Coin Jackpot After Divorce

Earth Channel

Korean broadcasting and gaming world.

In both fields, Kim Shin’s influence was greatly felt.

“I heard PD Ryu Jae-han moved to Rainbow.”

“really? I heard that Hyejin-senpai will also move soon.”

“Under what conditions are you suddenly changing jobs?”

“Salaries and welfare benefits are basic. They let me make the program I want, so it seems like they’re leaving without hesitation.”

Recruited talented producers, writers, and staff with high salaries.

It was widely rumored that Dream Art Rainbow would expand its business around OTT such as YouTube and Netflix.

“Will I make a profit? It would be a complete deficit structure.”

“Will domestic OTTs properly fill the production cost? Netflix only pays about 110% of the production cost.”

“What are you worried about when the richest person in Korea is behind you? If you have talented staff, you can support them and endure until they make a profit.”

“I heard that the treatment of the employees of the company is the best. I heard that if you launch a great program and move on, your annual salary will increase by 3 to 5 times?”

“Incentives are crazier. They say that when the program profits, a certain percentage is given to the production team.”

I was envious of the producers who moved to Dream Art Rainbow, and those who hadn’t moved were watching with interest.

‘If anything goes wrong… … .’

‘Just because you’re Kim Shin, you can’t always be successful. Since he is so rich, even if he loses money, if he doesn’t see any potential, he can boldly throw it away.’

‘I’d rather stay with a stable company for now.’

Producers and broadcasting stations were watching with more interest.

We acknowledge Dream Art Rainbow’s staff composition and skills to some extent.

It is true that the Korean broadcasting industry has a narrow market and limited marketability in terms of profit distribution.

Even if you find a way out through overseas OTT, you have no choice but to struggle because you pay an amount that slightly exceeds the production cost.

“We know best about broadcasting and film production. The way Kim Shin does it is unreasonable.”

“It would be nice if we took it over when it had grown quite a bit.”

A cable TV station with financial capacity was secretly greedy for Dream Art Rainbow.

While various media outlets were interested in Kim Shin and his trend, news broke out.

〈[Title] Earth Resource Confirmed to Enter the Broadcasting Platform Market〉

[Earth Resources, a Silicon Valley company headed by Kim Shin-yi.

It is known that it has decided to enter the broadcasting platform market as a new business field.

In the form of a convergence of personal broadcasting and video platforms, it combines movie, entertainment, drama, and music contents.

It was confirmed by insiders that it plans to cover all types of content.

The technical check has already been completed by holding a game competition… … .]

I thought they were only producing variety shows and dramas, but to think they would create their own broadcasting platform!

It was said that Earth Resources’ corporate value exceeded billions of dollars, but it was meaningless.

Because Kim Shin couldn’t sell his stake, and the company’s history itself was short.

A company that grows like crazy in a very short period of time.

As soon as it entered various fields, Earth Resource, which achieved success, challenged the broadcasting platform market.

“The horse… … It works.”

“You don’t have to be assigned a frequency like before, and there’s nothing you can’t do.”

“Do you think the synergy will go crazy? Earth Resource’s cloud system itself is made at a very low cost.”

“Popularity in Korea is unconditionally certain. If a drama, movie, or just one blockbuster hits… … .”

“The existing broadcasting platforms, Wave and TVing. Isn’t everything ruined?”

The game world couldn’t help but be astonished.

The game league was gaining great popularity, and a system was established in which various game teams competed domestically and internationally.

-Welcome Dae.

―The league will become more active.

-How much do you want to invest?

―A deal to run with the goal of winning.

―You don’t seem to know much about game leagues. Isn’t it a good place to reap results by investing?

―I heard that 50 billion was set for the annual salary of the players?

– Are you crazy?

―Vice President Oh Myeong-woo interviewed a reporter and said he would show the power of money that a friend has.

―It was announced that compensation will be guaranteed according to the treatment, popularity and skill of the players.

―This is what happens when the super-rich go crazy for games other than soccer.

* * *

Movies and TV content were all money.

If you try to do something, the basics will consume billions of dollars.

That’s why it’s a business item that can’t be easily attempted.

“The monthly fee is 3,000 won or 1 source coin.”

“Is that true?”

They were actively hiring employees to create a broadcasting platform.

Although they employ employees from American broadcasting stations or the film industry, preparations for launching the platform were led by holding meetings in person.

It makes no sense to catch up with Netflix and YouTube from the start.

‘They maintain their unrivaled competitiveness thanks to the number of users and the power of fresh content that accumulates every day.’

Objectively, it makes no sense to catch up with their comprehensive competitiveness.

As a latecomer, it had to make the most of Korea’s popular content while setting the price at a low price.

Alex from the finance team expressed concern.

“It must be difficult to make a profit with such a low fee.”

“The deficit will have no choice but to fly as much as the investment. In that case, it would be better to quickly increase the number of users.”

“It is.”

Decided to accept bleeding measures to expand the market.

I wondered if this investment and management method was because I, the CEO, owned 100% of the company’s shares.

Even if I make a loss, it will all be my loss.

It’s a job that brings tears to my eyes, but I needed to be bold for the business.

“Eddie.”

“yep.”

“We have to minimize network costs.”

“Don’t worry about that. There is a lot of room in capacity by starting new data centers and improving the mining system.”

We decided to hire programmers and proceed with the development of AI.

As the videos accumulate on the channel, you will have to recommend content that suits your taste.

Finding good content or channels was very important.

“Let’s support all languages of Asian countries.”

“Of course.”

Supports Korean and English as well as Asian languages.

It has also decided to provide official support for French and Spanish, which are widely used around the world.

Due to the nature of the Internet, there was no need to limit the scope of business.

“How about making payments with coins that support transactions on our website?”

“Eddie, that’s a good idea.”

They decided to take advantage of the global popularity of Korean content to settle in the market and expand the market by reducing the deficit.

The broadcasting platform is a difficult business with excellent competitors, but it seemed like it would be very fun if it succeeded.

As the scale of the business grows, movies and dramas produced by themselves.

Instead of waiting for a fun movie to be released, you can create really cool content.

‘Creating a culture with money.’

Using money only for payment was not truly rich.

The level of extravagance is the basics of being rich.

I felt the fun of running a company and creating new things.

‘And I wish there was one more thing.’

I glanced over at the people sitting in the conference room and fixed my eyes on Myeong-Woo Oh.

“Myungwoo.”

“yes.”

Lee Jong-yeop calls his company and his house by different titles, but he didn’t expect that from Oh Myung-woo.

In the first place, just being friends is much more important than the position of vice president.

“Let’s contact a lot of game companies. There are places where you bought shares or companies that negotiated with Source Coin.”

“There are about 20 companies now.”

“How about running the game through a broadcast platform?”

“Are you aiming for a game distribution platform?”

“Music, movies, dramas, broadcasting. It would be nice if the game came in here.”

Most of the personal broadcasting contents are games.

Wouldn’t it be possible to distribute the game by running it on a web server in a cloud method?

“I absolutely agree.”

“Eddie, can you apply?”

“Sure. perfectly! As expected, Kim Shin had all the wonderful plans!”

It felt like the work that started as a broadcasting platform was expanding greatly, but in the end, we had one thing in common: content distribution.

‘I don’t know what the users will like, so I’ll try to include them all.’

If it is not in the early days of establishment, it may be difficult to add new features due to the accumulated awareness of viewers.

“I want the name of the broadcasting platform to be Earth Channel. We will aim to cover all the content on the planet.”

“It’s good.”

Active approval from business unit representatives followed.

Eddy, who is difficult to deal with people, was a great optimist to my words, and Alison and Oh Myung-woo also actively responded.

Despite the fact that the coin division is generating quite large sales, the person in charge has not yet been decided.

Functionally, the system Eddy made works well, so there is no problem.

‘Coin division needs to hire a very good person in charge.’

It was intended to support the listing of new coins on the exchange and the analysis of various coins.

The coin market had no laws or regulations despite the market size of over $1 trillion.

The role of the exchange is inevitable, but it has not taken any responsibility so far.

Even though he made a lot of money by directly issuing coins on the exchange, all investment losses were passed on to investors.

‘Since I made a lot of money with coins, I have to do a proper business.’

* * *

In order to participate from the spring league, it was necessary to speed up the promotion of the Earth Games team.

In order to do that, you need to select a leader, but if you have someone who can be entrusted properly… … .

-Kim Shin: It’s a reminder. How are you.

―Kim Sang-ki: Sure! You’re playing hard at work.

I tend to use the Korean app when contacting Arcor employees or occasionally.

As soon as you send KakaoTalk, you get a reply right away.

Kim Sang-gi is the motivation for joining the company.

He had a good personality and was friendly with me.

―Kim Shin: You said you were a gamer for a while?

―Kim Sang-ki: Oh. 2 years in middle school.

It reminded me of hearing stories about how hard it was to drop out of school while living as a gamer, pass the GED and go to college belatedly.

―Kim Shin: Are you thinking of becoming the team leader?

―Kim Sang-ki: Leader? Are you serious?

-Kim Shin: Yes.

In practice, the management of the team, the training of the players, and preparation for the game are the responsibility of the manager or coaches.

The general manager will provide overall support and make important decisions.

It would be nice to have great knowledge about the game world, but I needed someone I could trust.

Kim Sang-ki, who was a motive for joining the company, has been through four years since he was a low-level employee.

A friendly, unpretentious personality.

I was constantly studying and interested in the latest technology.

―Kim Shin: You like games. I was wondering if you could try it.

―Kim Sang-ki: If you are asking seriously, I will answer. It was me, but the trainee days became lifelong regrets and regrets.

―Kim Sang-gi: But I haven’t achieved much so far, but I’m too old to quit my job and pursue my dreams.

32 years old.

It was an ambiguous age to change jobs in a completely different industry.

―Kim Shin: I will give you a decent salary. As long as it doesn’t cause social controversy, I won’t cut it based on grades.

―Kim Shin: Even if you quit as the general manager, I will let you work at the front desk.

―Kim Sang-ki: A reasonable salary? Do you pay hundreds of millions of dollars to do something like a leader?

Wouldn’t the salary and incentives Kim Sang-ki receive be similar to when I was at Arcor?

In Silicon Valley, even if you hire one developer, you had to pay two to three times the annual salary of an Arcor employee.

―Kim Shin: I’ll give you 300 million won.

―Kim Sang-gi: In what year?

―Kim Shin: It’s the annual salary.

―Kim Sang-ki: Annual salary?

I have to save on useless labor costs, but it’s just a small amount of money for me now.

Moreover, if I were to make a gaming team, I didn’t want to be stingy with support.

―Kim Shin: Incentives will be given to the entire gaming team according to the ranking in the league. If you win, you will be boldly rewarded.

I was speechless for a while.

―Kim Shin: Is this condition not enough?

―Kim Sang-ki: No, wait a minute. I am writing my resignation now.

-Kim Shin: Huh?