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In order to build a blockchain ecosystem that is free from regulatory authorities' securities disputes, the issuer must create a coin that receives external investment or distributes it for free without an ICO or IEO, but is traded P2P on its own and has a market price ($1 or more)

BTCMobick

by Otaverse

What is it about?

In order to build a blockchain ecosystem that is free from regulatory authorities' securities disputes, the issuer must create a coin that receives external investment or distributes it for free without an ICO or IEO, but is traded P2P on its own and has a market price ($1 or more). Author Taemin Oh applied the monetary phenomenon of Bitcoin and designed this game so that only those who spent money (ex. hiking or traveling abroad) could obtain these coins.

App Details

Version
28
Rating
(4)
Size
56Mb
Genre
Utilities Finance
Last updated
June 25, 2024
Release date
May 17, 2023
More info

App Screenshots

App Store Description

In order to build a blockchain ecosystem that is free from regulatory authorities' securities disputes, the issuer must create a coin that receives external investment or distributes it for free without an ICO or IEO, but is traded P2P on its own and has a market price ($1 or more). Author Taemin Oh applied the monetary phenomenon of Bitcoin and designed this game so that only those who spent money (ex. hiking or traveling abroad) could obtain these coins.

Meaning of 1 dollar: The reason why it is important whether a coin exceeds 1 dollar is because it cognitively determines whether it is valuable (has a price). In other words, the moment Bitcoin exceeds $1, logically, a transaction worth $10,000 can be done with 10,000 Bitcoins, and a transaction worth $1 million can be done with 1 million Bitcoins. Therefore, the moment Bitcoin exceeds $100,000, it will be more widely reported in the news, but in fact, exceeding $1 is a bigger news story.

Also, the fact that it is very difficult for a coin to exceed $1 means overcoming the “antagonistic relationship between value and spread.” For a coin to be widely recognized, it must be distributed to many people. If you distribute it for free to a large number of people, it will spread, but what you get for free is only free. On the other hand, if you incur a high cost when distributing coins, in the extreme case, you will be the only one holding the coin that gives value and it will not be distributed.

If Mobick has a price, a blockchain network will be created in which the public will finance the operating costs, and the plan is to give a significant portion of the foundation's holdings to companies that will utilize this mainnet. Because Mobick Coin has a price, it is a decentralized blockchain with nodes and mining, but it is possible to create an enterprise blockchain ecosystem in which companies have governance by securing a significant portion of the volume.

Author Taemin Oh, a Bitcoiner, may have had an ostensible goal of recreating the monetary phenomenon, but his goal is to resolve the uncertainty of lost coins, a major weakness of Bitcoin. Mobick Coin hard forked Bitcoin. That is why Bitcoin whales with previously unmoving volumes can obtain Mobick Coin with a single transaction. If Mobick Coin reaches a value per unit that Bitcoin whales cannot ignore, transactions will certainly occur and the uncertainty of lost coins that have not moved will be somewhat relieved. As a result, the value of Bitcoin will increase further. This is the big picture of Bitcoiner Taemin Oh.

Unlike other hard forks such as Bitcoin Cash, there is a billing period for Bitmovic. As a governance coin for corporate blockchains, if the price of Mobick rises to a significant level, it is possible to distinguish dead coins on Bitcoin from coins that have not moved by hard forking so that utxo that has not made a transaction within a certain period of time cannot be used.


* Support: http://otaverse.co.kr/form/write?frm_id=inquiry

* Explorer: http://blockchain.mobick.info

* Wiki: https://ko.wikipedia.org/wiki/GNC코인

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