security of the blockchain. This would increase micro-services between a number of rational programmatic agents; in other words, the Mobius blockchain will offer a decentralized IoT marketplace, the first of its kind, which will provide the necessary data not only for market research, but also for the future of AI applications.
Universal (MOBI) Token Protocol
The platform’s MOBI Token will provide collateral for several processes in the ecosystem. Tokens can be used to represent membership, only allowing those holding an adequate amount of token to access certain levels of membership. This is done through a simple REST API that requires token ownership verification to facilitate login. There are several benefits to this, namely increased anonymity, lower transaction fees, and the potential for a secondary market to develop, which may provide additional value for early adopters.
Universal Governance Protocol
The system uses the proof of stake model that requires participants to stake a certain amount of tokens to be granted the privilege to contribute to the maintenance and growth of the network.
Early adopters and developers will be rewards with tokens as compensation in order to encourage the growth of the network and avoid the chicken and egg scenario where users will not visit the store until more apps are available, but developers are less likely to spend the time developing these apps if there are no users to purchase them.
The amount of reward granted differs depending on a number of factors, related to community feedback. The team has outline (in their white paper) in depth formulas that accurately calculate how much participation is worth, and how many people are required to participate before the system continues to grow organically. Using these formulas the team can adjust the amount of reward depending on how many more/less developers are needed to adequately drive growth of the platform.
Similarly those who provide insufficient, incorrect or corrupt information to the platform will be penalized. This system reduces spams and ensure that all participants contributing in a positive way.
Real world applications
Much like the Stripe system revolutionized online payments by creating a universal interface that accepted all credit card, and debit card payments, the Mobius’s global interface will enable developers to transact with any blockchain token, of which there are at least 850 (at time of publishing), all whilst benefiting from dramatically lower transaction.
Aside from the obvious benefits of creating more fluid transaction between different crypto tokens, the system also facilitate a more streamlined process with which users can exchange in ERC20 game tokens, a process that is currently convoluted and often more hassle than it’s worth.
Further, the DApps built upon the Mobius network will allow users to create their own oracle data feed and monetize this feed. Eg. Famers located throughout a specific region could create an oracle that complies the weather data from each famers plot, and shares this data with users wishing to purchase such information.
In short, much of the team’s efforts have been steered toward developing a network that can progressively decentralize the whole global app economy, whilst giving the power to develop these DApps to those never previously faced with the opportunity.
Social Media Information :
URL : https://www.facebook.com/mobiusnet
Likes : 2091
How Many Posts / Updates In The Last 7 Days : 5 Recent Updates
URL :https://twitter.com/mobius_network
Followers : 9863 Followers
How Many Tweets / Retweets In The Last 7 Days : 12 Recent Retweets/Tweets
Telegram
URL :https://t.me/mobius_network
Users : 11624 Members
Telegram Admins
User Name :Cyrus Khajvandi
User Name :@dgobaud
URL :https://www.reddit.com/r/MobiusNetwork/
Readers :942 Readers
Medium
URL :https://medium.com/mobius-network
Followers :1.5 K Followers
How Many Updates In The Last 7 Days : 3 Recent Updates
URL :https://www.linkedin.com/company/mobiusnetwork/
Followers :148
GitHub
URL :https://www.linkedin.com/company/mobiusnetwork/
How Many Updates In The Last 7 Days :No Recent Updates
Mobius Team Information :
Name :Cyrus S. Khajvandi
Bio : Stanford University, B.S., Biological Sciences, with Honors
Past: Co-Founder & CEO, Incentru
Advisor to Credo & BitBounce.io
Early Adopter of BTC, ETH/C
NSF & HHMI Researcher
Name :David S. Gobaud
Bio : Stanford University, B.S., Computer Science
Harvard Law School, J.D.
Past: Co-Founder, Yoshi
White House
Y Combinato
Extra Links :https://mobius.network/david_gobaud_resume.pdf
Name :Monis Rahman
Bio : Stanford University, Ph.D., Computational & Mathematical Engineering (on leave)
Auction & Market Design, Deep Learning, Big Data
Past: CTO, Next 2 Percent
Purdue, B.S. Computer Engineering
Name :Jack Lee
Title :Advisor
Bio : Founding Managing Partner, HCM Capital (Foxconn Technology Group)
Board Director, Chained Finance
Board Director, FNConn
Board Director, Abra
Name :Jed McCaleb
Title :Advisor
Bio : Co-Founder of Stellar.org
Co-Founder of Ripple
Creator of eDonkey2000
Name :Chandler Guo
Title :Advisor
Bio : Bitcoin and Blockchain Startup Angel
One of China’s Largest Bitcoin Miners
Network of 40+ Exchanges
Name :Jackson Palmer
Title :Advisor
Bio : Creator of Dogecoin
Name :Daniel Cawrey
Title :Advisor
Bio : Co-Founder & CEO Pactum Capital
Company Address : San Francisco, California USA