Coin Conglomerate After Release

The office he got in Pangyo was originally a modest office space with only a desk, phone, and laptop.

However, since the additional development team was hired, the number of computers in the office increased one by one, and now it looks like a development room to anyone who sees it.

“The hacking attack targeting the security vulnerability of Acorn Coin was successfully resolved. As a result, the market price of Acorn Coin, which had fallen slightly, returned to the normal level… … .”

In a cluttered office, the only space where people could gather was the circular desk placed in the center.

Now, all the staff are sitting there, and the meeting is in full swing.

All employees are me, Park Tae-sik, Lee So-young, and 3 developers and 2 development assistants, all 8 people.

If packaged well, the atmosphere was like an IT venture company, and to put it raw, it was an atmosphere that was dragging development without a livelihood.

atmosphere.

I think this atmosphere, more than anything else, determines the direction of the organization.

In order for WHTS to rise from the level of a small venture company to a higher level, the first thing to do was to change the environment and organize the atmosphere.

Took.

When I tap the desk lightly, everyone’s eyes are drawn to this direction.

“Let’s wrap up the meeting at this point, so please follow me for a moment. I have a place to introduce you to.”

The place I headed was the floor directly below the office we were using, an office connected to rooms 503 and 504, which had recently become vacant.

Sigh.

Upon opening the office door, the fragrant aroma of coffee greets us.

The interior has just been finished, so there is a bit of an odor mixed in, but the strong smell of roasting coffee more than offsets the odor.

“Here… … cafe?”

“Wow, that’s amazing. There is a cafe on the 5th floor of an officetel.”

Surprising sounds come out of the mouths of the staff who came in after me.

“This is not a cafe, but a development room that you will use in the future.”

“Eh? Is this the development room?”

“Anyone can see that it’s a cafe… … .”

It could have been mistaken for a cafe. It was because the interior was entrusted to a company specializing in opening cafes.

Starting with the wall decoration, the counter, menu board, coffee machine, and even the roaster are all the same as those used in the cafe.

If it’s different from a cafe, it’s still a development room, so it’s equipped with desks and chairs that are comfortable to sit on for a long time.

“Even the coffee machine and grinder here are all real!”

“Then can we have real coffee too?”

“oh my god! You should take a picture and brag about it.”

Employees are scattered and busy looking around the new office.

In the meantime, Lee So-young sneaks up to her and starts talking to her.

“CEO, is this really the development room we will be using? isn’t it? Are you kidding?”

“I’m not kidding. Didn’t Soyoung want this?”

“Me?”

“Last week or so, I asked what I wanted the atmosphere in the development room to be like, but I can’t seem to remember.”

It was only then that she remembered, ‘Ah!’ I let out a surprised voice.

“At that time, I thought you were asking about the atmosphere, so I said I like something more comfortable like a cafe.”

“If you want to create a comfortable atmosphere like a cafe, you have to make it as similar to a cafe as possible.”

“It is, but… … .”

“Do you not like this interior?”

Lee So-young hurriedly shook her head.

“no. I absolutely love it. I just wondered if I was investing too much… … .”

It is true that the cost was five or six times as much as the regular office was decorated like a cafe. But cost is not a factor at all for me now.

“This office is an investment in our development team.”

“Is this an investment?”

“I want to build a virtual currency development team with the best people. In order to do that, providing the best environment is the first thing to do.”

There are many developers in the world, but very few developers have excellent skills and even understand the concept of cryptocurrency.

In addition, such high-quality personnel are not recruited simply because of a high salary.

You can barely recruit them only when you meet various conditions, such as the size of the company, welfare, working conditions, project direction, and sustainability.

Looking back, recruiting professional developer Lee So-young was close to a miracle.

“First of all, we are planning to increase the number of developers to around 20 people. If you need So-Young, you can choose more than that.”

“I am hiring a development team. That is nonsense.”

“I don’t know what makes no sense. Didn’t So-Young bring all of the current developers?”

“This time, I asked my acquaintances to help me for a while because I had to launch a coin in a short period of time. Forming a formal team with that is a completely different matter.”

Lee So-young must have been confused for a long time with her mouth open like a crucian carp, then spat out the words with difficulty.

“CEO, I’m only 22 years old.”

“Vitalik Buterin was 18 when he created Ethereum.”

“Oh no, he’s a genius!”

“From what I’ve met in person, you don’t seem to be much different from So-yeong, right?”

She lets out a shallow sigh. I think he noticed that I wouldn’t give up.

“I am… … Can I?”

“There is no better person in Korea than Mr. So-young for this job.”

“Who is it?”

“That’s how my eyes are.”

When the word discernment comes out, Lee So-young, who had a serious expression on her face, let out a big smile.

“What are you going to do if you endow me with authority and only spend a lot of money and go bankrupt?”

“Is there anything special? At that time, I have to blame my eyes.”

“Is that all?”

Without a moment’s hesitation, I nodded.

“Really… … This is the first time in my life that I have met a representative like you.”

The bottom of the organization can be loyal to the organization if given carrots such as high salary, promotion, and welfare. However, the managerial level who leads the bottom is absolutely not like that.

What they need is the unlimited trust and recognition of the head of the organization.

Although this is knowledge I learned from gangsters while incarcerated, I knew that it also applies to corporations in general.

* * *

New office and interior, staff recruitment, advertising expenses, etc.

Once you start spending money, the money starts to flow out like a burst of water.

In addition, after a while, we needed funds to acquire Cy Club, so we had to prepare in advance for an expenditure of 3 billion won, even if it was a small estimate.

“Currently, the remaining money in the company is the initial fund of 1.7 billion, 500 million invested in Cy Club and 900 million after deducting miscellaneous expenses. So you need at least 2.1 billion more to go as you planned. and… … .”

Park Tae-shik, who is in charge of finance at the company, knocks on the financial report he brought, as if his throat hurts from talking hard.

I meant to read it myself.

“You always whined about lack of money, but you still secured an additional 1 billion won? Where did you get this from?”

“I made a loan with bitcoin as collateral.”

“Can I get a mortgage loan?”

“Oh no, don’t talk. There is no place in Korea that recognizes cryptocurrency as an asset, so I went to a Japanese bank and managed to do it.”

Certainly, Park Tae-shik has experience of rolling and rolling in the industry, so he is quick in this field.

“uh? for a moment. If it’s a mortgage loan, then that means the company’s Bitcoin is tied up in the bank, right?”

“of course. A loan contract is valid only when the collateral is intact.”

Currently, the company holds a total of 9,031 bitcoins.

Converting this to today’s market price of 331,200 won is 2,991,067,200 won. It is about 3 billion won.

“It is difficult if the company’s Bitcoin is tied up.”

“What are you having trouble with? You said you would never sell Bitcoin.”

It’s true that I said that. In the future, Bitcoin only has to go up like crazy.

But in everything, there is a what-if.

“But in case of an emergency, you should be able to take it out and use it.”

“Ah, I worry about everything. When there is a real emergency, you can just take out the bitcoins from that wallet and use them.”

The ‘wallet’ mentioned by Park Tae-shik refers to the electronic wallet in which the 44 billion won stolen from Las Vegas was converted into bitcoin.

“You mustn’t touch that wallet.”

“why? If there are 130,000 of them, you can use about 5,000 of them. That alone would be 1.5 billion.”

“It doesn’t matter how many you take out. The moment you exchange the bitcoins in that wallet… … The fact that we robbed embezzlement accounts will be exposed.”

Park Tae-shik looks like he was unaware of this fact at all.

“Bitcoin is an untraceable cryptocurrency?”

“Only when you are on the network anonymously. I have to go through a virtual currency exchange to exchange money, but do you think the exchange will keep the secret?”

Leakage of customer information is common in large corporations and banks. However, there was nothing to say about virtual currency exchanges that were not subject to any legal regulation.

“No, Woohyuk. Then if you can’t spend any money in that wallet… … You’re saying that over 40 billion dollars is a piece of cake.”

“It’s not that I can’t write at all. There are ways.”

“Tell me quickly. Otherwise, you may get a stomach ache and reflux of gastric juices.”

Park Tae-sik That guy, you really need to know about overdoing it.

“The point at which our information is exposed is when we apply for exchange at the exchange. You need to have a real account anyway to get dollars or won.”

“How about getting it in a borrowed-name account? Or there are secret accounts in third countries.”

“That, too, will eventually have to be withdrawn, but then the tail is bound to be stepped on.”

The case in which a criminal organization was arrested by the FBI for attempting to withdraw bitcoins to a borrowed-name account was an all-too-famous story.

“If it’s not a borrowed-name account, what are you thinking? Bitcoin itself would have little use for it.”

“I’m going to buy another coin with my bitcoins.”

“Oh, I see. How many times do you change to another coin to wash? right? Then it will be difficult to track.”

That’s a good method, but there’s a very big problem here.

What will happen if tens of billions of dollars come in and out of the still immature virtual currency market?

‘Bitcoin will survive at least, but other job coins will not be able to endure and will sink to the bottom in an instant.’

I don’t know what kind of butterfly effect will happen to the virtual currency market due to my actions like this.

That’s why I thought to handle this work in a way that brought only positive factors without side effects as much as possible.

“I’m thinking of buying all the acorn coins with the bitcoins in that wallet.”

The moment the word acorn is mentioned, Park Tae-sik stops moving like an overloaded robot.

“lets think. What would happen if tens of billions of dollars were poured into acorn coins? The value of Acorn Coin will also be pumped hundreds of times, right?”

“aha! At that time, we can print acorn coins, sell them, and raise money.”

“That’s right.”

Park Tae-shik can’t hold back his excitement and bangs on the corner of his desk.

“and! Shin Woo-hyuk, you crazy guy! How do you come up with ideas like this every time?”

“Whoa, calm down. For this operation to be successful, we must first solve the prerequisites.”

“I know that too. Acorn Coins need to be listed on the exchange. Then it will be an official transaction.”

“It’s not enough to just list it. It needs to be listed on a very large exchange that can take our money.”

As if Park Tae-shik knew these words would come out, he tapped my chest.

“If that’s the case, don’t worry. Because CoinFever in the US has already asked for listing.”

CoinFever is one of the world’s three largest cryptocurrency exchanges.

If it is an exchange of that size, it will be able to withstand even if we hit tens of billions and pump acorn coins.

“Good. Schedule a meeting right away.”