News > Announcement > Listing MOBU token :July 15th

Dear Cielo Users,


We will list MOBU (MOBU) on our digital asset platform on July 20, 2020 6:00 AM UTC. The following trading pairs will be available: MOBU/USDT, MOBU/ETH. 


Maintenance period: 1:00 AM to 6:00 AM (UTC) at July 20,2020 6:00 AM (UTC).

We will list MOBU (MOBU) on our digital asset platform after the maintenance above.


About MOBU


Ticker: MOBU 

Token type: ERC20 

ICO Token Price: 1 MOBU = 0.15 USD

Total Tokens: 150,000,000

Withdrawal limit: Over 3333 MOBU 


Video for 3 Prototypes:

https://www.youtube.com/watch?v=m2dWKy6B0Ac


https://www.youtube.com/watch?v=S0HpSFC_4dE&t=30s


https://www.youtube.com/watch?v=UFtQ3XHYWhA


We are making this decision according to Cielo Listing Criteria and the local rules and regulations in areas where we operate. We have been strictly enforcing our listing criteria to make sure that the projects we introduce to all Cielo users are secure, compliant, and innovative. We are persuaded that MOBU meets these criteria of Cielo. We also took tremendous time and effort to develop our own compliance review system to make sure that our listings of certain tokens/coins do not run afoul of local laws. Our compliance team prudently reviewed all the materials we were provided on a case-by-case basis and reported that MOBU is structured and promoted as “Utility Token”, and therefore, should be not categorized as “Security”. We finally decided that listing MOBU is in compliance with local rules and regulations in areas where we operate.


Meanwhile, any inquiries, concerns, and questions with regard to our listing decision, either from authorities, social organizations, or individual users, are sincerely welcome, and we will revisit our listing process on a fully-informed basis.


ATTENTION: This announcement is only intended to be a legal disclosure to Cielo users. This is not investment advice, or an endorsement by Cielo as to the intrinsic value of a digital asset, or a commitment by Cielo team to support any specific asset/token that the announcement pertains to.


Cielo Team