Coin Conglomerate After Release

tadak. widely. widely. widely.

Click. Click.

The rhythmic sound of keyboards fills the office. The mouse button sound that sometimes mixes seems to add a chu-im-sae.

About an hour had passed since Soyoung Lee grabbed her laptop and started working.

In the meantime, Park Tae-sik, who arrived late with me, quietly watched as if watching a performance.

“Woohyuk, was virtual currency originally something that could be created in just a few hours?”

“If you take the source code of the existing virtual currency as it is and modify it, it is possible to print it in 10 minutes.”

“what? 10 minutes?”

But she didn’t. I started writing code from a blank slate, and already wrote dozens of pages of code on the fly.

It was not a lie to say that he would make a new one here.

“Soyoung, is the code you just created a token issued based on Ethereum?”

“that’s right. It is advantageous in many ways in terms of work difficulty and versatility. If you want to develop a virtual currency with a mainnet, you will have to develop it for half a year.”

Park Tae-shik’s eyebrows twitch in an S shape as he listens to our story. I meant to explain in a way that I could understand.

“You can think of a token as a stage that an official virtual currency goes through before launching. When the official launch is made later, it will be exchanged to investors in the same way as 1 token for 1 virtual currency.”

“aha. It’s some kind of speech.”

“There may be a difference in concept, but you should understand that much for now.”

“Well, virtual currency is too difficult to structure. I don’t know if there are people who invest properly because of this.”

At that moment, Lee So-young, who was banging on the keyboard, turned her upper body around.

“That’s why the CEO’s idea was great. You made the general public understand the complex virtual currency with just one word: acorn. Right, CEO?”

“Not to the point of being called great.”

“That’s great, right? My eyes tell me so.”

That’s what I said to her. You’ll get it back as it is.

I pick first and laugh, and she starts giggling and laughing as well.

“what? You two, why are you laughing? Is there something between the two of you already that I don’t know about?”

In the middle, Park Tae-sik sent a suspicious look, but Lee So-young was straight and denied it, so the situation was quickly settled.

And after another 10 minutes or so.

Soyoung Lee brings the laptop she was working on to our table.

“The work is over, so take a look. We made it possible to test token creation, basic settings, and even values.”

The work that was said to take two hours was completed in a little over an hour.

I didn’t start working right away, but I installed the program first, so the actual work took less than an hour.

The speed of work was surprising, but what was even more surprising was the intuitiveness of the work. Park Tae-sik, an outsider in this field, was able to understand the structure, so do we need to say more?

“how is it? Did this confirm my skills?”

Instead of answering, I handed her the contract I had prepared in advance.

In the contract, not only the salary but also the incentives to be paid in the future were detailed, and Lee So-young’s eyes widened when she saw the amount written there.

“excuse me… … I think you misunderstood this part of the contract.”

“why? Is the amount too small?”

Lee So-yeong desperately shakes her head.

“It’s not less, it’s too much. If your annual salary is 70 million won, you are at the level of a senior developer at a large company!”

“I don’t think the annual salary is 70 million won. You didn’t read the contract carefully.”

“Where did I go wrong? … .”

Lee So-young, who was looking at the contract again, suddenly screamed.

“What, what is it? This is not an annual salary, but a down payment of 70 million won?”

“you’re right. The down payment alone is 70 million won, and the annual salary is paid separately at the end of the year after summarizing the performance of the year.”

“No, what is this… … It’s not a dream, is it?”

“From the moment you put your stamp on the contract, it won’t be a dream.”

She immediately takes the ink placed next to her and interferes with the contract.

“Did you do it like this?”

“Yes, that’s all right.”

I hang the company’s first employee ID card, which I made in advance, around her neck and continue the conversation.

“Welcome to the WHTS Company.”

* * *

After Lee So-young joined the team, we spent almost 10 days busy without blinking our eyes.

First of all, while raising the level of development of the new virtual currency, on the other hand, the white paper required for the ICO was produced.

In this process, three more developers were found to help Lee So-young, and a plausible website was also opened.

While strengthening the substance of virtual currency, on the other hand, it also accelerated the promotion of virtual currency.

[The newly born Cy Club Plus, an innovative payment method based on virtual currency.]

[Acorns used to decorate your mini homepage as an investment product? A large number of professional investors flock to the infinite growth potential.]

[The investment rose 5,000 times in 5 years. The future that Acorn, which has become a virtual currency, dreams of.]

While distributing virtual currency promotional materials to media outlets and doing community marketing, Park Tae-sik even appeared on a stock broadcast.

The effect of diligently running was amazing. In the domestic industry, it has become so famous that there is no one who does not know about Acorn Coin.

As a result, today, representatives of virtual currency exchanges come to our office directly.

“I am Song Baek-ho, CEO of Coinup, the first virtual currency exchange in Korea. We are in a different class from other exchanges that have no foundation in terms of recognition.”

“This is Minsung Na of BitHit, who boasts the highest daily trading volume. It is said to be the first in Korea, but wouldn’t the effect of an IPO be good if the trading volume is high?”

The two exchange representatives sitting face to face in the parlor engage in a war of nerves from the start.

The purpose of their visit is to entrust the IPO authority of Acorn Coin to the exchange.

They are arguing that their own exchange is better, but in my eyes it only looked like an acorn-kissing measure.

‘There are two exchanges in Korea, it’s staggering.’

I thought not long ago that there was no cryptocurrency exchange in Korea.

This is also true because the domestic exchanges were sloppy from the homepage, the management and UI were messed up, and, crucially, they did not support chart trading.

I thought it was a phishing site aiming for virtual currency.

‘Even a clumsy exchange would be better than gathering investors on our own. It won’t be able to compete in terms of convenience and accessibility.’

I deliberately make the sound of the wheel of a chair to draw their eyes to me.

“We are positive about consignment sales on exchanges. So, I will listen to the conditions here and decide which exchange to entrust.”

As soon as I finish my words, the voices of cryptocurrency representatives pour in.

“Our coin-up already has several IPO experiences. So just trust me and leave it to me.”

“Bithit is the exchange with the largest trading volume in Korea. Our fees are also among the lowest in the industry.”

“You should prioritize security over immediate fees.”

“If you leave it to us rather than coin-up, the investment will be more than doubled.”

“what? et cetera? Did you finish what you said?”

“Who was the first to say that there is no root?”

The drawing room is in a commotion again. This time, they weren’t just arguing, they were pushing each other’s faces and even glaring at each other.

As the meaningless argument continues for a long time, a voice is heard from outside the drawing room.

“CEO, Mr. Nakajima from b*tcheck came to visit us.”

b*tcheck is a cryptocurrency exchange in service in Japan.

As Japan is already actively investing in bitcoin, it was incomparable to small Korean exchanges in its weight class.

Since I came from such a company, the two exchange representatives who were fighting looked at me in surprise.

“CEO Shin, how did you come here from b*tcheck?”

“As acorn coins became famous in Korea, it seems that the rumor spread to the Japanese community.”

“then… … .”

After asking for formal understanding from the representatives of the two exchanges, I greeted a customer from Japan.

“This is Ichiro Nakajima from Beatcheck.”

“This is Shin Woo-hyuk from WHTS Company. It took a lot of hard work to come a long way.”

“It was nothing. however… … .”

He first looks at the people sitting in the drawing room and continues his conversation.

“Who are these people here… … ?”

“These are the representatives of the domestic virtual currency exchange. You came to our office for the same purpose as Mr. Nakajima.”

“Aha, that’s right.”

Nakajima pulls out a document from his bag with a laughed expression.

“Our b*tcheck is one of the top three virtual currency exchanges in Japan. The daily trading volume alone is about 1 billion yen.”

At that time, the average daily trading volume of domestic exchanges was only around 1.2 billion won.

However, when the trading volume of 1 billion yen, which is 8 times that amount, came out, the complexion of the Korean exchange quickly hardened.

“Furthermore, we have coin swap partnerships with leading overseas exchanges, so you can trust and trust us.”

Nakajima’s voice was full of confidence, as if he had already won a contract. However, representatives of domestic exchanges did not stand still.

“Japanese exchanges have clear limitations. Not only is it not translated, and account registration in Korea is limited, so what’s the point of having a lot of transactions?”

“That is 100% correct. And in Japan, rumors are spreading that the government is taxing cryptocurrency.”

Representatives of domestic exchanges, who were busy fighting each other until just now, team up and attack the Japanese exchange.

“Annit! That’s false. b*tcheck already has a Korean translation page. And why is there some crazy tax talk here?”

As if Nakajima was excited, even his fluent Korean pronunciation began to twist.

The more so, the domestic exchanges unite and bite the weak points of the Japanese exchange more persistently.

“Japanese exchanges are technically unreliable. Which country’s exchange was Mt. Gox, which went bankrupt due to the hacking incident?”

“Oh, right. Wasn’t that the Japanese exchange?”

“Domestic exchanges boast impeccable security by partnering with professional security companies. I’m using a security program that goes into the bank’s website.”

“you’re right. In terms of security, it is practically on par with banks.”

If you listen carefully, it was a series of nonsensical nonsense, but Nakajima, who was alone, couldn’t come to his senses as the two continued to beat him.

His face is getting more and more red. I felt like I was about to leave my seat and get up.

The lesser I intervene in their quarrel.

“Calm down for a moment. Would you like to hear my story first?”

The fuss subsided for a while, and the atmosphere became possible for conversation.

“To be honest, we were thinking of signing a consignment contract with an exchange that could attract the most investors.”

The exchange with the largest trading volume here is Japan’s b*tcheck. As a result, Nakajima’s expression suddenly brightened.

“But from what you said, each exchange has its trade-offs, so you never know which one will attract the most investors.”

“So what is CEO Shin thinking?”

“I would like to sign a consignment contract for Acorn Coin with all three exchanges.”

The reaction of being full of energy took the lead, and there were also people who openly frowned.

“Of course, I am not going to sign everyone without an advantage.”

“then… … ?”

“We would like to give the exclusive listing rights of Acorn Coin to the exchange that recorded the most sales in the future.”