AMA

AMA Recap: MOBIUS FINANCE x TAG Ventures (English)

On the 08th of May, TAG community has a Telegram AMA with MOBIUS FINANCE

At the AMA, Pedro Torres is CEO of MOBIUS FINANCE and introduce and share many Interesting information about MOBIUS FINANCE.

And here are the key takeaways of the AMA:

Tag: The AMA would be happened as follows

  • Segment 1: Greeting and introduction.
  • Segment 2: Answer the closed questions from Twitter (5questions)
  • Segment 3: Live Q&A session (5 questions)

Tag: 

For starting AMA, we would like to know about team and your project via Segment 1: Warm up

First, could you please introduce your team and Mobius?

MOBIUS FINANCEI’m the CEO of Mobius, we have an international team composed from the US, Europe, China and Latinamerica

We all come from various backgrounds, mainly tech oriented, but we also have an economist in our team, as well as other expertise

We’ve been working on Mobius Finance hard for the past year

It was hard work coordinating an international team during the global pandemic, which I hope will end as soon as possible

But we made it, we built a strong protocol that will soon launch, and we want to give the opportunity to everyone to participate

 And take control of it, Mobius Finance aims to be the best decentralized market for derivatives, I admit, derivatives are not simple, but will be the future

If I were to ask anyone what is the biggest market out there, a lot of people would think it is the stock market, but it is not, that’s just the most popular one

The biggest market is the derivatives market, which is 10x time the total size of the stock market

Just to give you an idea, the entire cryptocurrency market is worth less than 17% of the global derivatives market

Tag: And then, could you tell us what are the competitive advantages of Mobius compared to other projects?

MOBIUS FINANCE: We’re built with 6 pillars in mind

This will give us an advantage over everyone else

Layer-2 Ethereum
Multi-collateral
Multiple incentives
Auction clearing pool
Automatic Debt Balancing
Quote-driven markets

Mobius will be design with layer-2 in mind. The truth is, if you want to launch a product today, you cannot repeat what other people are doing, we need to innovate

ETH layer-2 will be really soon ready, and we will be one of the most important products available

Layer-2 will change the panoramic game of ETH in lots of way people dont imagine

We have multi-collateral, initially we will support ETH, DAI and the Mobius Token ($MOT), with more assets to come, and they can be proposed as well by the community, the $MOT will also serve as a governance token

Only 100 million of them will be create, ever

And this amount will decrease overtime when we start the burning mechanism

rewarding only the earliest of supporters

We will hold multiple incentives, liquidity mining, we will have a token buy-back program, token burning, among others

This will also help us to keep our token at a healthy price

With our ADB, we will solve the global debt-problem that’s a current problem in the Synthetics application

Quote-driven markets will allow us to have unlimited liquidity, no more impermanent losses

Hope that clears things for everyone!

Tag: Now please share with us some new upcoming events, as well as big partners Mobius has been working with during its development period.

MOBIUS FINANCE: I would like to remind everyone

That we will make all official announcements on our channel

I will answer all the questions I can tonight here

but if your questions is not selected

You are more than welcome to stop by our telegram group

We will find the time for you

Right now, our project is mostly completed, this is why in the next 30 days, we will hold our IDO

Only a limited amount of people will be able to join

We’ll be hosting a number of AMAs, and we will soon announce partnerships with two of the biggest blockchain protocols out there

We have also recieved investment from 2 of the top crypto exchanges

the goal now is to inform the community of what we are doing, so they have the opportunity to participate in the future

To continue, we turn to Segment 2: Answer the selected Twitter questions.

First of all, I would like to say thank you to Tag’s members who have sent many questions about Mobius to us.

Tag: Question 1:
Is there any space for holders? What benefits can i get if i hold $MOT token? There has a voting system for $MOT holders. How it works? Can you give me all kind of information about it?

MOBIUS FINANCE: Yes, of course there is space for people who believe in long term

Our goal is to create the protocol, growth it within a year, and for next summer people will have 100% control of it

We build, the token holders control                                                   

$MOT holders will be able to participate in the governance

They will be able to vote, and create proporsals

Like I said, only 100 millions will be created, and this amount will go down

The $MOT token will also serve as a collaterized token, which users will be able to use to mint moUSD

the Mobius Finance stable currency in order to enter or exit positions

Tag: And the next question is:
In my opinion, only getting investors and holders are not enough. A project needs to solve a real world issue or a real world problem. What plans do you have plans with them?

MOBIUS FINANCE: Mobius Finance will aim to solve the global debt problem that is a problem in the synths market

We are also creating a product for expert traders

Remember, whales and other traditional finance players have complicated strategies which consist on more than just buying the asset

Tag: And the 3rd question is:
Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some reasons why they should buy and hold your token in the long term?

MOBIUS FINANCE: Everyone care about profits!

That’s why Mobius will implement a buy-back and token burning program

To reward early participants

I’m creating a product which people will be able to have 100% control by next summer

token holders will be able to control this powerful protocol

and the future of one of the most powerful platforms in DeFi

We will have other incentives as well, such as liquidity mining, and also our ADB algorithm will incentive people to hold open positions

Tag: Let’s move to 4th question:
I would like to know more describely about your IDO/TGE. When this is going to happen?

MOBIUS FINANCE: We are building strong partnerships and securing a top tier IDO platform

Our IDO will take place within 30 days

Make sure to follow our channel so you are not left out

Only a selected amount of people will be able to take control of the protocol

Tag: And the last question for this segment is:
I’m curious about the reason why you choose the name “Mobius” for this project. What does it mean for you and why did you choose that name for your project?

MOBIUS FINANCEMobius Finance comes from the Mobius Strip

Which represents a one surface dimension on a 3 dimensional space

This represents our ability to have infinite liquidity, and zero slippeage

Tag: We have just finished segment 2 of today’s AMA session, thanks Mr. @Corfucinas
for the great news. I’m sure members here have lots of useful informations.

Now we turn to Segment 3: Live Q&A session (5 questions)
At this segment, I will open the chat a few minutes to receive the questions. Let pick your favorite ones when the chat’s closed

Tag: Can you tell us a little about the Tokenomics of the project? I think it could give transparency and build trust to new users.

MOBIUS FINANCE: All of our information is available on our whitepaper which you can find here

Like I’ve mentioned, it will be an utility token, and a governance token

This means that people will be able to actually hold more tokens than the team during IDO

and this goes in hand by what I’ve said before

We want to build the Mobius protocol, and hand it over to the community

Tag: During the 2020 I got scammed a few times, rugs, exit scams etc. – how can we investors be sure that this will not be similar, are MOBIUS contracts public & somewhere to be seen?

MOBIUS FINANCE: It makes me very sad to read this, It is very important for everyone to do their own research, and make sure the project is public and transparent, All of my team is public

we have been in the space for years, have our public profiles, We will also have our code audited and public, anyone can read it, and anyone will be able to suggest improvements as well by holding the $MOT token

Tag: Who is your investor? How do you generate revenue to sustain the project? What are your goals to the end of 2021 and beyond?

MOBIUS FINANCE: We have more than 10 VCs supporting us among them, 2 crypto exchanges

Magnus Capital, Raptor Capital, AU21, X21, ICO Pantera, Hotbit, Flybit, Oasis Capital, Chain capital, Block Hunter, Cinchblock, Lotus Capital

All of them are supporting us

Tag: How a Crypto Newbies can contribute to your project? Is there any route to guide them?

MOBIUS FINANCE: Anyone who holds a token will be able to contribute

I most admit, that derivatives are not simple to understand

but they will be the future of DeFi

We need to innovate in order to keep the DeFi market, that is why mobius is so powerful. Because people who participate in the project will be able to control it. and they will be taking part of a market that is 10x the size of the stock market. and they will be in time to enjoy the benefits

Tag: How was the idea of ​​creating your project born? Do you still have that motivation and enthusiasm since the beginning of the project?

MOBIUS FINANCE: We started this project before the pandemic

We have now more energy than what we started

It’s been rough

but we finally will have within 30 days the protocol live

and the community will be able to benefit this

make a profit, and vote for the future of derivatives

Tag: Amazing! Thanks Mr. @Corfucinas for these useful informations!

Tag: Thanks so much for taking your time with very detail answers ! Wish MOBIUS FINANCE success, breakthrough, sustainable development and hope that TAG will be a reliable partner of MOBIUS FINANCE in Vietnamese market.

MOBIUS FINANCE: Thank you all for being here today and for all the great questions. It was a pleasure to answer all of them and to share more information about MOBIUS FINANCE with you.