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Dec. 3. 2025
Mobick is a fork of Bitcoin, which means it’s just as rigid as Bitcoin. It’s very difficult to deploy smart contracts or mint NFTs on the Mobick blockchain. The solution is to create new tokens on Ethereum that are either pegged to the price of BMB (Mobick) or can be swapped for it. All Mobick-related tokens are minted on Base, a fast and inexpensive Layer-2 network built by Coinbase.
SBMB:
SBMB stands for Stable BMB, although its price isn’t stable like BMB. Choonshim, a Mobick OTC platform, has converted Mobick Consols into SBMB. Holders of Mobick Consols receive 4% annual interest for 100 years. If you want to learn more about this, please read my previous post:
https://sites.google.com/view/mobick-explained/home/mobick-consols
The problem is that non-Korean nationals were previously excluded from this opportunity. By tokenizing Consols into SBMB, it’s now possible to trade SBMB on DEXes. This makes it possible for anyone in the world to gain exposure to Consols.
Of course, there is counterparty risk: you need to trust the issuer. Choonshim says they will entrust all crypto holdings used to back SBMB to the Mobick project team. A website will be provided so investors can monitor the status and on-chain activity.
Website (Korean Language):
WBMB:
WBMB is wrapped BMB. Think of SBMB as tokenized Consols and WBMB as tokenized Mobick. You can trade BMB on LBank, but that isn’t enough. Some people want to trade BMB on DEXes because it allows easy swapping with other tokens and the creation of lending platforms. This is nearly impossible on the Mobick blockchain. For that reason, the Mobick project team has decided to airdrop BMB in the form of WBMB, which is EVM-compatible. The first batch of airdrops to Crypto School students is complete. If you’re eligible, you should now see your WBMB in your EVM wallet, such as MetaMask.
Contract address (Base Network):
0x71E7CBD674762F95D4D685138749feC3665c8225
MOVL:
MOVL stands for Mobick On-chain Value Ledger. It was originally designed to be a USD-pegged stable token, but it isn’t stable. Because MOVL holders receive hourly Mobick airdrops (6 BICK per MOVL, every hour), MOVL trades well above $1. This shows a strong DeFi economy within the Mobick ecosystem, which is an attractive model for legacy financial institutions looking to enter the crypto space.
Contract address (Base Network):
0x6c3b923561B9e3b19D06cB02537Cc0FD5F1af6d4
#Mobick #SBMB #WBMB #MOVL
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