FAQ

BTC MOBICK aims to create a blockchain for enterprises that can be practically used in both industry and daily life. The projects that BTC MOBICK has mapped out using blockchain technology fall into three main categories: "Identity Verification," "Micropayments," and "Global Financial Trade." These projects are far more advantageous and feasible for big tech companies that have already established substantial capital and platforms. However, big tech companies find it challenging to achieve significant profits using existing cryptocurrencies like Bitcoin and Ethereum because they did not accumulate these cryptocurrencies during the early market stages. As a result, the more companies advance their projects, the more benefits accrue only to existing holders. To build an ecosystem where companies can profit, BTC MOBICK transfers BTC MOBICK coins, which are public goods, free of charge. Companies participating in the ecosystem can utilize a stable mainnet without costs and increase their assets with the transferred BTC MOBICK coins. In other words, companies can use blockchain technology and cryptocurrency without the risks associated with coin issuance. Additionally, companies can upload identity verification and micropayment systems, including product sales, to promote industry expansion and innovation. Since BTC MOBICK uses the same source code as Bitcoin, the technology built on BTC MOBICK can be easily applied to Bitcoin as well. Thus, BTC MOBICK aims to become an enterprise-friendly coin, establishing a blockchain for businesses and becoming a cryptocurrency used in everyday life.

BTC MOBICK, which was created by hard-forking Bitcoin, undergoes halving similar to Bitcoin. However, since BTC MOBICK's servers were down from November 26, 2020, to July 15, 2022, the halving has been delayed by about 1 year and 7 months. The next halving is scheduled to occur at block 840,000, which is expected around August to September 2025. Please note that the halving date may vary depending on the mining speed, leading to potential discrepancies. When BTC MOBICK undergoes halving, the mining reward will be reduced from the current 6.25 coins to 3.125 coins.

BTC MOBICK secures and manages approximately 14 million public coins. These public coins are used exclusively for the progress of projects and the expansion of the ecosystem and can be checked in real time through a publicly available wallet address. The amount of public coins is about 75% of the total issuance of BTC MOBICK, and if these public coins were to be released into the market, there is a possibility that the market could collapse. Therefore, BTC MOBICK's public coins must be used under strict management and supervision. In the BTC MOBICK ecosystem, a committee of seven members distributes and manages the public coins, utilizing them under the supervision of an overseer. Additionally, contracts with companies stipulate that unauthorized sales of BTC MOBICK's public coins will result in criminal penalties, ensuring that the management of public coins is legally binding.

BTC MOBICK measures units in MO and BICK. 1 MO is equivalent to 100,000,000 BICK.

BTC MOBICK is a cryptocurrency that built its ecosystem by airdropping coins for free to an unspecified large number of people, without any investment. Therefore, BTC MOBICK has not advanced its project through any illegal means. A Ponzi scheme involves attracting investors without generating profits and paying early investors with the funds from later investors. Since BTC MOBICK project has never received investments, it cannot be considered a Ponzi scheme, and it has never promised high returns or engaged in any deceptive practices. BTC MOBICK is a healthy cryptocurrency project with a vision for enterprise blockchain, aiming to create a blockchain ecosystem that is practically useful in everyday life.

Public resources are assets that enhance the overall efficiency of society and help increase the productivity of the entire community. BTC MOBICK's founder, Oh Tae-min, recognized the necessity of public resources in human society and incorporated them into BTC MOBICK's design. BTC MOBICK's public resources allow everyone participating in the ecosystem to benefit, and these benefits are not exclusive to a small number of Mobickers. The public BTC MOBICK coins are used solely for ecosystem expansion and project progress, making it possible to advance BTC MOBICK project without individual investments. Additionally, public coin resources can be utilized as a leadership tool when network upgrades or other changes occur. This helps efficiently prevent new entrants from disrupting or attacking BTC MOBICK project and supports the expansion of a healthy ecosystem. The public BTC MOBICK coins can also be used to encourage corporate participation and the influx of new Mobickers, making them an essential element for the development of BTC MOBICK project.

BTC MOBICK is an independent cryptocurrency and does not have a direct relationship with the Bitcoin market. However, if the price of Bitcoin rises, it can influence the price of BTC MOBICK due to various factors. As Bitcoin is the first cryptocurrency and a representative figure in the cryptocurrency market, its price increase reflects a positive change for the entire cryptocurrency market. Additionally, when the price of Bitcoin rises, the liquidity of cash flowing into the cryptocurrency market increases, which can affect the trading volume and liquidity of BTC MOBICK. Markets are often influenced by investor sentiment, so positive market sentiment can lead to an influx of new investors.

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Otaverse Inc. was established for the initial airdrop of BTC MOBICK. Otae Min, the founder and representative of Otaverse Inc., carries out tasks related to the BTC MOBICK airdrop. On the other hand, Mobickers Inc. is a company that handles various events and tasks within the BTC MOBICK ecosystem. Mobickers Inc. is responsible for various businesses, including collaboration with various companies participating in BTC MOBICK ecosystem, the sale of paper wallets, and BTC MOBICK-related education.