Coin Ecosystem

Source Coin thought that it could be applied to various fields, not just cloud computing.

“My favorite game company. It would be impossible to go to a place that is too large or expensive.”

“How much can the acquisition cost be?”

I never thought the day would come when I would even consider taking over a game company in order to unlock a lot of source coins.

Will this solve the grudge of not being able to play mobile games and fish games to the fullest?

The time has come to throw off the bridle of being a non-billing user.

“Make a list within the $500 million limit. If you are consistently making a profit, or if you have a masterpiece game, you can go beyond it a little bit.”

“That’s enough.”

I decided to look for game companies that could be used not only in Korea, but all over the world.

When the game is installed, 2 source coins are paid, paid when a certain level is reached, and paid on special anniversaries.

If it’s a really fun game, marketing can be done with Source Coin.

I watch YouTube, but I have to play the same advertisement several times that I am not very interested in to create antipathy.

In that case, source coins are paid to users at certain stages.

It is to spend publicity expenses, but it could be used to expand the base of Source Coin at the same time as the game.

‘Games account for an overwhelming portion of Korean cultural content.’

With assets over $17 billion, it was able to do a lot.

* * *

After cutting Lee Jong-yeop’s first class flight, he attended a meeting of the shopping mall division.

Broadcasting team B from Korea came and was filming with a camera.

“The sales of the shopping mall division are about 70,000 source coins so far.”

“okay.”

Allison’s report in charge of the shopping mall division.

The shopping team was promoted to a business unit, and various products were posted on the homepage.

Even so, the purchase of users was sluggish.

250,000 Source Coins are released to the market per hour just by mining, but only 70,000 have been recovered through shopping malls so far.

And sales have dropped by more than 90% in the past few days.

‘I won’t buy it either.’

Users who obtained Source Coin through mining.

If you sell to other buyers, you can earn several times the profit, but there is no reason to use Earth Resource’s shopping mall, which is based on 1 dollar.

Moreover, the country that mainly mines Source Coin was Korea.

Delivery of goods to Korea was a problem, and the question of whether to buy groceries or clothing with Source Coin instead of paying by card, which is fundamentally familiar, remains.

There are many shopping malls that compete with Amazon in the US and sell items at the lowest price in Korea.

“We plan to stock more items that are hard for people to find.”

“The only solution is to reflect the transaction price of Source Coin to some extent in the price.”

“If you accept the trading price, the company will suffer massive losses.”

During the meeting, employees came up with ideas one by one.

‘It’s difficult.’

The ideas of the employees were not very welcome.

Instead of exchanging currency based on 1 dollar, if you operate a shopping mall with the market price, the mining system can see a large-scale deficit.

In a situation where the meeting was sluggish in many ways, a few thoughts came to mind.

“It’s a major overhaul of the mall.”

“yes?”

“A major overhaul? Are you even considering abolition?”

Employees who respond sensitively to my words.

In the case of startups, they try a lot and quickly get rid of business units that don’t have the potential. However, I thought I could save the shopping mall enough.

If you come up with ideas only for shopping malls, there are obvious limitations.

To be honest, I took the position of CEO because I had money and started my own business.

Although I don’t have much expertise, there were ideas I could come up with as a representative.

“You know about the gift or coupon system. I plan to actively apply it to shopping malls.”

“Would you like to use the bonus coupon system?”

The reaction from Allison and the mall division employees was not very positive.

“Even if I give customers coupons, I don’t know if they will buy the product.”

Essentially, the price of Sourcecoin reached $6.

Even with discount coupons, it is difficult to keep up with this price gap.

The staff’s proposal to sell limited or rare editions was also a futile effort to do anything.

If it’s enough for someone to buy it for six times the amount, you can sell it at that price in the first place.

A major overhaul of the shopping mall division was thought to be the answer.

“This is the complete opposite of the current system. Let’s make it possible to pay by card or cash like other shopping malls, instead of just using source coin.”

Usually, the margins of shopping malls reached around 20%.

If you buy and sell items in bulk directly like Amazon, you made more profit.

“And 5% of the purchase amount is paid in Source Coin. If you buy $100, you get 5 source coins. Of course, this ratio will have to be adjusted depending on the situation.”

Allison said in surprise.

“ah. It is to use the market profit of Source Coin inversely.”

“you’re right. We have 5 source coins. You pay $5, but your customers get a benefit of $30.”

If the difference in price of Source Coin is a problem, you can use it backwards.

A coin payment system that is difficult for other shopping malls to do.

Customers will love it because the price of Source Coin continues to rise.

Wouldn’t the sales of the shopping mall go up soon?

“It won’t be too much of a burden on the company. It is to solve the shopping mall’s promotional expenses and event expenses with Source Coin. And there is one more important effect here.”

“What is it?”

“When the shopping mall is active, even non-mining people can get Source Coins. Source Coin will become more popular.”

It was a thought that could only be made because he was the CEO, not an employee belonging to the shopping mall division.

Shouldn’t the CEO take a big and broad view and set the company’s overall management policy?

‘It’s helpful to have thought a lot about the fundamentals of Source Coin since meeting Jim and Dojin Kwon.’

It was the easiest way to make money.

Like them, you can earn cash by selling source coins to other buyers using an exchange.

If it is difficult to sell directly, go through several paper companies.

It is to obtain ticketing power to print and distribute money like a bank.

‘I’m sure I can get a lot of wealth.’

Making money every time you create data, how can there be such a convenient way?

You don’t even have to go to great lengths to cheat.

Because there will be people who buy on exchanges all over the world.

I thought the issuers of other popular coins must have succumbed to similar temptations.

But I decided not to use that method.

‘I won’t cross the line.’

Source Coin was created based on maintenance costs for operating the mining system.

It was unprofitable for the company to raise prices more than necessary.

$100 or $200 only increases the chances of falling into bad temptations.

“We will use the shopping mall to release more source coins to the market. And it will stabilize the price and create an ecosystem formed by Source Coin.”

Sending out source coins through various means of publicity, operating and distributing shopping malls.

Beyond earning a reasonable profit from the company, it is good if Source Coin spreads a lot to increase utilization and form an ecosystem.

stablecoin.

It is said that it was fixed at 1 dollar for trading with other coins.

Source Coin can exert the effect of a stable coin to some extent. They could even provide direct collateral with real assets or dollar deposits.

‘I want to create a stable and valuable coin.’

I invested in Bitcoin and Ripple, but those coins weren’t very useful even now.

Maybe most coins are in the same situation.

It is merely an investment target for keeping money or profiting from the market.

Issuing companies and investors are only wrapped up in greed, but I wanted to build a huge ecosystem with Source Coin.

‘It’s the CEO’s job, not the employee’s.’

That’s why I talked to the staff about my thoughts.

“We should continue to give people who want to have our coins the opportunity to get them, not just source coin miners. Sourcecoin does not want to be a speculative asset whose price should continue to rise. You wouldn’t want to make money that way. It will be a coin that can be used the most, a coin that actively challenges new markets.”

Anxiety that suddenly arises after talking about a rough concept for a long time in a meeting room.

I looked around and saw ten employees listening in silence without expressing any objection.

For a moment, I think of Arkor’s conference room.

Employees were silent while Director Jeong was talking about something.

I didn’t want to come out for nothing, so I didn’t refute the wrong or unreasonable opinions.

‘What are they talking about in front of people smarter than me?’

Most of the new recruits had Stanford University, and most of them were graduates of prestigious American universities.

Many experienced employees came from companies that had heard of their names in Korea.

Smart people who are incomparable to me in terms of academic background and career.

I confidently expressed my thoughts in front of such people, and even filmed the scene with a camera.

‘ah… … My limbs are shriveled up.’

It was very embarrassing, but the staff started clapping.

clap clap clap!

A few people clapped and even whistled.

“Awesome. CEO.”

“So Source Coin had such a big meaning.”

Appreciation from the staff.

It reminded me of Na Sang-guk, who praised him for being amazing no matter what Director Jeong said.

‘Isn’t this for me?’

* * *

The original video of the video taken in the conference room was registered on the company intranet.

Immediately, Oh Myung-woo, who left for Seattle to find out about game companies, got a call.

-CEO! What you said during the meeting was great!

“You’d better kill me.”

―But I don’t think it was objectively bad. It was the right time.

“At the right time?”

-yes. You gave us a milestone on what our company should do.

Oh Myung-woo said that my remarks would help establish the company’s identity.

A computing company based on blockchain technology.

I was expanding various businesses including cloud computing, but the ultimate goal is to create an ecosystem based on source coin.

―Technology makes capitalism. ha ha ha ha

After talking with Oh Myung-woo, he linked the video to Ellie and sent it.

―Ellie: You had a really nice dream.

What a wonderful dream.

To be honest, I just started the source coin business after living without much thought.

―Kim Shin: By chance… … That’s what I thought when I was in business.

―Ellie: Your humble side is great. You could be arrogant when you make that much money and build a business!

It seems that I was seriously mistaken.

―Elly: Because coins play the role of currency. I think it’s essentially a good direction.

―Kim Shin: Is that so?

―Ellie: Because money drives production, consumption, and research and development. If Source Coin becomes the center, I think it can accelerate various business fields. Come up with more business ideas.

―Elly: Of course, I am not an expert in the business field.

I had a thought while reading her text message.

Sourcecoin’s ecosystem.

I’ve just started dreaming, but what if this project really succeeds?

‘How far can I go?’

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