server down
The opening day of Earth Channel is approaching in a week.
Earth Resource’s shopping mall and cloud business were expanding day by day.
The growth rate is frightening, but in fact, the feeling was only in numbers.
In contrast, Earth Channel was to create a space for the public to enjoy together.
―Vice President Jeong Beom-tae: Drama, movie. The works produced by Dream Art Rainbow have been uploaded. Entertainment is added every time you finish editing.
―Kim Shin: Thank you for your hard work.
dramas, movies, entertainment.
There were several works that were first shown on Earth Channel, and contracts for the transmission rights of masterpieces made a long time ago in Korea and the United States were also concluded.
―Kim Sang-gi: The game team is always ready for broadcast.
The Earth Game Team recruited a lot of popular gamers from Korea.
Famous gamers waited for the Earth Channel to open.
“Shinah, what do you think it would be like to create a game subscription system?”
“A game subscription?”
“There is no law requiring only broadcasters to have a subscription system. The game is also a subscription.”
“Like the PlayStation?”
Oh Myung-woo suggested it.
In the past, in order to enjoy a game console like the PlayStation, you had to buy a game pack.
As it became connected online, Internet downloads became possible, and later, a subscription system was created.
A way to release old games and a few popular games to subscribers every month.
“It’s a subscription for our company’s games and, if you want, games from other companies.”
“Film and TV. It means that you can subscribe to all the games.”
“Wouldn’t that be fun?”
I thought about Oh Myung-woo’s proposal for a while.
Even game lovers had a hard time buying all the games.
If you enjoyed the game using the subscription method, there was definitely an advantage.
You can play a game that you didn’t think was your taste and fall in love with it.
“Subscription systems are nice, but will game companies accept them?”
“We just have to pay for each time the users play the game. The Earth Channel will also distribute the games by downloading them at a low price, and we will minimize commissions.”
When users play the game, it is suggested that users pay a fee instead, and that the game distribution fee is less than 10%.
I couldn’t make ends meet with a subscription fee of $5, so I decided to create a separate rating and set it at $10 if I even use the game.
“Because the identity of Earth Channel is fun. Let’s do that.”
$5 and $10 plans.
I’m trying to set the fee myself, so I can’t accept a lot of money out of conscience.
It was a latecomer compared to Netflix, and the reason was that the amount of content in the early days of Earth Channel was not so large.
Users will be turned away if they charge high rates when they are just starting out.
‘At first, I was going to start simple. It grew as things grew. If this is the case, there will be a big deficit for the time being.’
I wondered if it would be difficult to avoid a deficit equal to the size of the investment.
Then, I suddenly saw Na Sang-guk’s writing in the group chat room of Arkor.
―Na Sang-guk: I think I will watch the Earth channel subscription fee no matter how much it costs.
―Park Hwa-young: Even if it’s 30 dollars?
―Na Sang-guk: Yes! There is money that Kim Shin has earned so far.
Up until this point, I had only thought of saying thank you.
If it was 30 dollars, I could have thought of it as money paid for congratulations and condolences with acquaintances.
―Na Sang-guk: It’s okay to say that the rate plan is $100. Instead, can’t they give you source coins like shopping malls do?
‘Source Coin?’
―Na Sang-guk: It’s expensive because you want to buy Source Coin yourself. It couldn’t get any better than releasing it directly from Earth Resources.
Earth Shopping Mall provided Source coins equivalent to 5% of the purchase amount.
It was a small gift event compared to just giving out a 10% coupon at the shopping mall, but the price of Source Coin exceeded $5.
If you buy something worth $100, you get 5 source coins.
However, if you sell this source coin on a trading site, you can get 25 dollars.
―You can buy it at 25% cheaper at Earth Shopping Mall!
– Gazua! go go go!
―Except for the shipping cost, it’s a great deal.
―The Holy Land of Card Gang!
Since you can receive source coins, there have been cases of people who urgently need money playing cards such as electronic products at the Earth shopping mall.
It is to buy at a 25% lower price and sell it as new or used to get cash.
And a few months ago, the price of Source Coin exceeded $10.
―Half-price discount shopping mall
―The generosity of returning 1 million won in source coin when you spend 2 million won.
―Do you buy luxury goods at department stores? You should buy it at the Earth Shopping Mall!
– Crazy. If you don’t sell the source coin and keep it as it is, if it doubles, isn’t it 100% of the original money back?
-This is a holy place.
―It is the cheapest to buy a mobile phone at the Earth shopping mall and sign up for a budget phone.
―Do not exchange source coins with Earth Resources, sell them on coin trading sites!
―Small coin trading sites are not supported. However, large sites provide support.
Even Korean coin exchanges have started to support source coin trading.
A kimchi premium was created and traded at a price slightly higher than the international market price.
―I changed my computer at the Earth shopping mall. Change your phone too. But why do I feel like I’ve won my life?
―It was the first time I had such a proud shopping experience. The stack of source coins is good.
– Kyaha. Still collecting bitcoins? I staked my whole life on Source Coin.
―I bought all the home appliances. My wife tried to slap me on the back, but kissed me after realizing that I bought it at half price.
―Newlyweds get married at Earth Shopping Mall!
Earth Shopping Mall was the fastest in Korea, but purchases from all over the world surged.
The structure inevitably increases the merit of purchasing from the Earth shopping mall as the price of the coin rises.
Earth Resource finally exchanged it for 1 dollar, so there was no loss even if the price of the coin went up.
Nevertheless, all stocks in shopping malls are out of stock, and card cracking has become so severe that the existing distribution order is destroyed.
There were almost no purchases under $50 at a time, and there were many purchases over $2,000 each containing all sorts of items.
[Notice! Please refrain from buying unnecessary items to acquire source coins.]
I posted a notice, but the sales and profits of the shopping mall soared every day.
By the time Sourcecoin’s price exceeded $10, no publicity was needed.
-ruler. Go in aaa!
―Full bets completed by spinning 7 credit cards!
―To be filial to my mother-in-law, I ordered a TV with the family saving money. Why do I have 500,000 won left after I bought an expensive TV?
―When you spend money, you get Source Coin. I feel richer!
―Thank you, Kim Shin. Let me make money by investing in US stocks, and when I spend money, let me spend it at the Earth shopping mall and give me half cash back!
―Kim Shin as president!
More than 10 times more than the source coin that is solved by calculation came out through the shopping mall.
I thought that if the source coin was released in large quantities, the price would fall and the shopping mall business would normalize.
-Increased trading volume. Honey!
―The KOSDAQ is not so unverified. It’s nice to have more source coins.
―I hope there will come a day when you can buy ice cream with sauce coins.
The more source coins there were in the market, the higher the price.
What was incomprehensible through economic logic was the coin plate.
As the price of Bitcoin rose to the point where the word virtual currency season 2 came out, Source Coin kept above $15 all the time.
Earth Shopping Mall was encouraging waste by purchasing unreasonable cards or unnecessary items.
It is unable to keep up with the increasing sales volume.
In the end, to prevent abnormal hoarding, a purchase limit per person per month was adopted.
‘It’s a source coin payment… … .’
Na Sang-guk’s idea didn’t sound too bad.
Coins were also an indispensable part of Earth Resource’s business.
“Diane, as a bonus to anyone who chooses the $10 plan, we’ll give you one source coin every three months.”
In order to stabilize the price of Source Coin, it was also an incentive for as many users as possible to join the Earth Channel.
* * *
“Everyone went to work.”
“20 minutes before opening.”
Employees at Earth Resource went to work and waited for the moment the Earth Channel opened.
After a long time, hundreds of employees came out to the company and were looking at the status board.
[Subscribers: 0
accessor: 0]
The board hanging on the wall displays Earth channel subscribers and concurrent users.
Oh Myung-wu said as he leaned back in his chair.
“Final test no problem, we did everything we could.”
“yes. Although it’s not enough… … There is still time.”
Content required a steady investment and time.
The goal is to create fun that people can enjoy even after 10 or 20 years on Earth Channel.
“Let’s not feel too pressured. The Earth Channel will be a fun enough place.”
“okay.”
While drinking mixed coffee, I quietly watched the passing of time.
The Earth Channel opens at 10:00 AM in San Francisco.
It was 2 o’clock in the morning in Korea.
‘Considering the population of Korea, about 2 million people will come, right? If you connect from the US, then… … If it starts with 10 million people, it will be a jackpot.’
Internally, it set a standard that if there are 30 million subscribers on the first day, it is a jackpot.
‘The initial reaction is important.’
Depending on the number of subscribers in the first month, the operating direction of the Earth channel could be different.
Depending on monthly sales, the amount of content investment is inevitably different.
It is impossible to continuously invest billions of dollars in OTT, which is viewed by 10 million people, even if the business suffers initial losses.
KakaoTalk!
KakaoTalk!
Oh Myung-woo’s cell phone kept ringing.
“Who is sending from Korea?”
“Jeongyeon.”
“yes?”
“There are earth girls. When the earth channel opens, they will also broadcast live. I beg you to see it.”
“okay? What did you reply to?”
“I’m busy with work at work.”
Oh Myung-woo was a fan for a while, but his reaction was calm, as if he were seeing his younger sister.
‘Even if I don’t get married, I just need to live happily alone.’
In Korea alone, the marriage and birth rates are falling, but the divorce rate is rising.
If you live happily even if you are not married… … .
KakaoTalk!
Text messages were also coming to my cell phone.
―Jin Yoo-gyeong: I hope the Earth channel will be a hit! Make a lot of money!
Since it was a text from Jin Yoo-gyeong, I passed it lightly.
Originally, I hadn’t been in a lot of relationships, so I didn’t have a good eye for women.
Jin Yoo-kyung is pretty, talented, and the daughter of a wealthy family, but from the first time I saw her, I only enjoyed it.
Moreover, while staying at home, the thought of having to live together once we get married seems to have only increased the pressure.
―Elly: I have high expectations for Earth Channel. We are analyzing that the number of subscribers will exceed 40 million on the first day.
-Kim Shin: Really?
―Ellie: Yes. On Wall Street, there is even a fund that sells Netflix short.
Get cheers from Ellie.
―Tom: It’s finally starting. I’ll be rooting for you from Los Angeles.
-Kim Shin: Thank you. Tom.
Tom Cruise.
I was holding the premiere of Top Gun at a hotel in Los Angeles with other cast members.
Although the release was delayed due to the corona, screenings will begin on 4,000 screens across the United States as soon as it opens on Earth Channel.
It’s a sudden schedule, but it’s possible because the openings of other works are being postponed one after another.
―Joshua: I can do well. cheer up!
I got a call from Jo Soo-ah.
Until now, she has always liked and supported me.
―Kim Shin: Thank you very much.
And it was 10 a.m. when the Earth Channel opened.
[Subscribers: 0
accessor: 0]
“yes?”
Even though it was past 10 o’clock, there was no change on the screen hanging on the wall.
I made an assumption that tens of thousands of people would log in in the worst case scenario.
Even so, doesn’t 0 make sense?