Chapter 162
Coin evaluation system
〈Kim Shin Confirms Acquisition of Arsenal for $3.1 Billion〉
〈Arsenal Finally Got Super Rich Owners〉
Arsenal officially took over.
Unexpectedly, Oh Myung-woo and Eddy were very happy about this.
“It’s a pity that it’s not Barcelona, but it’s good.”
“Iknow, right. Although Real is fundamental.”
“Did you two like soccer?”
It was the first time I learned that Oh Myung-woo likes soccer.
I had never seen him play football while in college.
“I enjoy playing football every season.”
“yes?”
“Do you know how much money we spend to build a team every time the FIFA series comes out?”
“Right. I think I spent 30,000 dollars on card fraud.”
“… … .”
Every time a game came out, the two said they enjoyed soccer as a team cheering each other on.
Hyeon-jil had no choice but to pick a good player card to improve his performance.
Thanks to that, I know a lot about the skills, potentials, and specialties of quite a few players.
―Vice-Chairman Seon Jae-yong: I maintained sponsorship with Chelsea in the past, and I was instructed to make a good relationship with Arsenal.
-Kim Shin: Yes. thank you
I got a call from a heterosexual group saying they want to sign a uniform sponsorship with Arsenal.
―Kim Sang-ki: Korean companies say they want to sign a sponsorship with Arsenal.
―Kim Shin: Sponsorship all of a sudden?
―Kim Sang-gi: It’s thanks to you taking over. If it’s Arsenal, it will have a publicity effect.
Korean companies sent sponsorship offers through Kim Sang-ki, who runs a gaming team.
In the US, companies with business ties have been asking about marketing.
‘It might be fun to run a soccer club.’
Even though he owns the Mets, he hasn’t had time to watch baseball, which he plays almost every day.
Soccer is usually played once every 3 or 4 days, and the game time is not that long.
“Hello, owner.”
“yes. Nice to meet you.”
Arsenal staff came into the video conferencing system operated by Earth Resources.
1st team manager Miguel Arteta, general manager Josh Cranki, technical director Edu Gaspar, 2nd team manager and coaches, captain Martin Ödegaard.
“Please understand that I am busy with work, taking over the club and replacing the first greeting with a video conference.”
“No, my lord. It is a great honor to meet you. The Earth Channel is very popular in the UK. I know how much there is a love for football, videos about sports and exercise.”
“… … .”
I didn’t like football.
How many times have you been forced to participate in the early soccer club along with the hospital directors?
To be honest, you will disappoint those who are betting their lives on football.
“I also enjoyed soccer a lot in Korea while working for a company. It is an honor and I am very excited to take over Arsenal.”
After a brief talk, I decided to get straight to the point.
“First, you might be wondering about investing in Arsenal. In conclusion, we will invest more than any other club in the Premier League to ensure that the manager can sign the player he wants.”
He promised to recruit outstanding key players and support them to have the best training environment.
As soon as I took over Arsenal, I received a lot of calls from companies wanting to establish sponsorships, so it didn’t seem difficult.
‘Because of this, it’s like playing a real soccer team management game.’
For anyone who loves football, playing for a prestigious club in Europe is a dream.
It was a world where people with a lot of money could enjoy running a soccer team to their heart’s content.
* * *
At Earth Resources, the work done over the past few months has paid off.
“CEO, the coin evaluation system work has been completed.”
Report from Coin Division Leonard.
On Earth Resources, 80 billion dollars worth of coins were traded per day.
A leading cash cow with over $83 million in daily fee income.
Calculated in one year, profits of up to 30 billion dollars were generated from the coin exchange.
“The evaluation took a long time.”
“yes. It was a great job.”
We started evaluating virtual currencies and recruited financial staff.
Still, it was not an easy task.
The total market capitalization of virtual currencies is $2.5749 trillion.
The amount itself is astronomical, but there are so many coins with low market caps.
The evaluation of the companies that issued the coins was done at the same time, and even complex algorithms had to be analyzed.
“Is the source coin grade C?”
“yes. We decided that a C grade was appropriate.”
To be disappointed that the source coin is only C grade, most coins were in risk grade E or F.
Class D is completely speculative.
Sourcecoin is in the C grade along with Bitcoin and Ethereum, but it was also an investor attention grade.
In fact, it is a rating that requires you to be prepared to lose money by investing.
‘Looking at it calmly, this is correct.’
I was convinced by looking at the evaluation table.
Not too long ago, the price of Source Coin exceeded $40.
The secret to popularity was that Earth Resources’ business was doing well, but Source Coin did not share the company’s profits and assets.
It is just a matter of issuing coins and assigning values to users.
Most of the E and F grade coins were circulated without any special plan.
Coins that rise by 1,000% just by supporting transactions on the exchange.
In particular, in the case of Loona, which received an F grade, it was only linked to Tay, another virtual currency, and had no value.
“At this rate, it will be difficult to publicize the coin evaluation.”
Leonard said hesitantly.
Even the person who proposed to have a coin evaluation system seemed not confident in the results.
“Is there something wrong with the rating system?”
“Not really. We have been verified several times by seeking advice from financial companies on Wall Street.”
Coin evaluation results could not help the exchange’s profits.
thoughts nonetheless.
‘Wouldn’t this be an opportunity now?’
Along with people’s interest in the coin market, money aimed at making a fortune was coming in.
Most people invest to make money rather than the future of coins, but there were people who lacked financial knowledge or were easily swayed by what others said.
“They say that if you buy source coin, it goes up unconditionally.”
“really?”
“then. Aren’t you watching the Earth Channel?”
“I am watching.”
“It is a coin issued by the place where the earth channel was created. If you just buy it, you will eat five times as much unconditionally.”
Investors were not prepared to make judgments for themselves and suffer losses.
People who participated without thinking that they would just climb.
There were the patriarchs of poor families, and young men with many futures.
Before the bubble burst someday and the coin price fell, now was an opportunity to extend a small hand to them.
The minimum responsibility that must be shouldered while operating the exchange. So I made a decision.
“Let’s publish it as it is.”
* * *
John and Kwon Do-jin’s wealth has increased dramatically this year.
The price of Loona has risen 80 times since the beginning of the year.
The trading volume increased by more than 40 times and became a major coin.
“Our success will not stop here. A free financial network out of the era of central government. We will be at the center of it.”
“Right, John. dollar era. After that, it will be the era of Roona.”
Tay Coin leading the decentralized financial network.
Roona, a stable coin linked to Tei.
Investors from all over the world flocked to them and they enjoyed great success.
“The market is crazy. Everyone goes crazy.”
“I didn’t expect it to be more crazy than it was in 2017.”
“Now we are the kings of this world.”
Kwon Do-jin posted a post on the newly opened Earth SNS.
[All systems are rational and open-minded Tei and Roona.
We will lead a fair and convenient future finance.]
-right!
―I only believe in Roona.
Earth SNS not only quickly secured users, but also had a cool feel.
You can gain trust from the public just by using Earth SNS.
‘Even though it’s Kim Shin’s SNS.’
Kwon Do-jin regarded Kim Shin as his competitor.
CEO of a hugely successful internet business.
If Tay and Rowona take control of the future currency, he could catch up to his fortune.
‘It’s just a year or two earlier than me. If Earth Resources is as successful as it is, what can Taform Labs not do?’
Remembering how Kim Shin succeeded, he did Earth SNS to make himself famous.
Occasionally, economists criticized Tay and Rowona.
[The algorithm that Tay and Rowona work together is not a sustainable system.]
To Dojin Kwon, the criticism was not even funny.
In reality, the price of Roona is rising every day, and the volume of transactions has increased.
Kwon Do-jin knocked on the keyboard in a luxury hotel in Manhattan.
[I do not quarrel with the poor. And I have no change to give her.]
-He has a lot of ambition.
―Economists talk a lot, but they don’t actually make a profit.
―Kwon Do-jin is right. Only economists don’t know that the world is changing.
Kwon Do-jin took pride in having achieved everything with his own abilities.
[If you fell for a Ponzi scheme, you are to blame.]
―Smart investors buy Loona.
―Thank you for paying interest.
-thanks. For increasing my money!
A lot of his followers gathered on his social media.
―I invested $10,000 in Roona, and now it is $600,000.
-Congratulations. I am over $2 million in assets.
―May Roona dominate the industry beyond Bitcoin and Source Coin.
Do-jin Kwon was having amazing success.
An uncomfortable article came out for him who dreams of a rosy future.
〈Evaluation Policy for Earth Resources and Coins〉
“Evaluate the coin grade?”
Even the coin division of Earth Resources has grown rapidly and has the second largest trading volume in the world.
The convenience, speed, and reliability of transactions were incomparable to other coin sites, and the success of the Earth channel led to an overwhelming level of customer inflow.
〈Earth Resource completes full investigation of current trading coins〉
〈A person in charge of Earth Resource, “We are looking at coins to establish a proper investment culture as CEO Shin Kim intended.”]
People posted on Kwon Do-jin’s social media.
―Earth Resources does it right.
―If you get a low or an A grade from Earth Resources, your trading volume will explode.
―It’s working well now, but it’s a coin that will do better in the future!
―It seems that they are trying to grow more coin divisions by dragging Earth Resources to Aggro.
Investors had a positive outlook, but Kwon Do-jin was somewhat uncomfortable.
If you evaluate coins, of course, the price of coins with high ratings will rise more explosively.
“Jim, this may not be a good sign for us. It will take away the leadership of the coin industry.”
“I think Kim Shin wants money.”
“Money?”
“Is there anything in the world that money can’t do? They say they evaluate coins, but in the end they want money back.”
“After all, like any other trading site.”
“right. That’s right.”
Coin trading sites buy a significant portion of coins as an investment before listing.
A business that swims on the ground because the coin rises several times when listed.
The Coin Division of Earth Resources had no such behavior, but from now on it seemed to be greedy.
“Contrary to Kim Shin’s appearance, he is really greedy.”
“Isn’t the greed for money endless?”