Mr. Li was interviewed by Director Wang. The key points of the interview were actually about the background of why there is no internal trading when issuing coins:

1. Teacher Li was brave enough to accept an interview with Director Wang at the height of the storm!
2. Mr. Li’s current income from all platforms: 5k-6k Euros per month from YouTube, with about 400 members; 400 Euros per month from Twitter, with 400 Twitter subscribers, more than 1,000 Euros per month; and 300-400 Euros per month from fundraising.
3. Admit that you are not capable enough, are unwilling to work on YouTube, and cannot continue to work on YouTube
4. The current content team has 7-8 people in total. Some are responsible for submitting content, some are responsible for YouTube content and production, and some are responsible for searching information on domestic websites. I don't want to go into details about how they are paid, but they are paid according to local salary standards.
5. Director Wang continued to ask questions and believed that revealing the operating costs of the entire team was the source of legitimacy for raising funds. But Mr. Li still refused to disclose.
6. Teacher Li, Fang Lian and Xu Moumou together formed a video editing team to edit videos for themselves and other small bloggers.
7. 15,000 Euros is needed per month to provide salary to the team.
8. I have observed the plight of many overseas Chinese content creators. Their content was originally suitable for domestic audiences, but they are unable to continue operating. They come to foreign countries and continue to work hard to create content, but their audience has become smaller. I also want to help them.
9. My view on cryptocurrency has taken a 180-degree turn. I used to think it was a scam, but later I learned that there are still people who promote the spirit of encryption. The opportunity came when my domestic bank card was blocked and some scientific research institutions also issued tokens.
10. We also considered applying to foreign foundations, but the funding is limited, the rules are numerous, and we are emotionally unwilling to accept foreign foundations to help China’s cause.
11. Director Wang said that he had also been harassed and threatened with death, but he could definitely maintain his team by working hard on YouTube. Director Wang believed that Mr. Li’s YouTube channel with nearly 300,000 fans definitely had no shortage of profit channels, and YouTube should be able to support this team. At the same time, Director Wang directly pointed out that Mr. Li’s YouTube team was very unprofessional, the content was unprofessional, and the level was not good!
12. Director Wang gave a lot of sincere suggestions on operations. He believed that one should start from small to large and proceed step by step. He believed that Teacher Li only needed 2 full-time employees instead of 6-8 people.
13. Director Wang questioned Teacher Li, asking why he wanted to help others when he hadn’t solved his own monetization problem yet.
14. Director Wang reminded that if the coin issuance fails, it will not only damage his personal reputation, but also the collapse of the trust of the entire Chinese community in Mr. Li. Mr. Li expressed his understanding, but he still needed to solve the practical problems.
15. Teacher Li also admitted that if the coin issuance fails, Teacher Li’s reputation will be ruined and he will be completely disgraced. Teacher Wang and Teacher Zhang will come out and he will have replacements. If he fails, he will be sacrificed, but it doesn’t matter!
16. I have not discussed the coin issuance with anyone, only with a programmer in the team and asked a big shot in the coin circle (but he did not respond). I did the entire coin issuance application process by myself. The architecture, 2% belongs to myself, 4% to the team (some people get 1.5%, some people get 1%, some people get 0.3%, and some people get 0.1%), and 19.5% to the foundation.
Director Wang casually asked, "Is the 1.5% given to the programmer?", which showed the sharpness of the interviewer.
17. Teacher Li revealed that he spent $2,500 to buy 25.5% and then distributed it to the team and the foundation!
18. Mr. Li admitted that he did create a coin in September, but later gave up because he found too many robots.
19. Xu and Fang Lian, 1% each. Mr. Li denied that 5,000 bought 120,000 sets and sold them as Fang Lian.
20. Director Wang discussed the timeline of the coin issuance and explored the possibility of insider trading. The discussion was heated. Teacher Li repeatedly confirmed that no one knew the time of the coin issuance in advance. He encouraged everyone to check whether there was insider trading.
21. I listened to the whole interview. Director Wang was very sharp, but it was helpful to Teacher Li. Although there were some cover-ups, some problems were explained, which is probably helpful for the continued operation of this coin! I listened to both of them being quite sincere. Director Wang should be one level higher than Teacher Li in terms of business sense, content operation, content production, and content direction. Teacher Li also provided a lot of first-hand information.