Coin Conglomerate After Release

A buffet-style restaurant that is common in areas where officetels are concentrated.

The price of 9,000 won per meal is burdensome, but the menu is so good that it was a hot place crowded with office workers at lunchtime.

The TV in the center of the restaurant was broadcasting the news as usual.

-Namo, CEO of Bithit, a virtual currency exchange, was sent to the prosecution on charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.

The news was reporting the case of Cycash, which went public not long ago.

It was a very famous case, and many young people invested in it, so all the eyes of the restaurant customers were focused on the TV.

-Namo sold virtual currency with former CEO of Cy Club, Mr. Jung, but in reality, he is accused of manipulating exchange rates and embezzlement. Accordingly, the prosecution is trying to determine whether there are other charges besides fraud… … .

While the news is out, heated voices pour out from all over the restaurant.

“Ugh, those killers. It was right that I listed it with the intention of hammock from the beginning.”

“Chief Kim from the next office put in 200 million or so and went to the company and made a fuss. You don’t seem to be going to work these days… … .”

“My friend invested there and is now divorced, so he is in the middle of a lot.”

“Didn’t I tell you from the beginning? Just looking at it, it’s a scam. Cryptocurrency or whatever doesn’t make sense in the first place.”

“Shouldn’t the reporters who wrote the PR articles be arrested for fraud as well?”

In the middle of the damage cases and savory curses going back and forth for a while, someone raises a question.

“But why did the police move so quickly? Originally, most cases like this end up dragging the time.”

“Rumor has it that the culprit turned himself in. Since the CEO of Beat Hit tried to gulp it by himself, it seems that an accomplice used the water ghost operation.”

“and. it’s real trash Even if you couldn’t do it, you would have taken billions of dollars, but are you betraying yourself to eat more?”

“So you’re running a scam.”

People sitting in restaurants are busy cursing scammers, exchanges, and virtual currencies.

However, only one place, people sitting at a table in the corner, quietly stuff rice into their mouths.

They were the cryptocurrency developers of WHTS Company.

“cadet… … Why does news like that come out just when we come to eat?”

“Eat quickly and go.”

“Just get up. I think I’m going to pretend like this.”

Everyone was grumbling and getting up from their seats, but one developer came out in a fit of rage.

“No, why do we have to look like sinners? What was wrong was the beat hit. To be honest, not all companies that issued stocks are criminals just because someone cheated with stocks.”

“That’s true, though. I can’t help it because people don’t know what cryptocurrency is.”

“Because I am proud, I will eat until the end and get up. Let’s go first.”

As usual, his stubbornness was great, so the staff who got up first noticed each other.

In the meantime, the previous report ends on the TV and the screen flips. The place the camera focused was in front of a very familiar looking office.

“Me, over there. Isn’t that our office?”

“Hup! that’s right.”

It was. The office in the TV was in front of the WHTS Company where they work.

– This is the next news. In the midst of many victims due to virtual currency investment, the news of another virtual currency listing is causing controversy. The virtual currency listed this time is an acorn coin with the motif of an acorn used in Cy Club… … .

When the words Cy Club and virtual currency come out of the mouth of a news presenter, sharp reactions pour in from all sides.

“Cy Club? Aren’t they trying to make money again? How long has it been since the accident happened?”

“Obviously. I want to get rid of it quickly before it gets blocked by the law.”

“They’re very little bastards.”

“If people fool you once, they will never fool you twice.”

At this point, WHTS Company employees were not in a situation where they could eat.

It was an atmosphere that would be hit even if it was a secret on the day they were found out.

Everyone left the restaurant as if they were running away, and even the staff, who had held out with pride, quietly put down their spoons.

“I… … Do I have to go to work while being treated like this?”

* * *

After the Cycash fraud case, the news of the listing of Acorn Coin, and the postponement of the release of Cyon, public opinion became extremely harsh.

Not only was it beaten by the media, but even the Internet community, which was friendly to cryptocurrency, was treating Acorn Coin with suspicion.

Concerns were also raised within the company.

At every meeting, I had to hear whether it was necessary to go public at this timing or whether it would be better to postpone it until next year.

But my thoughts were different. In the original suspicion, the truth is not revealed over time, only the bad side is remembered.

To prevent such a situation, I decided to proceed with the listing of Acorn Coin.

Shortly thereafter, a person from CoinFever in the US arrived for a final check before listing.

The person in charge was Jane, who made the first video call.

“If the listing is postponed to next year, more investment may be raised. However, to the general public, Acorn Coin will forever be remembered as a fraudulent coin.”

The blond woman sitting across from me nodded, but on the other hand, she couldn’t stop her serious expression.

“I understand Watts’ position. But I hope you understand our position as we have to take risks together.”

“Of course, the decision was made after considering the position of CoinFever.”

Jane’s eyes narrow.

Either that or not, I’ll continue with what I wanted to say.

“You’ve already advertised your 100th coin on CoinFever’s tweet, but isn’t it out of shape to be bitten now?”

“It’s because I’m not in a situation where I have to worry about losing my shape right now, right? Negative news about Acorn Coin spread in the US as well. Listing at a time like this would have disastrous consequences!”

“Then, when do you think CoinFever should go public?”

“Yeah… … .”

I speak quickly before she can answer.

“Scam coins such as Cycash will continue to appear in the future. So, should we delay listing every time that happens?”

“Don’t force yourself. This case is special.”

“It’s nothing special. I can assure you that whenever there are similar scam coin incidents, our image gets worse when it gets worse, never in a good way.”

Whether Jane agrees or disagrees on that point, she waits for the next words.

“I plan to break through this controversy head-on with the successful listing of Acorn Coin. If successful, rumors like scams will naturally disappear.”

“What if it fails? Have you thought about what to do then?”

“no.”

She raises her hands and makes an absurd gesture.

“Where the hell does that baseless confidence come from?”

“It is confidence based on solid evidence. I have two victory cards that can be used for this listing.”

“What is it?”

“The first card is an airdrop.”

Airdrop means free distribution of coins in the virtual currency market. Usually, when listing a new coin, it was often done for marketing purposes.

‘The first airdrop only appears in the second half of 2017, when virtual currency skyrocketed. So now, in 2015, it will be a groundbreaking marketing tool.’

I briefly explained the concept of airdrop to Jane.

Then, she gives out a negative opinion first.

“Isn’t the risk too great? If you even distribute it for free while there is suspicion of scam, the perception will be worse.”

“There are risks in everything.”

“That’s true, but… … Well, it’s such an unfamiliar method, so I don’t know what the result will be. And since Acorn Coin is already known as it is known, wouldn’t everyone know it even if it wasn’t distributed free of charge?”

As she said, there will be no one who doesn’t know acorn coin if you have encountered virtual currency. It’s a problem because that’s the bad side.

“So it is important to attract people who are not interested in cryptocurrencies.”

“It’s easy to say. I know because I run an exchange. Acquiring new subscribers is never easy.”

“I plan to give acorn coins to all CyClub users.”

Cy Club has 32 million subscribers.

This airdrop is like a super-scale marketing to half of the Korean people.

“Aha, since Acorn Coin is being created with the goal of interlocking with Cy Club, it would certainly make a justification for free distribution.”

“And it can imprint the difference from Cycash, a scam coin.”

“What a great idea!”

For the first time, positive words came out of Jane’s mouth. At this point, the persuasion to go public seems to have been successful.

“Wait.”

Jane thrusts her face right in front of my nose, where I’ve been careless for a moment.

“You should also tell me the second card. You said there are two victory cards.”

“It was.”

Her eyes were shining brightly. It’s a look full of anticipation that’s burdensome.

I smile broadly and turn around.

“Let’s check that on the day of listing.”

* * *

Since the listing date of Acorn Coin was set, the entire company has been busy like crazy.

It was daunting just to prepare for the coin listing, but with the simultaneous opening of the Cy Club, the work to do doubled.

“On the opening day of the Cy Club, the number of visitors inevitably overflows. Don’t worry about money and expand the server in advance. Our server alone is not enough, so make a contract with an outside company and check the queue program in advance.”

Visit the Cy Club development room and solve the server and cost problems that will inevitably come.

“U.S. BitFever alone cannot embrace Korean users. So, we will be listed on Coinup, a domestic exchange.”

The procedures necessary for airdrop are also prepared step by step.

“We will release all unnecessary elements from the Cy Club app. However, please allow users who have visited after a long time to feel the sensibility of the 2000s.”

In addition, as I participate in the development of Cy Club itself, days continue when I feel like I am not enough even if I have 10 bodies.

Fortunately, however, the work went smoothly thanks to the unison of the staff.

In particular, the core virtual currency development team voluntarily went to work 7 days a week, burning their passion.

It’s true later, but the coin development team heard all the swear words from the outside, so they said they were full of evil saying that they would somehow make this case a success.

‘Everyone had a lot of trouble. After this listing is over, I need to take care of the employees first.’

I don’t even know how time goes by because I’m immersed in work every day.

It seems like it hasn’t been a few days, but 4 weeks have passed, and the D-Day of Acorn Coin’s listing has arrived.