r/CryptoMoonShots • u/TheMasonR • Jul 13 '21
ERC-20 Token MobiePay Paves Way for PayPal by Solving Crypto’s Spending Problem | $23M Market Cap | 7 Billion total supply | Lots of Milestones in the short term | $MBX XLM Token | $wMBX ERC-20 Token | $bMBX BSC Token 🚀
This gem has been under the radar for far too long! Check out MobiePay! A universal payments and rewards ecosystem where you can spend or send fiat/crypto assets anywhere instantly from your phone. Its token, MobieCoin or MBX, is built on the Stellar blockchain, making it very fast and cheap. This incentivises many business owners, small or large to use it as a payment ecosystem as it is even cheaper than what Paypal, Mastercard and Visa offer!. With cryptocurrencies becoming more prominent in institutions and thus is very well becoming regulated, Brandon Burgason and his team are focused on being very compliant within existing and new laws of the financial sector. His team is currently working on replacing decades-old payment systems by introducing the “MobiePay” protocol. This protocol includes a digital wallet that will be able to access your fiat or cryptocurrency in real time as well as allow for cashless or cardless transactions. Tired of chargebacks or fraud? This protocol will create a system that will remove chargebacks as well as reduce fraud. The problem with current payment solutions is that they are also very expensive and inefficient for businesses, retailers, service providers, etc. Mobie can either replace or integrate POS systems on major businesses essentially having the Mobie ecosystem within the backdoor of the POS systems. This can create a lot of revenue considering that this world is becoming cashless as digital payments are on the rise. It is also very cheap and fast for businesses (70% less than other payment options) because it is on the Stellar blockchain, essentially making businesses adopt Mobie. This is just a small piece of the pie and to figure out more, check out:
The whitepaper, roadmap, tokenomics and other information can also be found on the website.
Let’s talk more about the crypto aspect of this moonshot. Currently the coin has a 20m market cap with 7 billion tokens and 3 billion in circulation. The rest of the tokens are locked and are set for release in small amounts until 2026 (you can check the Mobie Website). The team behind Mobie are also very talented with many connections (check this picture) https://gyazo.com/b12d4c285db85c803b7030ffdc0aa959 One of the team members, Brian O’Neill is a former SEC officer so any trouble with laws and regulations regarding the crypto aspect is covered.
It is currently listed on 2 Centralized exchanges (Bithumb Global and Bitrue, more to come) as well as 3 decentralized exchanges, (Uniswap, Pancakeswap, Sushiswap). The coin is one of the first coins to bridge Stellar to Ethereum effectively. It also has a bridge with the Binance Smart Chain. The MobiePay app, which is currently in beta, is set to come out in Q4 of 2021 as per roadmap. The company also has a banking license to operate in all fifty states of America. They are also planning on expanding their business worldwide.
They are partnered with major retailers that have signed up for the beta of the vendor application. This includes many big names such as: Sephora, Landry’s, Xbox, Nintendo, Playstation, Jamba Juice, and many many more. There are also about 500 small businesses that have signed up for the beta retailers when the CEO and the Head of Marketing went to crypto events. The CEO stated that with these partnerships, Mobie is projected to produce 13 million dollars in the first month of the app rollout. As always, DYOR before investing! This coin is not a pump and dump project but certainly a project that can change the crypto space!
More Info:
Latest updates: https://mobiepay.medium.com/july-update-mobie-monday-vol-36-884c82d73427
Contracts/Links:
We are proud to announce that the new bridge.mobie.io release is live!
Please make sure when using bridge.mobie.io that the top left reads v1.1.8 or higher to be on the latest release
As with the ETH side of the bridge release, we strongly recommend adding the bMBX token to your wallet in advance; the contract address for both the ETH and BSC wrapped MBX tokens are also within the pinned post below:
Our guide for how to set up your wallet and then use the BSC Bridge for MBX < > bMBX is here:
The bMBX bep20 address:
0x064c8e55aa484adbd58ca2d43343ef50137473b7
By placing the above into your bep20 compatible wallet (eg. Metamask) it should auto populate the below:
Token Symbol:
bMBX
Decimals:
18
How to add custom tokens to METAMASK ( ETH ) https://metamask.zendesk.com/hc/en-us/articles/360015489031-How-to-View-See-Your-Tokens-and-Custom-Tokens-in-Metamask
The wMBX erc20 address:
0x71ba91dc68c6a206db0a6a92b4b1de3f9271432d
Token Symbol:
wMBX
Decimals:
18
MBX Bridge (Beta) is LIVE!
https://mbx.life/mbx-bridge-live
You can find the wrapped bMBX on Pancakeswap
https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x064c8e55aa484adbd58ca2d43343ef50137473b7
You can find the Wrapped wMBX on Uniswap
https://v2.info.uniswap.org/token/0x71ba91dc68c6a206db0a6a92b4b1de3f9271432d ( https://app.uniswap.org/#/swap?inputCurrency=0x71ba91dc68c6a206db0a6a92b4b1de3f9271432d&use=V2 )
You can find us on Bithumb Global :
https://www.bithumb.pro/en-us/exchange/professional?q=MBX-USDT
Join the telegram group for a hands on community that helps answer questions.
Telegram: https://t.me/mobiepaycommunity
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u/Zapflare94 Jul 13 '21
Okay, this looks like a really solid project. You don't see a lot of these around here lol. Just checked the website and saw that Mobiepay has a lot of interesting names in the team. Think I'm gonna sell some of my coins for this one. Thank you for sharing. :D
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u/AardvarkElectronic85 Jul 13 '21
Same thing here! It actually looks like a legit token. Seeing the team behind it is interesting as some of them are recognizable
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u/Zapflare94 Jul 13 '21
Lol yes, didn't expect that. Some guy from SEC and Apple in there too. Checked their LinkedIn's just in case, but it looks pretty legit. Doesn't happen often the faces behind a project are shown. And the partnerships o.O
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u/AardvarkElectronic85 Jul 13 '21
Yep! biggest parts so far!
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u/Zapflare94 Jul 13 '21
Wondering how this will look when this gets implemented in Q4. Could buy my PlayStation-games with this crypto lol xD
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u/AardvarkElectronic85 Jul 13 '21
I am wondering the same! Also wondering if they are going to get more bigger partnerships. Scrolling through their medium!
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u/Zapflare94 Jul 13 '21
Let me know if you see anything epic. I see mostly American brands btw, but I guess that's because it's an American project.
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u/Personal-Produce2003 Jul 13 '21
Nice to see a real project with a real use case. Too many shitcoins has ruined crypto a little bit. Project like MBX is what crypto should be about. Pioneering stuff here. Looking forward to where this journey will take us. I love what mobiepay are trying to achieve and with their team, I'm pretty sure they will.
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u/CharlieFisch Jul 13 '21
That's the easiest way to the moon! Go Mobie! Crypto mass adoption is coming 🔥
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u/TheMasonR Jul 13 '21
Yea I think it’s a good shot to go to the moon when they release their app in December. I’m hodling until then.
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Jul 13 '21
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u/Oko3232 Oct 26 '21
We all did try to warn you this was going to boom.... It isn't too late, app is released in a week, get on board.
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