Chapter 290 Surreal



Since it was nighttime when we went in, we could see the AR reality created by the neon light effects, and the colorful light effects of the whole city.

A cyberpunk vibe arises spontaneously.

In addition, I can really shop inside; basically every brand you can think of has moved in.

I bought a pair of shoes from Li-Ning, and then went to KFC for a late-night snack set meal.

The late-night snack set just arrived, and the shoes are supposed to arrive in three days.

According to the press conference, there are also a series of scenarios such as medical care, education, and office work.

Isn't Tencent hoping to build Huanyu-Pengcheng into a complete closed-loop ecosystem?

I believe that when you don't want to go out in real life for various reasons, you won't mind taking a stroll around Huanyu-Pengcheng during your breaks from gaming.

It can even make you more prone to impulsive purchases.

All I want to say is that it would be better if we didn't sell virtual real estate, or if we could just bring down the price of virtual housing.

If it only costs a few dozen or even a few hundred yuan to own a virtual house, I wouldn't mind buying one.

But I can't afford the price of hundreds of thousands or even millions, or even if I could, I wouldn't consider it.

Although I have a feeling that I can make a profit if I buy at this price in the future, I don't want to gamble.

From the perspective of a user who's just getting it for free, I think it's a pretty good product.

The above is the answer from the experiential learning group.

Below is a more professional interpretation.

"To put the conclusion first, the price of virtual real estate will definitely rise. Tencent's pricing is undoubtedly very high based on experience, but the reason for this pricing is to raise the threshold."

This scares away the retail investors who want to try their luck.

At such a high price, it's clear that only truly wealthy people are willing to buy it.

They won't easily sell them after they buy them, which makes it easier for Tencent to manipulate prices.

Just like a stock needs to be repeatedly shaken out before it rises, so as to shake out the weak holders.

The same principle applies to virtual real estate: raising the entry threshold prevents weak or unreliable players from entering the market.

As for why it will rise, the simplest logic is: who wants it to rise, and who doesn't want it to rise?

Tencent, the Shenzhen government, and the wealthy buyers—these people all want the price to rise, and who doesn't? Ordinary people who dislike the real estate market and Tencent.

Ordinary people don't own virtual real estate, so they have no influence on prices.

The combined forces of Tencent, the Shenzhen government, and the wealthy buyers are enough to drive up the price of the first batch of 50,000 virtual real estate units.

Whether this thing has any value is a matter of opinion.

Value is always defined by people.

Another issue is asset allocation.

For ordinary people, hundreds of thousands of yuan may be all or at least a large part of their liquid assets. For wealthy people, hundreds of thousands of yuan is just like tens of yuan to ordinary people.

People with assets worth hundreds of millions will consider products with different risk levels, such as fixed deposits, bonds, money market funds, and equity investment funds, when making asset allocation decisions.

They would also consider purchasing high-risk products like virtual real estate.

This is similar to how more and more wealthy people have started to allocate their assets to cryptocurrencies in recent years.

Virtual real estate has been hyped for many years, but Tencent has brought it to its full potential.

Those who buy are not just betting that virtual real estate prices will rise.

They are betting that technological development will exceed people's imagination.

It took Kechuang Bio a year and a half to go from the first generation of brain-computer interface VR to the second generation.

How long will it take to go from brain-computer interface VR to virtual reality?

Given the relationship between Tencent and Sci-Tech Biotechnology, if Tencent's Huanyu-Pengcheng is a virtual reality experience that can provide a range of sensations such as touch and smell, do you still think the price is expensive?

In reality, houses in Shenzhen cost millions of yuan, but in virtual reality, you can experience the exact same life as in Shenzhen for only a few hundred thousand yuan.

You buy a large apartment in your hometown county, and then buy a house in Shenzhen in virtual reality.

I live in reality at night, but spend my days in Shenzhen, a virtual reality city.

It's basically the same as in Shenzhen, but the price required is less than a third of what you'd pay for a house in Shenzhen.

Everyone can do the math.

I'm willing to take that risk, but there's no doubt that the risks involved are extremely high.

It's higher than you can imagine.

First of all, how long it will take for the technology to reach the level of virtual reality is completely unknown.

Whether Tencent will even exist by then is still a question.

Furthermore, even if Tencent exists, will they still recognize Huanyu-Pengcheng?

Or should we start from scratch?

This is also an unknown.

From now until virtual reality is realized, and Pengcheng becomes a virtual Pengcheng, the unknown risks involved are too high.

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