FAQ

Approximately 40-50% of BTC MOBICK in circulation is locked up until 2029. Therefore, there are concerns that when this locked-up amount is released in 2029, there might be a price crash due to mass selling. However, this is a foreseeable situation, and BTC MOBICK's founder, Mr. Oh Tae-min, mentioned during a lecture in Chuncheon that there are measures in place to address this issue. He did not disclose the details at this time. Looking at several possibilities, we can gain some hints from the case of Mt. Gox. When Mt. Gox went bankrupt, Bitcoin holders were unable to sell their Bitcoin for 10 years. However, as Bitcoin's price soared, they found themselves in a situation where they no longer needed to sell. Similarly, if BTC MOBICK's ecosystem expands and the projects succeed, most of the locked-up amount may not need to be sold.

BTC MOBICK has an ecosystem created by airdropping a large number of BTC MOBICK to a small number of people. In this regard, one might wonder if the ecosystem is too favorable to the early BTC MOBICK airdrop participants. However, the early participants of BTC MOBICK accepted the uncertainty and invested their own sunk costs to receive BTC MOBICK via airdrop when it had no value at all. Additionally, these participants played crucial roles in the expansion of the BTC MOBICK ecosystem by participating in lockups, interactions, and promotions, contributing to the increase in BTC MOBICK's value. The early participants did not have any special privileges; they simply discovered and participated early. Currently, anyone can participate in and invest in BTC MOBICK ecosystem. Therefore, the opinion that the ecosystem is excessively advantageous for early participants can be interpreted from various perspectives.

Seeing BTC MOBICK project, another project leader might create a similar coin and conduct an airdrop. However, since BTC MOBICK is successfully progressing with its project, many people would rush to receive the airdrop by following this precedent. This carries the risk of leading to a major incident. Consequently, there might be oversight by national agencies due to the risk of human casualties.

Moreover, BTC MOBICK has the influence of its founder, Oh Tae-min. As a cryptocurrency expert, he has spent many years researching cryptocurrencies and sharing his accumulated knowledge, which has gathered a community. It would not be easy for other companies to benchmark this and attract the same people. Therefore, from a corporate standpoint, it is more advantageous to receive BTC MOBICK for free and utilize blockchain technology rather than bearing such risks and costs.