Urban God-level Youth-Chapter 748 - Star Coin Issuance Ceremony
Chapter 748: Chapter 748 Star Coin Issuance Ceremony
Chapter 748 -748 Star Coin Issuance Ceremony
So he did not refuse these people who came to purchase because this would also make Infisol owe more and more, and eventually, they wouldn’t be able to even repay the interest.
Although Qin Hao verbally dismissed the significance of contracts to Infisol, contracts still held substantial authority in the world.
With this contract, he could completely position himself at the moral high ground and take the initiative, doing as he pleased when the time came.
The reason he agreed to support Engsor was actually for the sake of his new currency.
In the next two days, the Xinghai International Bank would launch its brand new currency. Today, Chang Jing would begin notifying all members of the Xinghai Association as well as all major global corporations that cooperate with the Xinghai Association.
Aside from the world’s business giants, some important national leaders would also attend. Qin Hao now held great prestige and many who wished to come might not even be able to.
Many people received invitations from Xinghai International Bank that day, inviting them to attend the currency launch ceremony.
Currency launch ceremony?
Those invited slightly contracted their pupils upon reading these words, Currency launch ceremony? Currency launch ceremony?
What was Qin Hao up to?
Was he planning to issue his own currency? The current regional currency hegemon was still the Federation Coin—was his action aiming to replace the worldwide position of the Federation Coin?
Qin Hao now indeed had the qualification. Every day, hundreds of billions of Federation Coins were flowing in and out of the Xinghai Association.
If he stipulated his own currency, that would greatly mobilize his currency, resulting in lots of currencies flowing into the Xinghai International Bank.
If other national currencies experienced excessive outflows, the only solution would be to print more money, which would cause the currencies to rapidly devalue, eventually possibly becoming as worthless as the current currencies of Beihai Country and Beidou Country.
No matter how you looked at it, this matter had a huge impact.
The major families of the Federation also received invitations, and they felt a bit panicked seeing this news. Qin Hao was beginning to issue his own currency—wouldn’t the Federation Coin be at risk in the future?
The rights to issue the Federation Coin currently rested in the hands of these big families. Qin Hao’s currency issuance would definitely impact their Federation Coin, which they did not wish to see.
Although Qin Hao now had many cooperations with them, the Federation Coin was their fundamental interest and absolutely could not be compromised.
The relationship between world-class business giants wasn’t exactly peaceful. Some competed in certain industries, while others cooperated in others.
This relationship was somewhat complicated; they might be burning cash in a big battle one day and shaking hands on a deal the next, as if nothing had happened.
Ordinary people found it difficult to understand such relationships, which were essentially caused by the distribution of capital interests.
The people from Xuan Country also received the invitation, and seeing it, they furrowed their brows—new currency?
They had been planning to negotiate with Qin Hao for all future transactions to exclusively use Xuan Country Coin, which would greatly boost its circulation and appreciation. Who could have expected Qin Hao to start issuing his own currency as well.
…
Three days later, a series of air energy cars arrived at Pu’er Island, parking in the harbor parking lot, and then they were transported by special vehicles to the Xinghai International Bank Building.
Everyone who could come here was a major figure, each worth over a hundred billion.
Many were visiting Pu’er Island for the first time and were somewhat entranced by the beautiful scenery—the air was extremely fresh, and even breathing here brought a delightful fragrance that made one feel comfortable.
This surprised many; Pu’er Island was like a paradise, especially the air, which was simply wonderful.
On the way, an electronic voice in the car introduced: The Air Quality Optimization Device purifies and filters the air on Pu’er Island daily, making it the freshest air in the world and beneficial for those living here long-term.
The air here was better than some companies’ marketed air. If everyone liked it, you could also purchase a residence here. We currently have a property for sale, starting at a low price of one hundred million, available on a first-come-first-served basis.
The starting price of one hundred million was nothing to these magnates, who indeed considered buying a property here.
Soon, the vehicles entered Pu’er Island, and skyscrapers came into view. Most of these buildings were incredibly majestic, mostly around a hundred stories high, with even taller ones not being uncommon.
Xia Yingjie had been busy these days; he had always been working on constructing Pu’er Island, where there were now many tall buildings.
There were six residential buildings with over a hundred floors each, and selling them meant money.
Considering a hundred-story building had thousands of households, and each household priced over one hundred million Federation Coins, that totaled hundreds of billions of Federation Coins.
With Pu’er Island’s current environment and conditions, there was no worry about unsold units. Prices could possibly be reduced later.
At the entrance of Xinghai International Bank Building.
Everyone got out of their cars and, led by the staff, entered the building where they were greeted.
They were all arranged in a large hall with assigned seating numbers. Each person’s place had been carefully prepared, including seats for the magnates and spots reserved for journalists from various countries.
The currency issuance naturally needed to be known worldwide to enhance its visibility, letting the public know about his currency and gain acceptance.
This would facilitate its circulation in the future.
Around 8:50 a.m., almost all of the people had arrived, totaling over two hundred.
At 9 o’clock, Chang Jing came out from backstage and said with a smile, “Welcome to the Xinghai International Bank currency launch ceremony. I am Chang Jing, the president of Xinghai International Bank and also the president of Xinghai Group.”
Applause erupted below; many present had heard of Chang Jing, a key figure in Xinghai Group, almost second only to Qin Hao.
Behind Chang Jing was a large display screen. She turned and pointed to the screen, saying, “Please look at the currency design of our Xinghai International Bank.”
The screen first showed a one-unit currency with an image of the starry sea, very three-dimensional, looking as if one were actually gazing at a starry sea.
Then, the attendants gave everyone in the audience a one-unit star coin.
As the attendees looked at the exquisitely perfect star coin in their hands, they were momentarily stunned—this was like a work of art, incredibly fine and beautiful.
Next were the five-unit, ten-unit, fifty-unit, hundred-unit, thousand-unit, and ten-thousand-unit denominations.
Each star coin was impeccably made, filled with immediate appeal, something that current market counterfeits could not imitate.
After the introduction of the star coins, Qin Hao walked out from backstage. Instantly, countless cameras focused on him and began snapping photos; this was his first appearance in front of so many reporters.
