Chapter 819 Naval City-1
"Well, if that''s all, I guess I''ll make an ount for myself..." Davis said after understanding the basics about the opportunities of letting his crystals work for him.
Just then, Edric nodded and said. "Hmm, I think I will do the same."
''Oh? It seems that these two understand quite well why there is a need for an organization to take over the role of this bank...'' That official thought about it as he listened to thements of those two alchemists, marveling that he would not have to exin it once again today.
He had already attended a few dozen people since the Bank of the ck in opening. And because of this constant contact with the local inhabitants, he knew that after hearing all he had to exin, many still questioned why they needed to share their profits with the bank.
And each time he heard the questioning, he gave the same exnation so that the citizens understood that it would not be possible without the bank. Or rather the government of the ck in.
After all, who would guarantee that the crystals of the people investing in such a possibility would be safe?
Someone could simply set up a scam scheme to collectrge sums of crystals and then disappear from the city where they acted!
After this, the victims would have nothing to do but regret their losses.
Because of this, most people would be cautious when using third parties to store their crystals, things so valuable for their lives and cultivation.
So, crowdfunding projects needed someone or some trusted institution behind such a thing to work.
It had to be something so secure and reliable that people would not doubt that their crystals would remain theirs. And the institution behind that opportunity would not disappear overnight.<sub></sub>
As in the case of an organization that needed its state and poption to generate its wealth. The example of royal and noble families and the government of Dry City.
Organizations like this would handle very high values, which significantly reduced the risk that ordinary people would have their interests stolen one day.
But, yes, there was a possibility of simr things happening even withrge families behind banks. After all, families could fall, have losses, and many other variables could generate losses for ordinary citizens who entrusted their financial reserves to such an organization.
And considering all this, it was challenging to carry out crowdfunding in this world or even be part of one.
That is, such funding could have a greater chance of seeding when a few individuals handled all the necessary funding, as in the example of families agreeing to build something together.
An example of this was the three families of Farnd, which together had created one of the richest agricultural regions in the northern part of the Central Continent.
But examples like this could work because of the fear that one organization generated in the other, the smaller number of people involved, and the enormous profits they could make together.
However, for unimportant people, those with few resources, weak, well, trusting or even finding collective funding that would give them a good chance of sess were difficult!
It was precisely because of all this that the ck in slice was sorge.
Other regional banks from royal families could do such things, and the poption still could have the confidence that they would not lose their crystals. As in the case of the Carline Bank, owned by the most powerful family in the region.<sub> </sub>
But cases like this were quite different from what was happening in the ck in!
While the ck in was a practically empty territory that had received immense potential because of Minos'' actions, the same was not true of the other regional states.
States such as the Kingdom of the End had already been exploited for hundreds of thousands of years by organizations in this region. And that meant that they had already reached the equilibrium point of their development.
Consequently, investments like the one the citizens of Dry City could make in the Bank of the ck in would have little chance of yielding profits in those states.
On the other hand, even if the royal or noble families of this region wanted to invest in developing new services, they could simply do it all on their own!
Why share profits with ordinary people if they already had abundant crystal reserves?
That is, regional families mainly were ancient organizations. So, they would undoubtedly have enough reserves to pay for new services, as long as they were not too shy, of course.
Just the opposite of the ck in, which had practically no significant reserves of crystals to invest in the immense local potential!
Therefore, the possibility of investments such as those made possible by this newly created bank did not exist in other states in the region. And because of thisck of supply and potentially high demand, the service promoted by Minos was costly!
Anyway, it did not take long before that official directed Davis to another employee in that area of the Bank of the ck in, someone like him, responsible for opening ounts.<sub> </sub>
In the meantime, he began to make Edric''s ount himself, adding this old alchemist''s identification information to the bank''s record, as well as activating the debit function of that array.
"So, Mr. Edric, your business ount is ready. With that, in a week after the payment of the fees regarding the first year, you will be able toe here and take out the array that will serve you to receive payments."
"However, I advise you to make two ounts."
"Oh? Why is that?" The old alchemist asked in doubt.
"It is a tip from the bank to our ount holders. It is never good for you to mix the business crystals and those for you to use in your day-to-day life."
"It may seem like the two are the same, but they are not."
"Ideally, just like potential employees, the owner of a certain business should have a fixed sry. That can help you greatly in how to invest your funds and reach greater heights in the future."
"After all, investments don''t make you rich. Instead, investments only enhance the crystalsing from your professional activity."
"That..." He murmured as he realized that this made a lot of sense. ''It seems that this bank''s service is outstanding!''
''They even give valuable tips like that!'' He considered in admiration, realizing that acting that way made sense.
''As expected from Dry City!'' He thought about it for one more time, feeling pleased once again that he hade to this ce.
"Then we will do as you said."
After his answer, it was not long before Edric had two ounts registered in his identification array. So, he thanked that individual and walked to the ce where he could make the payment of the 400 crystals and make his first deposit.
And since there was not much movement in such a ce yet, he was soon met by one of the people responsible for handling the physical crystals.
"Hello, sir. How can I help you?" A beautiful woman who did not look even 30 said this while smiling.
"Hi. I just created my ount and am here to pay the 400 crystals fee and make a deposit."
"Oh?"
"How much do you intend to deposit?"
Edric then took out a packet of low-grade crystals and passed it to that woman. "I have 20,410 low-grade crystals here."
"All right, to which ount should I add these 20,000 crystals?"
"It can be in the personal ount."
"OK. Do you intend to make any investments? Or is that all?"
That old man''s eyes sparkled after he heard such a thing. "Are there already investment options?"
"Sure, hehe. Check it out." She showed him a blue screen with various information.
''- Investment Fund of the Cultivation Tower of Naval City-1;
- Investment Fund of the Fighting Arena of Naval City-1;
- Investment Fund...
...
- Investment Fund of the ck in Preparatory Academy branch in Naval City-1.''
Edric finished reading a series of investment funds, all of them about services that would be built in this Naval City-1.
That was just a generic name, but something that foresaw the development of a new city on the ck in!
''Naval City-1, huh?'' Edric pondered this and then said. "I''ll invest 10,000 low-grade crystals at the..."