The so-called ‘staking’, which pays compensation coins when depositing acorn coins, has attracted a great response from investors.
Just as stocks give dividends, the fact that virtual currencies can generate profits other than market capitalization was a great advantage.
However, even after the announcement of staking, the acorn coin continued to decline, and the reason was the new service of CyClub that was announced at the same time.
[Psyclub’s short video service ‘Wats’ Beta version release notice.]
The new service Watts is a service that combines short videos with social media that emphasizes communication.
Looking at it this far, it might seem like a new attempt, but the problem was the promotion that came with Watts.
“Did you hear that it will be linked with Acorn Coin, a video service launched by Psy?”
“I heard you. phew… … The story is causing an uproar on the Internet.”
“It’s a really big deal.”
Those who gather from the morning and sigh are the virtual currency development team of WHTS Company.
For those who were only expecting market stabilization through staking, the sudden appearance of Watts was like lightning.
“How many coins do you want to scatter? If there are a lot of products going out as compensation, the market price of acorns will be smashed.”
“Iknow, right. This is not a temporary promotion… … .”
“If the market crashes, investors will come and make a fuss. My head hurts already.”
While everyone sighed with a gloomy expression, one developer cautiously raised his voice.
“By the way, what do you think CEO is doing with Watts interlocking?”
“What are you thinking? We are trying to pump new service users with acorn coins.”
“When we went public, we succeeded with the name Cy Club. So this time, I’m returning it the other way around.”
“If that’s the case, you can spray it only when you sign up. On the day when a new project goes bankrupt while continuing to sow… … .”
Right then. A woman’s voice comes from behind them.
“Have you already forgotten why the acorn coin was created?”
The development team members look back in amazement. There, Lee So-young, the head of the virtual currency development team, was standing with his arms crossed.
“T-Chief… … When did you come?”
“It doesn’t matter when I came. It is important that you forgot why Acorn Coin was created.”
Acorn Coin was developed to increase accessibility by grafting virtual currency into Cy Club, which is familiar to the general public.
Even the development team knew about it, but recently, as interest was focused only on the investment part of virtual currency, the initial plan was being pushed back.
“The connection between the Cy Club service and Acorn Coin was planned from the beginning. Does the coin lose its value if it serves its original purpose? Isn’t that too funny?”
Lee So-young’s remarks were completely correct in terms of the original use of the coin.
However, this alone was not enough to turn the negative perception of the development team around.
“The manager is right, but… … Still, it is true that we are concerned about linking with unverified new services.”
“I think I’d better be cautious. On the day when coins are released in large quantities by mistake… … .”
“How about opening a new service first, seeing the reaction, and paying coins after that?”
Concerned reactions are still pouring from the mouths of the team members.
Of course, when the price of Acorn Coin fell, curses poured out on the Internet, and the coin developer was criticized in the news, and there were people who even came to the office and made a fuss.
Even if the responsibility for investment lies with the investor, by the time they came this far, they weren’t the kind of people they could talk to.
After experiencing these things over and over again, the entire development team became intimidated and defensive without even realizing it.
‘Recently, the intensity of criticism against us has increased. Strangely, there have been a lot of false news.’
It is only once or twice to read and encourage team members, and in this environment, it was impossible to lead the development team for a long time.
Lee So-young decided to take a special measure that she did not want to use if possible.
* * *
Recently, there has been an explosive increase in articles criticizing the acorn coin, mainly in the Internet anonymous community.
At first, it was just a complaint, but in a few days, the level rose significantly, and today, primary criticism was poured into the bulletin board.
-A new Cy Club service? Did they get shot in the head? They say they give you coins just for uploading a video?
-Only the miners are playing.
-It’s fortunate that only miners come, but there is a rumor that game workshops are also preparing for acorn work.
-If you turn it into a macro, upload a video, and mine coins, it’s honey. Honey!
-Oh, it’s really like a dog. It’s good because the company promotes it for free with acorns. What’s wrong with ants like us?
-Shouldn’t you go to the company and protest?
-Is there still a black cow holding an acorn? throw it fast When it’s released, it’s a real bummer.
-Still, it seems like a good idea to give as a reward for participating in Psy-related services rather than just mining…
┗ This is absurd. Are you okay? this? Is that a decoration on your shoulder?
┗ It is unconditionally confirmed. So far, what has Psy released that has been successful?
┗ Please think and write.
┗Yam disease. Psy please don’t do anything! that’s what helps
┗ No answer.
Occasionally, articles defending Cy Club came up, but those articles were run down with malicious comments or hit with a deprecated bomb.
An unusually overheated atmosphere.
In fact, this kind of reaction on the Internet was not created by itself, but was artificially created by certain forces.
“ah. easy. easy. pigs and pigs. If you throw a little rice cake, you’ll be incited to come out, so you’ll bark.”
The mushroom-headed man giggling at the monitor is Na Min-seong, the former CEO of Beat Hit.
He was locked up in a detention center for fraud until ten days ago, but he was able to get a bail permit and barely come out into society.
‘Considering the money I spent to receive the jewelry… … It’s still grinding my teeth.’
While imprisoned in the detention center, Na Min-seong spent days and nights thinking about how to get revenge.
Since it was on bail, direct revenge was too risky. So, what I thought was the current cyber attack.
Click. Click. Click.
Na Min-seong bought a viral marketing company under a borrowed name and manipulated public opinion on the Internet in all directions.
Negative posts were posted, comments were made, and positive comments were systematically terrorized.
There are only a handful of cryptocurrency communities on the Internet, so a week was enough to spread negative vibes.
“Let’s see. How much do you want to eat today?”
Na Min-seong, who had been writing comments for a while, connected to an overseas virtual currency exchange.
The first information he checked was the market price of Acorn Coin, which he had just been pouring out malicious comments on.
Acorn Coin $2.605 (▼11%)
In half a day, the market price fell by 11%. After confirming the trend, the corner of Na Min-seong’s mouth rises.
“300 million in less than a day. Whoops. It’s salty.”
Unlike domestic exchanges that can simply buy and sell virtual currencies, foreign exchanges were able to trade various products with virtual currencies.
Among them, Na Min-seong bets on coin short selling.
To put it simply, it was a product that made money as the coin price went down.
‘I make money by harassing the acorn coin developers, and that’s what I’m digging, catching crayfish, watching you and picking mulberries.’
The plan was going smoothly, but Naminseong was not satisfied with this alone. He was preparing for a more certain yet more intense blow.
Na Min-seong pulls the chair back and puts his feet on the desk. Then they start making calls somewhere.
Tou… … Tou… … .
clap.
The call was connected before two beeps.
-Hup! Brother, when did you come out?
“It’s been a while.”
-Why don’t you contact me so that I can meet you?
“Hey, Lim Ki-tae, you bastard. I shouldn’t have contacted you, you should have come to meet me on your own.”
-sorry.
“What are you sorry about? It’s a joke, a joke.”
Na Min-seong was giggling with his mouth, but his eyes were still wide open.
“By the way, what was the name of the exchange you were running?”
-Coin Plus.
“Oh, right. Coin Plus. Are you doing well there these days? I heard you grew up sucking on beat hits.”
The virtual currency exchange operated by Lim Ki-tae, the counterparty of the call, was originally a small exchange that was not even ranked 5th in Korea.
However, when BitHit was shut down, it aggressively attracted subscribers, and as a result, it has grown to become the third largest exchange in Korea.
-I’m sorry if you said that.
“He doesn’t know jokes. I joked because I liked you because you were doing well. joke.”
no answer coming back Na Min-seong brings out the purpose of the call without waiting any longer.
“Gitae. Let’s do one thing together.”
-What do you mean?
“It’s not difficult. You just need to do one coin quote job.”
-Brother, that’s a bit… … .
“You’re already working on quotes with small coins on your exchange. Do you think I don’t know?”
In principle, virtual currency exchanges only relay transactions.
However, at that time, virtual currency exchanges were outside of legal surveillance, so the exchanges were making market profits directly by manipulating coin prices or adjusting the volume.
-What coin can I give you?
“Acorn Coin.”
-Acorns are not enough at our level. It’s different from the small jobcoin, isn’t it?
“This bastard is impossible without even trying. The 30% drop in the price of Acorn Coin this week was done by myself.”
A gasp is heard over the phone.
-How did you drop 30% without an exchange?
“It’s a trade secret.”
From noble mtl dot com
-… … .
“Anyway, if you just touch the exchange price here, it’s not a big deal to hit minus 50% in one day.”
-Brother, did you sell acorns short?
Na Min-seong’s eyebrows twitch.
However, the agitation was only short-lived, and soon returned to its original expression and curled up the corners of its mouth.
“This kid is quick to notice. So, are you going to do it together or not?”
* * *
As if she had been waiting for me to go to work, Lee So-young came to the representative office.
He had a bundle of papers in his hand.
“therefore… … Are you saying we should hire a lawyer to catch all the bad guys?”
After hearing my words, Lee So-young nodded vigorously.
“I was trying to be patient. I can’t because my team members are working so hard. These days, they don’t just curse at me, they even incite me to attack the company.”
There was a lot of accumulated anger in her voice.
“First, let’s see what it is.”
She quickly hands over the bundle of papers she brought.
From the first page of the document, it was overflowing with abusive posts and low-quality comments that made people frown.
Sarak. Sarak.
I carefully read the documents she brought. I looked through it perfectly, without skipping a single page.
To be honest, most of the articles were enough to win unconditionally if you filed a complaint.
However, after reading the malicious comments, I felt a sense of deja vu for some reason.
“Soyoung, did you intentionally collect malicious comments by category?”
“no. I scraped the texts from the same page in order.”
“To say that, this is… … Doesn’t it seem a bit regular? I think it’s similar here, here, here.”
“uh? I see. Obviously, they all have different IDs, but I think the way they talk is similar. Same goes for spacing.”
In this case, one of the two. Maybe a guy who had nothing to do did multiple things by turning around several IDs. Or the work of the professional commenting unit came in.
“I guess I need to check it out.”
“how?”
I immediately took out my cell phone and dialed the speed dial number.
“We have experts in this field, don’t we?”