Wasteland Development Diary
Chapter 755 - 16: Mark Currency_2
"One way to completely change the existing framework is to monetize the tokens. Observe."
Crab Boss displayed two shiny gold coins.
Both were condensed from consciousness fragments.
Zhou Yi took a closer look.
One gold coin had the image of a samurai crab embossed on the front, and the words Wasteland Development Company engraved on the back.
"This is the token currency, now called 'the New Coin,' representing the currency of the New World."
"The New Coin is a conceptual holding of the concept lifeforms."
"Each New Coin is a token because they are restructured and compressed into this form. It's mainly for the New World residents to understand and conveniently carry and use, as most of them are accustomed to using universal currency."
Crab Boss introduced.
Zhou Yi glanced at another New Coin, which had a small clay figure embossed on the front and the word 'Land' on the back.
"Is this the Land God's New Coin?"
"Yes."
"It seems the front is the conceptual image, and the back is the official name?"
"Yes."
Zhou Yi, intrigued, pinched the token gold coins and asked, "How is this traded?"
Crab Boss waved his crab claws, gesturing and explaining, "Exchange. New Coins are exchanged with each other; some appreciate, some depreciate."
"Like now, I represent the company's concept in issuing new coins. The company is still in a high growth phase, so everyone is naturally optimistic, thinking it will appreciate continuously. Thus, everyone wants to accumulate our New Coins, or Crab Coins."
"In addition, the Land God's Land Coins are also growing rapidly."
"However, on the other hand, some new coins are depreciating. Concepts like [War], [Plague], and [Famine] were once famous concept lifeforms in dominant fields. But as the broader environment stabilizes, they become weaker and appear less frequently, so the new coins they issue keep losing value."
"According to the current exchange rate, with the company's Crab Coins as the baseline, the exchange rate with War is 1:7, with Famine is 1:157, and with Plague is 1:18."
Damn.
Turns out everyone's started trading coins.
Zhou Yi thought again.
Behind this currency is the endorsement of concept lifeforms; the more holders, the stronger the concept life. These won't run away or go out of circulation, and they're more like a fusion of digital currency, stocks, and sovereign currency.
It's quite suitable for the New World.
Crab Boss continued: "The exchange rate primarily depends on people's optimism about the future and complex judgments like speculation."
"For instance, the War New Coin. As war has never disappeared throughout history, many people are optimistic about this currency and are willing to hold it long-term, so the price is relatively stable."
"The company has significantly lowered food prices, and large amounts of land are reappearing from the Dead Sea, so everyone thinks famine will increasingly decrease in the future, leading to selling or unwillingness to buy. Thus its market price keeps falling."
"As for the plague, despite the A2 Virus outbreak over a year ago and the rapid iteration and evolution of various natural germs, a new virus is likely to emerge in the future, whether natural or man-made. So the decline is limited."
Zhou Yi asked, "Who came up with the new coins?"
"It was Yan Wei, the Deputy Minister of the Moon Affairs Department."
"Ah Wei?"
"Yes, him."
Zhou Yi was quite familiar with him.
Ah Wei was the roommate of Bone-man Jacob; he was first a Guangtai worker, then picked by Qian Su to move to the delivery center, and later joined the Moon Affairs Department, serving as Minister Jacob's deputy.
After the New World project beta test, Ah Wei was among the first new humans to enter.
He was also the first new human to create concept tokens, demonstrating to everyone that any consciousness in the consciousness space can become a concept lifeform.
Now Ah Wei has further developed token currencies, directly changing the status of concept lifeforms in the New World and reshaping the currency system in the consciousness world.
Crab Boss continued: "Ah Wei promoted the New Coins mainly because competing with traditional concept lifeforms was impossible."
"Concept lifeforms have a wide popular recognition base and long historical accumulation, easily receiving acceptance from everyone. They are strong, usually Grade A or even Light Core Bodies. After many concept lifeforms entered, tokens from new humans like Ah Wei were basically left unnoticed."
"So he came up with this idea to monetize tokens for ease of use and trading. Compared to traditional altars and landmark-like tokens, this is costly to build but much easier to spread, allowing the tokens to become fluid and mobile."
"As a result, the concept life Money learned quickly and began issuing its own New Coins extensively, with great effect… we hadn't even reacted yet, and the entire monetization process became unstoppable."
"But we had already evaluated Ah Wei's New Coin strategy in advance. We believe it benefits the company and is advantageous to large groups like new humans and old humans, and can compel concept lifeforms to change accordingly. So they're no longer deities waiting for worship and prayers, but actively approaching and reaching audiences."
"In fact, that's exactly what's happening."
This company spokesperson said: "Now the New Coins in the New World are driving the entire New World to evolve rapidly. Because New Coins can be traded with each other and exchanged for Light Seeds."
"Take Crab Coins, for instance; currently 1 Crab Coin is approximately 5.2 Light Seeds and still appreciating."