Factual response to Yaros Belkin’s media spectacle

MOBU
4 min readJun 28, 2019

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From the very start MOBU prioritized the utmost transparency and honesty with all its holders and investors. Notwithstanding the challenging ICO market, the MOBU team has been creative and hardworking to ensure its ultimate success!

This is one of the reasons why the MOBU team feels it imperative to highlight the real facts around the recent and unfortunate article posted by Mr Yaros Belkin from Belkin media. Firstly, it should be noted that Mr Belkin refers to an incident that occurred more than a year ago, even before MOBU was live. As the real facts unfold (stated below) irregularities from his article will become very clear. Mr Belkin went out of his way to approach all media outlets at the time. After disclosing the screenshots and supporting documentation none of the media outlets were interested to write the story as there was no substance to his accusations.

Factual responses:

  • We have a signed contract with Mr Belkin — so his first accusation of not being aware of using his name is false.
  • According to the contract it was agreed and signed by Mr Belkin to manage 3 social channels. He refused to do this. He was politely informed that we then cannot have him on board.
  • Mr Belkin was a proud advisor of Zabercoin and never requested to leave. Zabercoin, as many other ICO’s, was simply unable to raise sufficient capital. All investors were refunded in full. Mr Belkin was also paid in full.
  • Mr Belkin was invited to Monaco Grand Prix as a guest of the CEO at the time, in his personal capacity. It is important to note that this happened prior to any marketing activities and fundraising for MOBU. All MOBU travels was investor meetups which can be confirmed on social media.
  • Mr Belkin claims to have founded the name of MOBU. He is not even able to speak any of the local South African languages from where MOBU’s name was derived.
  • Mr Belkin requested an above market-related fee for performing his duties which MOBU was comfortable to pay on the condition that he performed his duties as agreed and expected.
  • MOBU decided to move forward with Amazix rather than Belkin marketing which Mr Belkin took serious offence to. Amazix was the number 1 PR for blockchain projects at the time and this was a simple merit-based business decision.
  • Mr Belkin gave the lowest votes to MOBU on ICObench due to his personal vendetta against MOBU and asked his friends to also downvote MOBU at the time. ICObench removed them as advisors as this was devious behaviour, of course. Proof of screenshots of Mr Belkin is in MOBU’s possession where he used improper and even foul language when referring to ICObench prior to be fired. This demonstrated a great deal about his character.
  • Mr Belkin threatened that MOBU will not be featured on Cointelegraph, Newsbtc and Ivan on Tech if he gets fired. The CEO of Newsbtc shared with us that Mr Bellkin is an unethical character who still owes him money.
  • Mr Belkin constantly downvoted MOBU on all social channels and is the writer of the so-called “scam” one-sided article.
  • Mr Belkin claims that MOBU had no intention of building a prototype. The truth is that the prototype has been live on MOBU’s website for each and every one to access.
  • Understandably, Mr Belkin was removed from the website immediately after being fired — he was fully aware of the fact.

Unfortunately, people like Mr Belkin who have access to a platform to write whatever they wish, discredits the blockchain industry and this is the very reason why it is so difficult for institutional money to enter the blockchain space. The MOBU team wishes to put this unfortunate incident behind us and move forward to focus on fundraising and continue building an exceptional product and reputable company. Hereby, we request Mr Belkin in the strongest possible language to also move on. MOBU has had enough of this undeserved abuse and will not tolerate this unprofessional behaviour any longer. If this behaviour of damaging MOBU’s brand continues, MOBU will have no other choice but to take legal action against Mr Belkin. Other well-respected advisors of MOBU concurred that this is petty of Mr Belkin to act is this manner. It is time he takes responsibility for his actions. It is very clear that there is nothing to write about since it is merely Mr Belkin’s personal laundry being exposed in public.

From above information, MOBU wishes to dissociate itself from this unfortunate incident and unprofessional behaviour by an individual spreading untrue information. Full due diligence and corporate affairs of MOBU can be accessed from one of the most reputable investment banks of the world, a SEC registered broker dealer which is based in the USA, called Entoro.

Website: https://mobu.io

Telegram: https://t.me/mobuCHAT

Twitter: https://twitter.com/MobuICO

Facebook: https://www.facebook.com/MobuICO

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MOBU

MOBU is a decentralised platform and end-to-end solution for ICOs to launch compliant security tokens on the blockchain.