A Returner’s Successful Investment Method - Chapter 633



Only Krnovel

Episode 633. UDT (8)

Wall Street was shaken by Continue Capital’s short selling announcement.

“I thought it was quiet for a while, but now is it Yuditi?”

“Are you saying UDT’s fee policy will fail?”

“It’s completely different from UDT’s argument.”

“Do game companies have any alternatives other than the UDT engine?”

Short selling reports pour out on Wall Street every day, but Continue Capital’s short selling report had a special meaning.

First of all, I have never been wrong.

For this reason, some analysts went so far as to call Continue Capital’s short selling report a ‘herald of death.’

“Are you sure you’re trying to do something with the Serrill Engine?”

“Are you using this opportunity to push UDT Engine out of the market?”

“Anyway, if Continue Capital steps forward, won’t they do something?”

Continue Capital is an investment company famous for short selling, and is also a holding company that has major game companies as subsidiaries.

And one of them is Legend Games, UDT’s competitor.

Therefore, you can show something with your actions rather than just producing a report.

When the news of Continue Capital’s short selling became known, hedge funds rushed to short sell UDT stocks.

* * *

Continue Capital’s short selling declaration was a huge negative news.

Short selling poured in, investors dumped stocks all at once, and UDT’s stock price slipped in an instant.

Surprised, UDT quickly issued a press release.

[The stock price plunge is only temporary due to malicious attacks by hedge funds. There are no problems with UDT’s fundamentals.]

However, it was difficult to prevent the decline in stock prices.

UDT’s stock price plunge was also an issue in the gaming community and developer community.

-and! UDT is plummeting~~

-It hit $40 today. It’s cut in half compared to the high point.

-Haha, $20 billion in market capitalization disappeared in one report.

-Prior to that, it had already plummeted by more than 10% due to backlash from game companies and developers, as well as Kang Seon-woo’s remarks. If you think about it, it’s not just because of the Continue Capital Report.

-That means UDT has lost trust.

-They charge you a crappy rate plan, right?

-So are you withdrawing?

-No way. It looks like I’ll have to work hard to raise the fallen stock price!

-Anyway, I just have to push through the criticism. There is no other alternative anyway.

Owen Raphael was furious.

“Holy shit!”

In the meantime, I am familiar with the notoriety(?) of Continue Capital. However, he never imagined that the company he was the CEO of would be targeted.

As the stock price plummeted, criticism of the CEO erupted from the board of directors and shareholders.

While Owen Raphael was concentrating on coming up with a solution, his secretary spoke.

“I received a call from Continue Capital.”

“what?”

‘What on earth are these guys thinking?’

Although he was surprised, Owen Raphael answered the phone.

[hello. My name is Han Miru of Continue Capital.]

He said sharply.

“This is Owen Raphael. “What are you contacting me about?”

[I was wondering if it would be a good idea to cancel the new rate plan now.]

Owen Raphael said, dumbfounded, at those words.

“Are you threatening me now?”

[This is advice, not a threat.]

“Continue Capital will benefit enormously if it is withdrawn. Do you always publish short-selling reports like this and then pressure companies to make money?”

[That is a misunderstanding. If you continue to stick to the new rate plan, the market share of the UDT engine will plummet and it will be replaced by another engine.]

Owen Raphael snorted.

“I completely understand what you are thinking. However, it would be unreasonable to replace the UDT engine with the Cerrill engine. “If you have nothing more to say, I will hang up.”

* * *

After hanging up the phone, Sunwoo asked.

“Why did you call me?”

“I’m curious about the reaction.”

I thought about going to see him in person, but I stopped because I was afraid I would be beaten with a stick and kicked out.

“So what do you say?”

“They say the Surrill engine won’t be able to replace the UDT engine.”

Seonwoo nodded and said.

“It’s not wrong. It is true that the Surrill engine is a good engine, but it is difficult to be an alternative to the UDT engine. First of all, the fields of use are different.”

While the UDT engine is suitable for one-person development and small-scale projects, the Suril engine is suitable for large-scale projects with many people participating.

Of course, Cerrill Engine also supports the development of indie games and small and medium-sized games, and has a completely free policy for sales under $1 million… … Since it is difficult to handle, its market share in this field is bound to be eclipsed by the UDT engine.

You could do that to make the Surrill engine lighter as well, but that’s not a good idea.

The strength of the Surrill Engine is its graphics, which are so excellent that they are difficult to distinguish from reality.

Rather than letting go of your strengths and putting effort into improving your weaknesses, it is better to take the time to develop your strengths.

“Apart from that, there is the most important reason why the Cerrill engine cannot be a complete replacement for the UDT engine.”

“What?”

“Game companies and developers will not want the Surrill Engine to completely dominate the market.”

The root cause of this incident in the first place was that UDT Engine was no different from a monopoly company.

If UDT is pushed out and Cerrill Engine increases its market share, game companies and developers have no choice but to worry that something similar will happen again.

So what we need now is not the UDT engine or the Serrill engine, but a third engine.

“It’s a little early, but I can’t help it.”

Sunwoo had foreseen this situation to some extent.

That is why we have prepared for this.

* * *

Among the game companies acquired by SW Games is a studio called Boat 101.

Here, a boat engine was being developed as a new game engine.

Development, which was initially slow, began to pick up speed after being acquired by SW Games.

In addition, Legend Games came forward and provided full support.

Not only did they donate $1 million toward development costs, but they also provided technical support.

It wasn’t particularly profitable, so why did Legend Games support boat engine development?

Although this is intended to keep rival UDT Engine in check, there is another important reason.

UDT has grown around solo developers and indie game companies.

Even if their game becomes successful and the game company grows and the scale of game development increases, it is not easy to switch to a different engine.

Because it’s an engine I’ve used so far, so I’m used to it.

So, recently, the UDT engine has been increasingly used when developing large-scale games.

Therefore, Legend Games supported boat engine development and focused on strengthening compatibility with the Surrill engine.

In this way, the plan is to allow boat engine users to naturally switch to Surrill engines when carrying out large-scale projects in the future.

* * *

[SW Games unveils boat engine produced by subsidiary Boat101 Studio!]

[Boat engine declared completely free! There will never be a charge in the future!]

[CEO Kang Seon-woo, will support solo developers and indie game companies with Boat Engine!]

“A boat engine!?”

CEO Owen Raphael was astonished.

As the development of a new engine was not a top-secret project, we already knew that SW Games was developing a game engine through its affiliated studio.

I thought it would be for their own use, but I had no idea they would release it as a general-purpose engine.

The performance of the revealed engine was beyond imagination.

But surprisingly, this engine is free to use.

Of course, its functionality is still significantly inferior compared to the UDT engine. However, the basic performance was not a major problem.

“Hey, this doesn’t make sense…” … .”

What surprised me most was its versatility and expandability.

It was made intuitively so that anyone can easily learn and use it. So, it’s like… … .

“Seo, was it developed to replace the UDT engine?”

* * *

The boat engine was released for free for anyone to download through the website and Legend Store.

Like the UDT Engine, there is an asset market, so it costs money to buy and sell assets between developers, but using the engine itself is completely free.

There are no subscription fees and no royalties based on sales. Of course, I couldn’t find anything like a fee per download even after wiping my eyes.

There are only two conditions.

First, it must be sold at the Legend Store.

However, it does not have to be exclusive and can be sold together with other ESDs. In other words, it is okay as long as it is not exclusive to other ESDs.

Second, when making paid payments, Dream Pay and cryptocurrency Penny will be accepted.

However, an exception is made if the platform does not support this.

Since there was no reason for the game company not to accept both of these conditions, there were no voices of dissatisfaction.

Developers who looked at the published source code of the boat engine were surprised.

“what? “The level of completion is higher than I thought?”

“It’s much easier to handle than the UDT engine.”

“I heard they will support console porting in the future.”

Just because a new engine is released, it is not an easy choice to immediately introduce it into development.

Game development is a long-term project that can take anywhere from a few months to several years.

If engine support is discontinued in the meantime, development will be greatly disrupted.

Having been so severely stabbed by Uditi, I can no longer trust anyone easily.

However, Continue Capital and SW Games are exceptions here.

Developers were well aware of the efforts they had made for the gaming industry.

Thanks to the advent of Legend Store, the stream fee was lowered to 20%, and thanks to the legal battle of the century with NPL and Gobble, in-app payment fees were abolished or lowered.

And this led to the benefit of game companies and developers.

Unlike UDT, which lost trust, Continue Capital and SW Games have built deep trust with game companies and developers.

“You can trust SW Games.”

“Legend Games also said it would continue to support engine development.”

“I trust CEO Kang Seon-woo and go with a boat engine!”

“Fucking Udity! “Boat engines save the indie scene!”

“CEO Seonwoo Kang will do everything. There is hope, hope. All this time he lived without hope… … .”

Indie game companies and developers all released welcome statements.

[Welcome Boat Engines!]

[From now on, all of our games will be produced with boat engines!]

[I am willing to donate my talents to the success of boat engines!]

In some cases, voluntary fundraising campaigns were held to develop boat engines.

Developers were happy to donate to this fundraiser in the gaming industry, and in an instant, $3 million in donations was collected.