"The 'Global Pengcheng' project is also a creation of Tencent employees."
“Pony, don’t blame me for being blunt, but I’m very interested in metaverse and cryptocurrencies.”
I have personally experienced Huanyu Pengcheng in depth.
Residential properties in virtual real estate are purely speculative, and I believe they are worthless, or not worth their current price.
In the realm of virtual real estate, the truly valuable properties are commercial real estate, such as shops and office buildings.
These are the things that are truly valuable.
Zhang Yiming didn't mean to cause trouble for Pony Ma; he genuinely thought so.
He stopped there and didn't say anything more.
Because ByteDance also plans to develop a virtual world and sell virtual real estate.
If they say too much now, it wouldn't be good if Tencent copied their ideas.
Tencent already had a first-mover advantage.
In Zhang Yiming's vision, ByteDance's virtual cities will be cyberpunk-style transformed to a certain extent.
Meanwhile, the prices of virtual real estate will be set very low, but the prices of shops and office buildings will be consistent with those of Huanyu Pengcheng.
Besides Pony Ma and Zhang Yiming, Ali also plans to create a virtual city.
They have reached a relevant cooperation agreement with Hangzhou.
"The value of virtual real estate lies in consensus. I admit that there are significant functional differences between virtual and real-world residences."
That's why we're building a global city, not just some random fictional city.
In the world of Pengcheng, the value of virtual real estate is highly integrated with the real-world city of Shenzhen.
"As long as its value exists in reality, then the value of Huanyu Pengcheng also exists," Pony retorted.
Pony and Zhang Yiming are old rivals, but their business rivalry doesn't affect their outward harmony.
Shen Nanpeng tried to smooth things over by saying, "Yiming's viewpoint is based on practical considerations, while Pony's viewpoint is based on economics."
Everyone's points are valid.
Li Yanhong is the type who enjoys watching the drama unfold:
"I also agree with Yiming's point of view that there is no essential difference between commercial real estate in the virtual real estate sector and commercial real estate in the real world."
In real-world shops, I also display goods and complete transactions.
In the virtual world, I can also put my products on the store, and if consumers place an order, they can have them delivered to their homes online.
At the same time, my office in the virtual world can hold meetings and work remotely, which is also meaningful.
But what about virtual homes?
Could I really live in there?
Unless virtual reality technology becomes a reality, I will not be able to have the same feeling living in the virtual world and the real world.
Then I agree with this price.
The current price is indeed a bit too high.
By the way, Pony, when will the store start selling to the public?
Let me know when it's released to the public; I'll definitely buy it.
Li Yanhong initially downplayed the issue before praising it, ultimately affirming the value of virtual real estate.
Ma Yun also stepped forward and said, "I also believe that virtual housing only has speculative value and no real value."
Pony felt unhappy, but for the time being, she didn't have a good reason to refute him.
He stated openly, "We don't need to argue about this issue too much today; let the market prove whether virtual housing has any value."
In addition, the commercial real estate in Huanyu Pengcheng will play a new role by the end of this year.
The virtual office building will be available for sale at the end of this year. Everyone is welcome to come and support it.
Our virtual office building can simulate the same effect as a real office.
Everyone can try it out then.
Everyone present was at least a senior executive, and hearing Pony's confidence piqued their interest.
At this point, Lei Jun said, "I know what product it is. Pony and I have discussed it many times, and it can indeed achieve an effect very close to that of real-world office work."
I believe that remote work will become mainstream with the help of this product in the future.
This will save you a significant amount of money.
Zhang Chaoyang became nervous and quickly asked, "What specific product is it?"
Sohu's market capitalization on the US stock market is around 600 million US dollars, while NetEase, which was founded around the same time, has a market capitalization of 60 billion US dollars, which is 100 times that of Sohu.
After failing in many areas, it wouldn't be an exaggeration to say that Zhang Chaoyang and Sohu have given up.
Sohu's revenue in recent years has mainly come from two sources: one is the game Tian Long Ba Bu from many years ago, and the other is the rental income from the Sohu Network Building.
If remote work becomes mainstream due to technology, the rental income of Sohu Network Building will plummet.
Zhang Chaoyang thought to himself that if the other party's product was really promising, then he might have to consider selling the Sohu Network Building.
Seeing that she had successfully changed the subject, Pony said, "Innovation Future will launch AR glasses based on brain-computer interface technology in the second half of this year."
We will be launching an AR version of WeChat for businesses on AR glasses.
With the help of WeChat for Business and the office buildings in Huanyu Pengcheng, remote working will achieve the same effect as in-person working.
Pony Ma won't say much either, considering that Ma Yun, who is present, owns DingTalk, and Zhang Yiming owns Lark.
They are all old rivals in the corporate office sector.
He doesn't want Tencent's ideas to be copied. "I can do this to others, but others can't do this to me."
Plagiarism is inherently difficult to define from a legal perspective; at most, it can be condemned from a moral standpoint.
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