Chapter 54

Business expansion. I told Vice President Myung-Woo Oh that the coin forces had approached him. “What? What about those crazy people?” “They must have been looking for money.” When I was young, I remembered that there were people who caught the wind and people who took money, even when my father was wandering around the gambling board for a long time. I thought it was only in the shadows of Korea, but there were organizations all over the world trying to eat a bowl of soup. “God, there is no need to look away. How many things do we have to do?” Right. We have to do our business.” From source coin stabilization to cloud computing. So far, it has expanded at an unbelievable pace for a new startup. It must be because developers, money, and business items that can quickly make profits have come together. As the project progressed, I did not want to slow down. “I’m going to go to Redwood City and work on the data center.” “Eddie. Thank you for your hard work.” The entire data center was bought, and the solution company and cloud team were dispatched together. It is said that they are developing an integrated platform system so that it can be easily integrated even if other data centers are added. “Myungwoo, is that easy?” “I don’t know. It must be possible because it is Eddie.” It took at least 15 days, and the broadcasting team followed Eddie to the shoot. The broadcasting team was in charge of promoting the business through YouTube, and it was doing its job well enough. ‘It’s been a while since I’ve been a little free.’ At work, at home. I was living a leisurely life, but I suddenly thought of Ellie. ―Kim Shin: People called investment accelerators came to visit us. I asked for a partnership with Source Coin. I contacted Ellie via Telegram. The New York stock market crashed due to the coronavirus. I haven’t been able to contact you for the past few days because the financial companies seem to be more hectic due to the stock price decline. ―Elly: Partnership with Source Coin? -Kim Shin: Yes. They said that if you join hands with them, you can make a lot of money. ―Ellie: It’s the first time you’ve heard the term investment accelerator, but I can guess what type of work you’re trying to do. ―Kim Shin: Is it a scam? ―Elly: It won’t be a scam until it’s legally punished. It must be something on the ambiguous boundary. ―Ellie: I heard that many powers in coins are traded anonymously. -Kim Shin: That’s right. What if I participate? ―Elly: You should get to know them well first. But if it’s the right power, I think I can make money. ―Kim Shin: Can you make money? I was quite surprised by Ellie’s answer. I thought I would tell you not to get close to them because they are dangerous. ―Kim Shin: Do you think I should invest? ―Ellie: Why don’t you get some legal advice and find out about them? It can be an investment opportunity. -Kim Shin: Yes? It’s a story for me, but I didn’t know you would say it like this. Stay with other travelers in a cheap hostel for $30. I cooked with people I didn’t know and shared a slice of pizza or pasta. The memory of Ellie, who smiled brightly at the rural festival, was still there. I never thought she would say that this is a good opportunity to make money. ‘Maybe it’s because I worked on Wall Street.’ Time changes people. Even for me, when I was working at Arkor, my appearance would be quite different now. -Kim Shin: Thanks for letting me know. ―Ellie: See you later. -Kim Shin: Yes… … . The news that Lee Jong-yeop had resigned spread quickly in Arkor. “Boss, think carefully. How did you get this far? Isn’t it regrettable? Is there a way to write a resignation and live in the corona city?” “I have to think about working for 20 years and enduring well. These days, you don’t have to go into business and just do a job for your monthly salary. I don’t understand why he resigned.” There were a lot of people who stopped me, such as Kim Sang-gi, Na Sang-guk, and team leader Seo of the technical team. Lee Jong-yeop smiled lightly and said. “I found my next job.” “Okay, where did you get the job?” Those who asked did not expect much about where Lee Jong-yeop would get a job. 4th or 5th year as an Arcor salesperson. Due to the nature of the company specializing in optics, it was difficult to re-employ at other pharmaceutical companies using my experience. This was the reason most of the employees who left Arcor regretted that they had not endured and continued to work. “I decided to go see Kim Shin-hyung.” “Who?” “Brother Kim Shin.” “Then… Are you going to America?” “Yes.” “It’s amazing. Are you specifically taking a junior from work?” “Anyway, I followed Kim Shin hyung-nim well.” Then the people who are extremely envious. Lee Jong-yeop enjoyed receiving this kind of attention. Na Sang-guk, a senior at the company, even though he is the same deputy, has been secretly ignoring him, but his attitude has changed drastically. “Deputy Assistant Manager Lee, if you go to America, send Kakao Talk often.” “With me?” Yess. Let me know if you have any good news. Where does Kim Shin invest?” “What do you guys do with each other? No fun.” The female employees of Arcor were truly sorry. “Even if Assistant Manager Lee retires, won’t you go to the group chat room?” “Yes. Even if it’s because of Sumin, you shouldn’t leave the group chat room.” “Deputy Manager Kim has also retired, and Manager Lee has also retired. I think all the cool guys go to our company.” While the female employees were disappointed, the takeover was completed quickly in 5 days. It was because there was no place to do business due to the coronavirus situation. “Take care.” “You worked hard.” Last way to work. After shaking hands with each employee in the office, I went to the support team and deliberately met Han Chae-won. The person I once served as my brother-in-law. Lee Jong-yeop, who was by Kim Shin’s side, knew best what kind of person she was. Lee Jong-yeop clicked his tongue and said. “Chaewon.” “What? What did you say to me? You’re acting, and I’m the team leader.” “When you quit the company, it doesn’t matter whether you are the team leader or not. And I’m older?” Whatt?” Han Chae-won was stunned, and her face turned red. The staff around them were listening to their conversation and were surprised. “Chaewon-ah, aren’t you reflecting on living with Kim Shin-hyung? You will be very sorry. Didn’t you live with a moderate temper like that?” Heyy! Lee Jong-yeop!” “I’ll stop now. It’s dirty and should be avoided. Let’s get along well in the future and not run into each other. Don’t text or call Kim Shin. I will stop you if my older brother is shaken. Understand?” After Lee Jong-yeop poured out all his words, he left the office. I wonder if it was too much for Han Chae-won, who was once Kim Shin’s wife, but I couldn’t help but feel relieved. “Let’s go. To America!” I sent KakaoTalk to organize my life in Korea and go to America. ―Lee Jong-yeop: Brother. I’m ready to go to America. ―Kim Shin: Didn’t you reserve a ticket? I’ll book you a plane ticket. ―Lee Jong-yeop: Hey, I also have enough money to buy tickets. I didn’t want to burden Kim Shin already. When he went to America, he was determined to pay for his meal no matter what. ―Kim Shin: Straighten your legs, first class. ―Lee Jong-yeop: If that’s the case, thank you. I thought a lot about Coin. ‘A world where blind money gathers.’ I don’t know if I can make money by raising coins through the media or famous investors and selling them at high prices. Nevertheless, I did not intend to tarnish the company employees, their passion, efforts, and honor. ‘I don’t want to do it myself.’ Upon closer examination of the coin plate, it was a mess. Few coins went as planned, and there was also a problem with the structure of Roona and Tei, which Dojin Kwon said was an issue. ‘Fixing 1 coin at 1 dollar?’ A stable coin created to facilitate transactions with other coins in the virtual currency market. The purpose or meaning was very good. Just… … . ‘There is no collateral.’ If it is fixed at 1 dollar, surely there should be a real asset that matches it. Even the source coin was not issued beyond the assets held by Earth Resources. However, Tay’s collateral was Roona, another virtual currency. ‘What is this?’ It is linked with Loona, which can be issued infinitely. When the price of Tei falls, it buys Tei by issuing Loona. Conversely, when the price of Tei rises, they buy Roona with Tei. ‘This way can be maintained.’ It was a pretty amazing idea. Either way, a structure that does not cause losses to the company issuing the cryptocurrency. ‘But is this sustainable?’ Is it possible to maintain the coin price while issuing other coins indefinitely, without real assets or deposits? It is said that it is not possible to issue Tei indefinitely, so it pays interest. In financial markets, 20% is an absurdly high rate. ‘This 20% is also given by issuing virtual currency, but there must be an enormous number of people who have invested because of the high interest rate. What if I had a bite at Taform Labs and went bankrupt?’ I decided that it was more dangerous than I thought. Products of this structure are sold, and there are buyers all over the world. People who do not know the business structure properly, or who do not make cool judgments because of their greed. Some aspects made sense at first glance. Even in the stock market, individual investors do not fully understand and invest in the company. Technology, manufacturing facilities, the level of staff, and management. How difficult would it be to properly understand and invest in all of this? Even the CEO would not know what the stock price of the company he manages will be in one year. ‘Even if the world is a mess, I’m the only one who should do a proper coin business.’ I made a lot of money with coins, so I want to do a great business with source coins. In the past, $100 million was the last bastion. Regardless of whether you invest or lose your property, you thought that if you left the last 100 million dollars, you would have a wonderful old age. These days, it has grown to $500 million, as much as its assets have increased. Early on, there was an asset hidden away in a paper company. ‘Let’s do our own business. They say that even if the rich go bankrupt, the third generation will go. If you fail with $500 million left, well… … Is there anything to worry about?’ You can try a lot of things and fail at all of them. At that time, you can buy a nice villa in Hawaii and live leisurely as if you were on a trip every day. “God. How about partnering with the game industry?” “The game industry?” “I get a lot of calls from Korean game companies.” Thanks to YouTube, there are not many people in their teens, 20s, and 30s who don’t know me. Game companies paid attention to that point and contacted them, aiming for publicity effects. “They say they want to give 2 Source Coins each as a reward to those who install their games after registering referrals with Source Coins?” “What do we get?” “It will be $2 per user.” “Hmm… … .” It was an era when a blockbuster mobile game could easily exceed 20 billion won and 30 billion won in publicity. Game companies want to secure as many users as possible. ‘If 1 million people download it, 2 million will be released to the market.’ From the standpoint of Earth Resources, even if the source coin was released, it was welcome. The rate of requesting exchange to the actual company will be less than 5%, but you can make money with the money you receive by advertising. Moreover, the source coin had to be released a lot to achieve price stability. ‘Even if the price of the coin rises too much, there is nothing good.’ If you don’t want to eat a lot and bounce, it’s better to keep the coin price at a reasonable level. “Let’s try.” Really? It is very easy.” “You make money. And… Myungwoo, pick up a list of game companies that you think are okay.” “Why?” “Take over.” There was a reliable old age, so there was no hesitation in making money work.