Because the new product launched by Tencent is named after a city, a senior official from the Pengcheng Municipal Government spoke after Ren Yu's speech.

Of course, the content of the speech was nothing more than Pengcheng's pioneering spirit and its hope to achieve breakthroughs in the Internet industry amidst the unprecedented changes of the century.

Both Tencent and Shenzhen have high hopes for Huanyu-Pengcheng.

It's not just because of its potential revenue, but more because it represents their exploration of the future form of the internet.

They have integrated their exploration of future virtual universe applications into Huanyu-Pengcheng.

Compared to securing a ticket to the next generation of internet revolution, revenue from land sales has become less important.

Although the theoretical maximum is 500 million square meters of residential land, it is unlikely that all of it can be sold.

Even if houses in Shenzhen were discounted by 90%, the price would still be unacceptable to the vast majority of Chinese families.

After all, it's virtual real estate, and no matter how much hype it up, it won't gain the approval of most people.

While most users are willing to spend tens of yuan to buy QQ Show items or decorate their QQ spaces, it's unrealistic to expect them to spend hundreds of thousands or millions of yuan on virtual real estate.

This requires guiding a shift in user perceptions.

Tencent's internal assessment suggests that as long as the transaction price of virtual real estate continues to rise, coupled with public opinion campaigning, it will likely take five to ten years to reshape public perception.

Ten years ago, if someone told you that a single BTC was worth 10,000 US dollars, you would definitely think that person was exaggerating.

However, after BTC dropped from the US dollar, many people felt that it was worth buying BTC at 10,000 US dollars per coin.

This is a reshaping of your perception. All cryptocurrency players have had their perception of the value of cryptocurrencies reshaped through several cycles of cryptocurrency bull and bear markets.

The bull and bear market cycles in the cryptocurrency market are much faster than those in the A-shares market. While the A-shares market hasn't even finished one bull and bear cycle, the cryptocurrency market may have already completed three or four.

The essence of Bitcoin has not changed; people's perceptions have changed.

Similarly, Tencent has devised a comprehensive strategy to reshape perceptions in the future.

This is a new way of playing in the information age; it's a cognitive and informational war waged by enterprises against individuals.

Moutai is a good example of a consumer product. Of course, Moutai is a past example, and the strategies for modern consumer products are different.

For example, in the booming milk tea industry in recent years, milk tea priced at around 20 yuan has become a new norm.

If Tencent were to do it, it would do it even better than the aforementioned consumer goods companies, and in a much more subtle and efficient way.

Furthermore, you can't criticize him from a moral or legal standpoint for this kind of business manipulation.

"Can we do it? We're planning to communicate with the Hangzhou authorities. This is a very promising sector, and we need to follow up on it."

I told Zhang Yong and Cai to prepare to convene a board meeting to discuss this matter.

Also, why didn't we pay attention to such a big move by Tencent?

This needs to be addressed by holding those responsible accountable; the business acumen is far too low.

This is a conversation that took place in Hangzhou.

Although Mr. Ma left the board of directors of Ali and Zhang Yong took over as chairman, Mr. Ma is still Ali's No. 1 employee and partner.

In Ali's leadership system, partners have the power to nominate board members.

Board members are nominated by the partners, not based on shareholding.

Therefore, Teacher Ma still maintains a strong degree of control over Ahri.

It's not just Ali that's thinking about whether it can do it; companies like Baidu, Baidu, and NetEase are also considering whether they should follow Tencent's example.

The benefits alone are staggering.

Mihoyo, a new gaming giant with massive funds, is thinking about creating anime-style worlds, not necessarily bringing real-world cities into the virtual world.

They felt that the virtual world was even more appealing.

Art has always been miHoYo's strength, and its anime-style realistic style has already been proven by the market.

In its early stages, China's internet industry drew inspiration from the business models of American internet companies.

Baidu is comparable to Yahoo, Tencent is comparable to ICQ, and Ali is comparable to Amazon.

Even at the height of the internet boom, a group of entrepreneurs were eyeing America's internet industry to see if there were any business models worth learning from.

From tech giants to small and medium-sized internet companies, there are countless similar cases.

Therefore, it is a very common phenomenon in China's internet industry that once you do something and it works well, other companies will copy it.

"Tencent is really amazing. Although there is a lot of criticism in the media, I think their new product will most likely be a success."

After the press conference that afternoon, there was a dinner hosted by Tencent. After returning to the hotel after the dinner, Li Shuyao remarked with emotion.

At the dinner, Li Shuyao sat at a table with the founders of some small and medium-sized Internet companies, as well as the vice president of Tencent.

Li Miaomiao was at another table, with higher-ranking figures like Xiao Ma Ge.

Outside, Li Miaomiao is Zheng Li's representative.

"I never imagined that virtual real estate would be tied to real-world cities before Tencent's press conference."

I thought it was just a life simulation game.

However, Huanyu-Pengcheng is also a simulation app.

After Li Shuyao finished speaking, Li Miaomiao also sighed with emotion: "Do you know how much of the revenue Huanyu-Pengcheng is going to give to Pengcheng?"

Tencent will definitely release this information to divert public pressure from them, but they won't release it at the press conference.

Instead, the information is released through leaks from senior executives or rumors, and then securities reporters ask questions, with the company secretary answering to verify the authenticity of the matter.

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