At the same time, when you purchase virtual real estate, you will sign a purchase contract with Tencent, which will clearly stipulate that the virtual real estate is unique.
We cannot expand virtual real estate indefinitely.
For example, beachfront properties in Qianwan will not be sold repeatedly on any of Tencent's platforms.
Every virtual real estate unit sold will be certified in the blockchain built by Tencent, and will also be certified by the official Pengcheng government.
In the future, the official Pengcheng authorities will not authorize other major internet companies to recreate Pengcheng within their own metaverse.
This means that other internet giants who want to build virtual cities will need to partner with other cities.
Besides Shenzhen, the only other top-tier cities are Shanghai, Beijing, and Guangzhou.
Yuecheng has already been secured by Tencent, and they expect to launch it in the future.
It's unrealistic for Yanjing to negotiate a deal; the only possibility is for a state-owned enterprise to handle it.
There aren't many options left.
At this moment, the internet executives in the audience or watching the live stream remotely were making some mental calculations.
In this field, only giants have a chance to enter; small and medium-sized enterprises have no opportunity at all.
Besides the fact that cities won't choose to license to small and medium-sized enterprises, another very important point is that buildings are protected by copyright, and obtaining these copyrights is crucial.
Not just any company can do that.
"Because the price of Huanyu-Pengcheng is relatively high, most Futureverse users will not choose to buy virtual real estate."
Therefore, users who do not have virtual real estate can also use Huanyu-Pengcheng.
However, they can only use them in public areas.
For example, tourist attractions, parks, pedestrian streets, and similar places.
Users who purchase virtual real estate can also choose to rent it out to other players.
You can perform the same actions on your properties in the real world as you can in the virtual world.
In addition to individual users, we also welcome enterprise clients.
Corporate clients can purchase commercial real estate or shops in Huanyu-Pengcheng.
We also provide virtual meeting rooms for our corporate clients.
As we all know, Tencent has branches all over the world. When we need to hold remote meetings, we can enable them to hold the meetings in Shenzhen.
People can hold meetings in the virtual Pengcheng, Tencent's office building, which has been created.
We have integrated all the functions of Tencent Meetings into Huanyu-Pengcheng.
In the virtual city of Shenzhen, we also provide online education services.
We collaborate with more than 20 top private schools, including Pengcheng, Shenhai, and Hangcheng.
We select the best teachers to create a teaching staff whose quality is no less than that of offline education.
All of these resources, representing the best educational resources in the country, can be enjoyed in Huanyu-Pengcheng.
In addition to online education, we also offer online medical consultations, and currently we mainly choose to cooperate with Pengcheng Overseas Chinese Hospital.
Experts at Pengcheng Overseas Chinese Hospital will provide online consultations to users from across the country.
Why are houses so expensive in reality, yet people still have no choice but to buy them?
Because housing is tied to attributes other than just living, such as education and healthcare.
Especially when it comes to school district housing, Chinese parents spare no effort in investing in education.
Even before brain-computer interface VR was available, Tencent had been investing in the online education field.
At that time, they primarily acted as online education service providers, helping private institutions to develop online education.
Tencent doesn't get involved directly.
After the huge success of brain-computer interface VR, Tencent started to get involved directly, mainly collaborating with some after-school education brands, such as New Oriental and TAL Education Group.
Our main focus is on online education for adults preparing for postgraduate entrance exams, TOEFL, and IELTS.
It's not that Tencent doesn't know that education for minors is the most profitable sector; rather, Tencent is saving its big move for now.
Ren Yu did not elaborate, but in reality, these top-tier private education resources from China's first-tier and new first-tier cities are undoubtedly tied to virtual real estate.
Only in this way can these virtual properties better reflect their value.
Because this is something new that Tencent is developing, they are not 100% sure whether the market will accept it, so they want to add some value.
Companies are already working on things like online telemedicine using VR.
Companies like Ali Health and JD Health have done this, and Tencent's online telemedicine also uses JD Health's ready-made modules.
Tencent is JD.com's largest shareholder, holding nearly 20% of the company's shares.
This is a very high percentage of shares for a company with a market value of hundreds of billions of US dollars.
Therefore, Tencent provides significant support to JD.com, and Tencent will choose to let JD.com do many things that it can do.
Tencent's approach to investing in companies is primarily to empower them, while Alibaba's approach is primarily to acquire and integrate them.
"Huanyu-Pengcheng is Tencent's culmination of its understanding of the metaverse, and it will become a benchmark work in the metaverse industry."
We hope all users can experience the pace of the future arriving in Huanyu-Pengcheng.
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