Introducing BTC MOBICK
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What is BTC MOBICK?
BTC MOBICK?
BTC MOBICK
BTC MOBICK is a proof-of-work (PoW) coin which has started with a copy (hard fork) of Bitcoin’s #556760 by O Taemin, a first-generation Bitcoiner from South Korea. This cryptocurrency project aims to build an international corporate blockchain ecosystem.
The Name of BTC MOBICK
The name “BTC MOBICK" is a combination of 'Moby-Dick', a classic novel by Herman Melville, representing American Romanticism and Symbolism, and 'Mobile'. In a similar way to the novel's story, the philosophy of BTC MOBICK is to wake up sleeping whales (large coin holders) so that we can make the ledger transparent and reduce the risk of lost coins. By doing so, we can contribute to the blockchain ecosystem.
O Taemin, the Issuer창립자
: O Taemin, the founder of BTC MOBICK, is a first-generation Bitcoiner from South Korea. He initiated BTC MOBICK project based on the humanities perspective. Just as people who invested sunk costs in Bitcoin which brought the 'miracle of $1' value, O Taemin conducted experiments to create coin value through paying sunk costs(energy, time, travel expenses) by completing missions such as mountain climbing, overseas travel. Following his hypothesis, people received BTC MOBICK coins by airdrop for free but started creating certain value by generating sunk costs. As a result, BTC MOBICK attained the price only through P2P transactions, overcoming the 'antagonistic relationship between value and diffusion'.
BTC MOBICK Project
No investments like ICOs or IEOs during the coin issuance process
The issuer does not own a single BTC MOBICK
No coin sales or artificial price pumping for the private benefit of the issuer
To establish an ecosystem free from legal regulations, the issuer does not own a single BTC MOBICK coin and does not intend to sell any coins for personal gain. During the coin issuance process, it did not accept any investments such as ICOs or IEOs. Therefore, the price cannot be artificially inflated.
BTC MOBICK recreates the monetary phenomenon thus it avoids security disputes by financial regulatory authorities. Companies using BTC MOBICK can safely utilize the mainnet to enhance their operations on the blockchain. Moreover, BTC MOBICK has become a sought-after coin with significant value solely through peer-to-peer transactions without being listed on exchanges. This allows the ecosystem to cover node operation costs and provide a stable network for companies to use without incurring additional expenses.
Future Plans
In the future, BTC MOBICK will transfer BTC MOBICK coins as a public BTC MOBICK coins for free to expand the enterprise blockchain ecosystem. The recipient companies can conduct various businesses utilizing blockchain technology on BTC MOBICK's mainnet, such as trade finance platforms, NFT issuance, and SBT registries.
Once the corporate ecosystem was established and the "Whale Catching Project" was completed, BTC MOBICK will convert to a public chain. At some point, all unclaimed BTC MOBICK coins will be burned to meet total supply of 21 million coins. By converting to the public, it becomes decentralized and transparent ledger. BTC MOBICK will become a decentralized registry with the same protocol reliability as Bitcoin but without the risk of lost coins.