"Games, the Contents and the Economy" written by Acean D Park]

泥中蟠龍 's Game 愛歌 [A love song for games of the dragon waiting for an opportunity]   No one can leave the island on foot December. 28. 2017.   I heard a heartbreaking story from an acquaintance in the gaming industry a while ago. Investors are reluctant to invest in mobile games, despite currently ongoing boom for the local gaming sector thanks in part to a couple of successful game makers. In particular, some start-ups are said to be cash-strapped. Even an investor who is interested in a big publisher's game project that a famous developer involves doesn't want to consider to commit capital to a game with a low success rate due to astronomical cost for marketing, user or marketing data tracking, and a global strategy, etc. I strongly argued that not every venture capital firm isn't like that and I actively examine details of the small start-ups, however, it is true that he pointed out that I don't represent the whole venture capitalists and...

泥中蟠龍 's Game 愛歌 [A love song for games of the dragon waiting for an opportunity]   Survivorship bias   December. 14. 2017. During World War II, United States Armed Forces conducted a study of the damage done to aircraft that had returned from missions to minimize bomber losses. The study showed a tendency by the returning aircraft, in particular, to be hit on the wings and tail with a bullet and had recommended that armor be added to the areas that showed the most damage. However, questioning the analysis result, a researcher proposed that the Navy reinforce areas where the survived military aircraft were unharmed: cockpit and engine. The mathematician commented that the study didn't consider bombers that had been shot down in the engine or cockpit in their missions, while the majority of aircraft with holes on wings and tail returned home safely. If he hadn't detected the fallacy of the data analysis, the U.S. Army may have wasted a lot of budget...

泥中蟠龍 's Game 愛歌 [A love song for games of the dragon waiting for an opportunity]   The founder and the owner   November. 30. 2017. Recently, I heard of a painful story from the CEO of an investment firm. To sums up,   “Why do most chief executive officers are the majority shareholder in the video game companies and keep holding it since the firm received investment several times? Why don't they evenly divide profits with the founding members? I think there seems to be an issue."   As the introduction says, I worked extensively with video game development and I'm now working with investment in game studios. An investor who provides capital to start-ups showing high growth potential is called a "venture capitalist (VC)". Among them, the number of VCs that specializes in investing in game development is not significant. Therefore, I have been given a chance often to deliver a lecture on things that a game company ...

泥中蟠龍 's Game 愛歌 [A love song for games of the dragon waiting for an opportunity]   G-Star and Busan International Film Festival   November. 23. 2017. I go to Busan a couple of times every year to attend Busan Indie Connect Festival (BIC Fest) in summer, Busan International Film Festival (BIFF) in October, and G-Star in November. Aside from relatively small-scale BIC Fest, there are many similarities between BIC Fest and the other huge international content-related events. Participants have an opportunity to look back on what has happened in each industry for the past year and see brand-new content which will be released soon. The festival is attended by celebrities and famous producers. Also, there are many content creators to attract investment for a project in preparation and overseas sales as well.   The majority expected that the number of audiences would decrease a lot since College Scholastic Ability Test (CSAT) pushed back a week due to...

이중반룡의 게임애가 泥中蟠龍 's Game 愛歌 [A love song for games of the dragon waiting for an opportunity]   Who is a data monopolist?   August. 29. 2018. I recently read an article in which the Korea Communications Commission has launched policy developments to respond to data monopoly of companies including Google, Facebook, and Amazon etc. It also said that Google has been hit with € 4.34 billion fine by EU regulators for forcing Android device manufacturers to load search engine and browser and KCC let their policy stand in the way of rectifying 'tilted playground' between multinational Internet content providers and local content corporations. I may be a person with a narrow outlook on the issue, but it doesn't give me a satisfactory explanation.   Before anything else, a monopoly exists when a specific person or company is the only supplier of a particular good or service. And an oligopoly is a market in which control over the supply of a commo...

이중반룡의 게임애가 泥中蟠龍 ‘s Game 愛歌 [A love song for games of the dragon waiting for an opportunity] Should keep net neutrality alive? Part 03   August. 15. 2018. I talked about the dictionary definition of net neutrality, the characteristics as public goods, and the problem with zero rating in Part 02. Lastly, I'd like to take a look at why net neutrality should be kept alive.   Let's look back on the past. The telephone companies were heavily against the implementation of mVoIP, mobile Voice over Internet Protocol, in 2012. They insisted that the new service would pull down their profits and deter new investment. Anonymous people, called experts in the media, claimed that the net neutrality repeal will guarantee quality for network service and protect subscribers' interests in the long term. They also said that it is finding balance between the telephone companies and Internet content providers and protecting the rights of users who want better ser...

이중반룡의 게임애가 泥中蟠龍 ‘s Game 愛歌 A love song for games of the dragon waiting for an opportunity   Should keep net neutrality alive? Part 02   August. 01. 2018. I took a look at the dictionary definition of net neutrality and talked about two stances of it in Part 01. There are Internet service providers' position where Internet content providers providing information through network should pay network fees for their users and Internet content providers' position in which net neutrality is the basic right and digital contents industry can be threaten without net neutrality. I'd like to examine the two sides of it in detail.   First, we need to make sure that network is public goods or private property. Do you think network can be replaced with another? We are already living in the world of Internet. Teachers access to the Internet for sending newsletters and bank clients don't go the bank thanks to Internet banking. Living without Internet ...