Game development begins with destroying Girls' Frontline.

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It was precisely this surge that led to the price increase.

This allowed a cryptocurrency trading company to stand out and become the trendsetter of this ranking in 2017.

But this thing...

It's less of a weather vane and more of a trendsetter.

Moreover, it's a trend that domestic companies don't easily get involved in.

Even many large foreign companies are not very interested.

Because this thing is essentially competing with global official bodies for the right to mint coins, even though many investors later discovered that this thing could be used to fleece investors.

As funds began to flow into the market, the US, which is controlled by capital, loosened some regulations on cryptocurrencies, but the essence of the matter remains unchanged.

Therefore, even when cryptocurrencies skyrocketed in the future, very few companies got involved.

Even Musk only launched a Bitcoin payment service.

See here.

Chen Zhou suddenly remembered that Spark America seemed to have supported Bitcoin payments and top-ups since its inception.

It was one of the first gaming companies in the United States to support Bitcoin payments.

It even made the news back then.

I wonder if that damn Xinghuo made any money from this.

Skip this line of thought and keep scrolling down.

After flipping through a few more pages, Chen Zhou finally understood why Ma Xiao looked so worried.

Because of this report.

They actually nominated Xinghuo as a candidate for the 2018 trendsetter company.

Although the candidates are companies, it is still unknown who will ultimately be the bellwether company.

Can...

You should look at what kind of monsters were listed as candidates in 2018, just like Spark.

Tesla, which achieved phenomenal sales of its Model 3 in 17 and 18, represents the development direction of the Internet-based new energy vehicle industry.

Douyin, which has been rapidly expanding its reach across the world, represents the future direction of the short video industry.

Qualcomm, the undisputed leader in mobile phone chips, claims that 2019 will mark the beginning of the 5G communication era.

Below these companies.

Suddenly, a spark emerged, representing the direction of the dual-platform service game and the next-generation game platform industry.

It inevitably gives people a certain impression.

The feeling of "Huh?"

Chapter Eighteen: Spark? A valuation of hundreds of billions!?

However, these reports from investment banks are not just random fabrications.

The title of the report, "Global Blue Ocean Industry Trends," prominently features the word "blue ocean."

Blue Ocean Market refers to untapped new market spaces with little or no competition.

Of course, in this era of intense competition, the so-called blue ocean is only relative.

The reason why Spark appeared in the report.

It's also because of the word "blue ocean".

In just two years, Xinghuo was able to start from scratch and achieve a valuation of hundreds of billions as estimated in the report.

In the words of the report's authors.

This is an extremely "puzzling, yet real" phenomenon.

To answer the question, "Why can Spark do this?"

The report presented extensive evidence and ultimately drew a conclusion.

"There is still a lot of room for growth in anime-style mobile games."

"Next-generation platforms represent a new direction."

Only these two conclusions can explain why Spark could take off like a rocket.

Because they chose the right industry.

Upon seeing this conclusion, Chen Zhou couldn't help but complain.

"What a load of bull! A hundred billion dollars? NetEase's market value is only a few tens of billions? Does this mean they think Spark has already surpassed NetEase?"

"A company that makes crappy anime games can be valued at hundreds of billions of dollars. I think these American investment institutions are blind."

Chen Zhou watched and made comments at the same time.

Hearing these complaints, Ma Xiao waved his hand.

"Never mind that, just read on carefully and look at the analysis."

Chen Zhou then continued reading.

He didn't pay much attention to the valuation formula, since the valuation of a non-listed company is essentially just a matter of what the boss says.

The key point is the analysis of the gaming industry in this report.

The report believes that...

In the future, the market for dual-platform service games will be even larger, and the niche market of anime-style games is far from saturated.

The logic behind this inference lies in Spark's revenue growth.

Based on the growth curve of Spark, the "experts" conducted a great deal of research and analysis.

The entire data model is very beautiful.

After all, Spark's underlying data is excellent, with high growth rate and high profitability.

Use this data to build a model.

The resulting data would naturally look good.

And it's very realistic.

Because all the data has a definite source.

When I looked at this data, wow!

No wonder Spark was nominated.

Even Chen Zhou had to admit that if you only look at this report...

Whether it's anime-style games, the dual-platform market, or even next-generation platforms, it is indeed a very attractive blue ocean market.

The global market for ACG (Anime, Comics, and Games) mobile games across both PC and mobile platforms is projected to reach $300 billion in 2020.

It accounts for 40% of the entire mobile game industry.

It is estimated that the number of users of anime-style games will double within two years.

It is estimated that within two years, the PC will enter a console-like era, and platform channels will become the absolute main channel for PC players to purchase games.

Furthermore, the report also believes that as the Chinese market matures, the market share of these sub-markets will increase further in the future.

"This data is just too outrageous."

Of course it's an exaggeration.

If Lin Li were standing nearby, he would likely be able to tell that the data in this report is almost double the actual data from 2020 in his previous life.

The doubled data is naturally very tempting.

In other words, the person who wrote the report is an expert in advertising, who only believes in data and his own model.

Otherwise, they wouldn't have included such an exaggerated prediction in the report.

At the very end.

The report also outlined the strategies employed by some gaming giants in these sectors.

The article mentions EPIC and also refers to an announcement released by EA some time ago.

EA previously announced that it would invest heavily in the dual-platform game market and the anime-style game market in the future, seeking market growth in East Asia.

"Damn it, it turns out these companies were just pushing their own agendas. I have to say, that was a brilliant move."

"Has EA's stock gone up?"

As a professional investor, Chen Zhou immediately saw the implications behind this report.

There must have been some manufacturers who made underhanded deals with them; big investment banks have done this kind of thing all the time.

Simply put, it uses a case study to illustrate how amazing a market is, and then indicates that a major player in that market is starting to follow suit.

Unfortunately, the companies in these cases are often not publicly listed.

If you also believe this market has a future, whose stocks should you buy?

"It has gone up, but that's not the focus of our discussion today. Instead, we're talking about the chain reaction triggered by this report."

"chain reaction?"

Ma Xiao nodded.

He picked up his coffee and drank it, then had his assistant, who came in to pour tea, hand over several documents to the people in charge present.

These documents are news articles.

How did Xinghuo achieve such remarkable success, going from nothing to something in just two years?

"Spark Platform is surprisingly powerful; can its hundreds of billions in assets win the platform war?"

Even before its official launch, Galaxy Park has caused a global sensation, pushing Xinghuo's valuation to over ten million, demonstrating its formidable momentum.

Can the collaboration between Xinghuo and NetEase bring down Tencent? Xiaohan from Justice Online brings you the details.

Spark may be even more impressive than you in the 2018 Internet Industry Trendsetter Nominations.

"These people are incredibly ignorant. Can't they even see through such an obvious tactic to manipulate stock prices?"

After reading the document, Chen Zhou's first reaction was that these media outlets would do anything for clicks.

The technique of taking things out of context is exceptionally strong.

"It's not that they're stupid, it's that they know what readers want to see."

Ma Xiao sighed.

"Mr. Xiao, these news stories are just a passing fad. What impact can they have? Is it worth getting so angry about?"

Chen Zhou was somewhat puzzled.

He wasn't the only one with this question; everyone else sat up straight as well.

Even domestic media outlets have begun to reprint this report.

The competition between Penguin and Spark, especially the competition between the WEGAME and Spark platforms, will not have a significant impact.

Furthermore, the timing of this report coincided with that of Galaxy Park.

It seems to be gaining momentum, but it will likely last much shorter.

There's really no reason for Ma Xiao to be so serious.

"It's not a publicity issue, but rather that this article will trigger a lot of chain reactions. For example, Mr. Ma contacted me again this morning."

When Ma Xiao said that...

Everyone present understood.

Because both Ma Xiao and Ma Huateng share the surname Ma.

Therefore, everyone calls Ma Xiao "Boss Xiao".

The "General Manager Ma" that Ma Xiao mentioned is naturally Ma Huateng.