About 12% of the current global population is living with a kind of mobility impairment. According to Fortune Business Insights, the global mobility devices market is estimated to hit $14.86 billion by 2026. With such a projection, the market exhibits a compound annual growth rate (CAGR) of 6.9% for the forecast period. Over the years, there has been a high demand for a seamless and easy one-stop online platform that caters to the needs of people who are physically challenged. In today’s market, the products designed for this physically impaired group of persons are often categorized under miscellaneous, and the market is fragmented.
With the disruption of blockchain technology and the advent of cryptocurrency, many projects are rising to fill this market void. MobilityGuru is one of these crypto-based projects seeking to solve the problem facing the global mobility devices market. This project is offering a business solution seeking to help simplify the process to satisfy the needs of this physically impaired group in our society.
What is MobilityGuru?
MobilityGuru is a crypto-based project that seeks to integrate the entire mobility devices and services market into one simple online trading ecosystem. The project seeks to help the elderly, the general rehabilitation community, and the physically challenged by making buying and selling products easier for them. By leveraging blockchain technology and cryptocurrency, MobilityGuru hopes to create a transparent and secure transactional system.
The team has created the MobilityGuru Token (GURU) that will help to facilitate and ensure a smooth and flexible marketplace all over the world. To encourage the growth of the project and attract investors, as well as facilitate project launch and marketing; MobilityGuru is running initial exchange offerings (IEO) before the end of 2021.
The MobilityGuru Token
The token is a BEP-20 standard that will serve as the utility token for the MobilityGuru ecosystem. Holders can convert the MobiltiyGuru token to fiat such as EUR, GBP, USD, etc, or to other cryptocurrencies like BTC, ETH, etc. This ensures that users of the platform enjoy a seamless payment process during transactions. There will be a total supply of 200,000,000 tokens at an initial price of $0.05 each.
About 40% of the total token supply is earmarked for pre-sale and crowd sale and 20% is for future development. Project advisors and bounty will have 10% of the token supply, and another 10% goes to the future strategy and partnerships. The founders and team will have 15% and 5% will be used for an airdrop. The governance of the ecosystem will be carried out by a five-member team. However, after a year, the governance team will be elected by the top 9 highest holders of the MobilityGuru token.
Initial Exchange Offering (IEO)
To attract potential investors and facilitate project growth, MobilityGuru will be launching an IEO. The team will be seeking to raise $4,000,000 before the end of the year. They believe they have a ready market for the token and its value can be leveraged as part of the payment system. All the money raised from the initial exchange offering will be used to improve the website platform, facilitate project growth, and developing directories for new countries.
Although the website is independent of the launch, the token will serve as a means of payment on the MobilityGuru ecosystem. To purchase the tokens, visit exmarkets.
Key features of the MobilityGuru Platform
The gas fees/transaction cost on the platform is about $0.015 for every transaction upon the completion of the MobilityGuru smart chain. Also, there will be charges for placing an advertisement on the platform. As a way to incentivize users to keep using the platform, free MobilityGuru tokens will be given to those having the highest number of transactions. The platform is also designed to allow both buyers and sellers to rate one another based on their level of satisfaction.
Having a project like MobilityGuru get into the global devices market is a welcome development. This is because those physically challenged individuals amongst us deserve all the help they can get to make their life easier. More details about the project can be found in its whitepaper.