What is MobieCoin?
MobieCoin (MBX) is a cryptocurrency that aims to revolutionize the payment industry by offering a universal payment and reward platform accessible through mobile phones. The platform allows users to exchange traditional currencies and cryptocurrencies seamlessly, eliminating the inconvenience of traditional payment processes. The goal of MobieCoin is to increase the use of cryptocurrencies for granular transactions and bridge the gap between traditional currencies and digital assets.
The platform is designed as an integrated payment token that connects any cryptocurrency and traditional currency to online sites and the global retail marketplace. MobieCoin's vision is to create an open financial ecosystem by developing a multi-functional mobile wallet that enables access to both currencies in real-time. The wallet also allows for cashless and cardless transactions, creating a system that eliminates chargebacks and fraud.
MobieCoin's digital wallet and protocol are developed to enable fast and secure borderless transactions, incentivizing users with rewards to motivate them to adopt the technology. The token holders of MBX are also rewarded for referring and utilizing the Mobie network. MBX is a Stellar utility token that serves as the economic engine and drives settlements, payments, spending, and rewards in the MobiePay ecosystem.
MobiePay is getting designed with on-chain and off-chain components to increase transaction flexibility. The platform aims to set up a new payment channel and cross-border payments for consumers that do not have a bank account, promoting financial inclusion.
The founder of MobieCoin is Brandon Burgason (CEO & founder), who brought extensive marketing background, technology and finance expertise while developing the asset. The total supply of the Mobie token is 7 billion MBX tokens.
MobieCoin's goal is to popularize cryptocurrency in the global marketplace by increasing its use for granular transactions. By bridging the gap between traditional currencies and digital assets, MobieCoin seeks to create an accessible and reliable platform for the existing payment and banking infrastructure. With its multi-functional mobile wallet and payment protocol, MobieCoin aims to change the payment industry and create an open financial ecosystem that provides fast and secure borderless transactions.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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