Epic raised 2 billion yuan, one step closer to the metaverse

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Edited by Zhang Yuming | Tu Min

Listing | CSDN (ID: CSDNnews)

On April 11, the game developer Epic Games announced that it had obtained a new round of financing , with a financing amount of US$2 billion , led by Sony and KIRKBI (the parent company behind Lego), each of which invested US$1 billion. This round of funding will be used to fuel Epic’s efforts to establish the Metaverse and support its continued growth. 

After this round of financing is completed, Epic's valuation will reach 31.5 billion US dollars.

I believe that game fanatics must have heard of Epic Games. Epic Games is one of the most prestigious game production teams in the past decade, mainly because of its best-selling "Gears of War" series.

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Picture source War Machine Organ Network

The Unreal 3 engine developed by the team has been adopted by countless game production teams. In 2011, "Gears of War 3" released by Epic Games attracted wide acclaim from the industry. Representative works include "Bulletstorm", "Fortress Night" and so on.

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UE5 makes it possible to realize the Metaverse

On April 6th, Epic Games just released UE5, and the movie-level special effects also attracted the attention of the public . In addition, Epic used PS5 (PlayStation 5) to demonstrate its Unreal 5 engine, which also reflects the close cooperation between Sony and Epic in specific businesses.

It is worth noting that since the concept of "metaverse" became popular, many related industries have been advancing rapidly with the help of the metaverse. According to the current industry consensus, "Metaverse" has six core technologies, namely Internet of Things technology, blockchain technology, interactive technology, network and computing technology, artificial intelligence technology, and video game technology. important part. This time, Unreal 5 takes scene rendering and fidelity to a higher level.

This time, the new technologies Lumen and Nanite mainly brought by the virtual 5 engine can make it more possible for the "metaverse" to realize a world that is false and real, and enhance the sense of immersion in the conception of the metaverse.

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Sony and KIRKBI are fully bullish on Epic's prospects 

This round of financing also fully demonstrates that Sony and KIRKBI are fully optimistic about the future prospects of Epic and their recognition of the future development of Metaverse.

Kenichiro Yoshida, Chairman, President and CEO of Sony Corporation, said, "As a creative entertainment company, we are pleased to invest in Epic to advance our work in building the metaverse. We also believe in the strength of Epic, its powerful game engine and The combination of Sony's technologies can accelerate our development."

KIRKBI CEO Søren Thorup Sørensen said: "Epic Games is a company known for making fun and creative experiences and supporting creators big and small. Part of this investment is focused on what I think will impact everyone. The future trend of living with children. The investment in Epic Games will allow us to enter the digital gaming field more quickly."

Tim Sweeney, CEO and Founder of Epic Games, said: "As we reimagine the future of entertainment and gaming, we need partners who share our vision. Working with Sony and KIRKBI, we found that they are exactly what we were looking for. This investment will accelerate our work to build the Metaverse and create spaces where gamers can have fun with friends, brands can build creative and immersive experiences, and creators can build communities and thrive.”

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The heat of the metaverse continues

Metaverse has been very popular since it was proposed. In addition to foreign game companies, domestic game companies are also actively developing metaverse business. Tencent registered two trademarks, Kings Metaverse and TiMi Metaverse, marking its game sector’s march into Metaverse. Last year, ByteDance increased its investment in Reblox competitor Reworld by nearly 100 million yuan. 

However, people have different opinions on the metaverse in the game industry. Some people think that game technology is one of the six core technologies of the metaverse, and the development of the metaverse will surely bring about the prosperity of the game industry. The development may bring about a "shuffling" of the game industry. Of course, there are not a few people who think that the metaverse is "nonsense" (they think that people who talk about the metaverse don't know what they are talking about). What do you think about this, welcome to leave a message to tell us. 

References:

  • https://www.epicgames.com/site/zh-CN/news/sony-and-kirkbi-invest-in-epic-games-to-build-the-future-of-digital-entertainment?lang=zh-CN

  • https://baike.baidu.com/item/Epic%20Games/3259507

  • https://new.qq.com/omn/20220412/20220412A097NU00.html

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