Digital Kingdom

On March 19, CITIC International Asset Management Co., Ltd. (hereinafter referred to as "CITIC International Assets") and Brilliant Games Company signed a strategic cooperation agreement.

The two parties will cooperate in many aspects such as technology and business. CITIC International Assets will formally enter the digital asset management business field with the help of the asset token WIT (Wealthin Token) issued by Brilliant and its management and control system.

WIT is an ERC20-based blockchain application. It is an electronic certificate issued in accordance with the corresponding process for customers' funds or over-pledged high-quality digital assets with the participation of audit institutions and using offshore RMB as the settlement standard.

As an encrypted digital certificate, WIT circulates freely on the Dragon Coin system.When WIT exchanges with Brilliant, the anchored legal currency is offshore renminbi (CNH), which is redeemed at 1:1.

WIT has been trial operation in Hong Kong and will land on multiple trading platforms.At present, WIT is rapidly improving various transaction cooperation systems and is preparing to establish business contacts with many overseas trade and service institutions.

Brilliant Company announced that after receiving the resources and license support from CITIC, it will accelerate the expansion of asset tokenization in Hong Kong, operate in compliance with regulations, and develop in an all-round way.

At this point, anyone with a discerning eye can see that Dragon Coin has escaped a catastrophe, and its momentum is stronger than before, relying on CITIC to reach a higher level.

Subsequently, the central bank officially announced the development of digital currency and invited Zhou Yuli, head of the brilliant company's blockchain project, as a member of the expert group.The Ministry of Industry and Information Technology also plans to start writing a white paper on the blockchain industry, implying that the blockchain has gradually entered the national strategy.

Although the central bank’s statement broke the illusion of Dragon Coin as a national token, it did not affect the price of Dragon Coin. After this storm, Dragon Coin has become stronger, and its nearly 20 million user base has begun to take effect.

Even in some countries and regions in Southeast Asia, dragon coin shopping has begun to appear.

Brilliant Company took advantage of the trend to launch the Dragon Coin exchange project, point cards, magic mirrors, vouchers, and some 3C products to fan the flames for the increasingly hot Dragon Coins.

"Funding application?" Zhao Ziming was taken aback, as if to eat people.

He Gan is also a little embarrassed.

In the event of less than two months, the previous five million US dollars had been exhausted. Although the purchase of equipment cost most of it, at such a speed, I can't blame the boss for shock.

Zhao Ziming flipped through it casually, a large number of expenditure items, suddenly felt toothache.

This is why I have never mastered so much money, and spent all 5 million in the first time.

What kind of stent brain collector, visual cortex stimulator, electrode bundle, etc., bought Chase in a mess.

Zhao Ziming pressed his temples, and at the current rate of burning money, he would invest more than one billion yuan a year, which is a gold swallowing monster.

Let's look at He Gan's plan. In the future, a research team of 200 people will be recruited, which will be another big expense by then.

He Gan looked at the boss's face uncertain, and he was also very uneasy. He won't retreat.

The cost is indeed a bit high, and there is no way to do it, he is under more pressure.

The brain-computer interface involves cutting-edge technology, biology and computing. Every step is pioneering, and there is no precedent to follow.

Huge capital investment is indispensable. Although results cannot be guaranteed, there will be no results without investment.

"It may be too late to stop loss now",

A thought flashed in Zhao Ziming's mind, and then he smiled bitterly.

No wonder everyone is unwilling to engage in R&D. The risk is too great. If you don't pay attention, you will lose everything.

The purchasing power of one billion is an astronomical figure right now, which can make a person enjoy it to death.

So far, Zhao Ziming's biggest expenditure has only been to buy a few villas, no more than a few hundred million.

As for the brain-computer project, as much as one billion is invested in a year, and if it gets worse, it will even drag down the development of other businesses of the company.

Zhao Ziming originally planned to invest in some high-tech industries, such as nanotechnology, new materials, robotics, aerospace, and so on. He would attack from various sources and cast nets in general to try to find the leaks. Now it seems not feasible.

If you continue to invest, most of the profits created by Jianghu will be swallowed up by brain-computer projects.

This is the limitation of a liberal arts student. Although you can understand some cutting-edge technologies by reading the literature, there is no overall concept for scientific research.

How much money to burn, and how long it takes to burn, Zhao Ziming is far from prepared in this regard.

Although "Jiang Hu" has created huge profits, but after removing the company's operating costs, project investment, risk reserve funds, etc., the money that can really be used for investment is not too much to be squandered.

If you want to rely on the profits of "Jiang Hu" to support two or three large-scale scientific research projects, I am afraid that it is not enough.

R&D relies on long-term investment. Now that you have money, you can open the map at will and set up ten cutting-edge technologies.

If you consider the vitality of "Jiang Hu", once the game is down, there will be no follow-up products.

As for the R&D project, no results have been achieved in two years. Then, what should Zhao Ziming do to fill such a big loophole.

If you give up now, you may only lose 5 million U.S. dollars. If you don't give up, the future will be invested in units of billions.

Besides, R&D has never been egalitarian. It is estimated that 100 million a month and 2 billion can last for two years.

However, as the process accelerates, research funding is likely to rise sharply, and 200 million a month may not be enough.

Ensuring sufficient funds is the only feasible way.

Although He Gan wanted to say something to increase the boss’s confidence, he couldn’t say nonsense, "rest assured, it will definitely succeed" and "achieve results in one year."

After all, as an applied technology, it is easy to verify.

The boss's silent expression put a lot of pressure on him. He Gan thought about it and simply shut up. He has done what he can do, and the rest is the boss's own decision.

In addition to enjoying the glory and glory, the leader has to endure tremendous pressure. This is his right and his responsibility.

If he is given up, he has to start all over again. R&D has never been an easy task, and it is just publicity.

Zhao Ziming pondered for a long time, finally made up his mind and took a deep breath, "Apart from funding, what else is required?"

Sooner or later, we will get to this point. Since we have black technology in our hands, our ambition will not be less. Earning money is only the first step, primary desire.

Zhao Ziming also had a plan before, after the basic market is stable, he will start venture capital, MBIC, all aspects must participate.

However, people are not as good as the sky, and plans are not as good as changes. By coincidence, they are exposed to brain-computer interface technology. If you give up, you will be unwilling.

Brain-computer risks are high, and other project risks are not small. After all, small news is not a system and cannot be created out of thin air.

It's time to test vision and courage, and it's a big deal to start over.