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North Koin

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An ambitious Stanford sophomore develops a stablecoin that would forever change the meaning of money. What's a stablecoin? Do Moon, with his genius algorithm that stabilizes fluctuating cryptocurrency prices, designs a digital money that could be used like a US dollar. No, it's actually more than that. Do dreams of replacing all of the world's fiat currency with his coin. This novel is inspired by true events - the meteoric rise and fall of Luna-Terra. It was the largest and the first functioning stablecoin purely based on a computer algorithm - until it stopped functioning. People lost money, pensions, and even lives. From Korean Army to Stanford, Do Moon was once a boy wonder of Silicon Valley and the cryptocurrency scene. After his great experiment failed, however, he is now a fugitive. Or was it just a scheme from the beginning? While a huge stream of news has covered his rise and fall, none has yet explored his origins and stories. North Koin sheds a light on the character of this once highly successful and now controversial genius.
Folgt in ca. 10 Arbeitstagen

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21,90 CHF