How did BTCMobick recreate the monetary phenomenon?
The BTCMobick project was designed so that people earn crypto by spending time, effort, and even travel expenses—creating a 'monetary phenomenon' where value doesn't disappear. Since then, its price has steadily risen without any pump-and-dump schemes, and it continues to hold meaningful value to this day.
Kim Sanghwan
May 5, 2025
BTCMobick
The BTCMobick project was designed so that people earn crypto by spending time, effort, and even travel expenses—creating a 'monetary phenomenon' where value doesn't disappear. Since then, its price has steadily risen without any pump-and-dump schemes, and it continues to hold meaningful value to this day.
What is a “Monetary Phenomenon”?
A monetary phenomenon refers to the process by which an object gains recognized value and begins to function as money through cost—or the investment of mental or physical effort. In the case of Bitcoin, this phenomenon began when people, by voluntary choice, invested resources and expected others to recognize that value—demanding even more in return. This suggests that what matters most for money is not how it's used, but how it’s obtained.
BTCMobick’s Design
“If people earn crypto by investing time, effort, and travel expenses, it will naturally hold value—and never drop to zero.”
Based on this hypothesis, the founder designed the project so that participants could only earn crypto by incurring real costs. It began with light missions—buying books, eating certain foods, or having coffee—where small amounts of crypto were given as rewards. As more people joined, the difficulty gradually increased.
Raising the Bar: Focused Distribution
BTCMobick’s first offline airdrop event took place on Mt. Gwanak in Seoul. Hundreds of participants gathered, realizing they weren’t alone in this unusual event. The scene was streamed live on YouTube, showing lines of people waiting to receive crypto. That moment pushed BTCMobick into the public eye.
After the event, BTCMobick’s price exceeded $1, and real P2P trading began.
Riding this momentum, the next airdrop was held at Mt. Gyeryong, a three-hour drive from Seoul. The number of participants surged—and some even tried to hire others to collect the airdrop on their behalf.
The difficulty level rose again: the next airdrop was held on Mt. Halla in Jeju Island, which required travel by ship or plane. Due to overwhelming interest, pre-registration became necessary, and the eligibility screening process grew stricter.
After the Jeju event, the BTCMobick community formed organically, and P2P trading became more active.
Going Global
A shared belief emerged: “Because it was hard to earn, no one would sell BTCMobick cheaply.”
This mindset laid the foundation for global expansion. In the summer of 2023, a six-day airdrop was held in Los Angeles for the Korean-American community. A special event was also organized for those who had traveled from Korea.
One month later, the final airdrops took place in Sydney and Montville, Australia. Just before the Australian event, the price of BTCMobick surpassed $10, and after the event, it soared to $30.
Recreating the Monetary Phenomenon
BTCMobick managed to reach a meaningful price point without any pump-and-dump schemes, which are common in the crypto world.
In July 2023, the price passed the $10 mark, and by September, it had exceeded $100. To this day, it has remained above that level—showing that BTCMobick has successfully recreated the monetary phenomenon.