Becoming Rich with Daily Scavenging APP

Chapter 718 718: Internet Self-Regulation Convention

In fact, long ago there was news that within the companies behind CSGO and Dota, some insiders were exploiting the market for profit.In Chen Yiyang's view, this news is bound to be true.

Because the trading volumes of these games' markets are enormous, with a lot of money flowing through them.

This means, as long as they aren't too greedy and only make a few million or tens of millions, no one would notice.

What's more brilliant is.

This market lacks any external supervision.

If in the stock market, an insider tells their family and friends internal information to profit,

once discovered, they would be directly sentenced.

But in the CSGO item market, there is absolutely no regulation.

Even if you make money through insider trading, the law can't do anything.

This is also why sometimes players online feel the game company's decisions are bizarre and rumors spread that planners collude with game studios to intentionally harm players.

Because many game company insiders do just that.

Complete a few deals, and you can make what would take a lifetime of earning a steady salary.

Even if discovered, at most they'll be fired, never jailed.

On one hand, the relevant laws and regulations are imperfect, and on the other hand, company higher-ups sometimes cover up such matters.

After all, sending one's own employees to prison doesn't sound good, affecting the company's image. And once players know the truth, they will start suspecting others within the company, challenging the future operation of the game.

Just like the famous DNF game.

Someone exploited game bugs, producing large quantities of items, making over ninety million.

Later, after the matter was exposed, players discovered that in fact, for the past six months prior to this person being caught, the planning team knew this player was using bugs to replicate items and profit but neither fixed the bug nor reported them, just watching him make over ninety million.

Who would believe there was no transfer of benefits behind the scenes?

Moreover, the company behind CSGO has a record.

In their other game Dota 2's item market, even until now, people are using game bugs to copy high-end items costing thousands or tens of thousands to put on the market to make money.

This behavior has lasted for years, practically becoming common knowledge.

But the company has never taken action, which is too intriguing for inquiry.

So, if CSGO really plans to launch a feature where red items can be combined into gold items this time.

Chen Yiyang believes a lot of insiders will start using accounts secretly to sweep up goods.

However, because of the many cheap red items on the market, this kind of sweeping won't attract much attention and will just be seen as normal fluctuations.

So Chen Yiyang immediately had his assistant create a monitoring script to monitor in real time the price fluctuations of all red items on the in-game market and foreign third-party trading markets.

Soon it produced results.

Over the past few days, the quantities of all the low-priced red items in the market were decreasing, and prices slightly rose.

But to anyone without advance notice, this degree of market fluctuation would look like random market movement and wouldn't have any major impact.

However, to Chen Yiyang who knows the answer in advance, this is solid proof.

CSGO indeed launched a recycling system, allowing players to combine red items into expensive gold knife and glove skins.

Now those cheap red items costing a few bucks each may increase by hundreds of times in the future.

Thinking of this, Chen Yiyang called over the little accountant.

This money is something he looks down on but it's quite good for the little accountant to practice investment.

"Hey hey, didn't they say these CSGO items are a scam?" The little accountant, hearing Chen Yiyang recommend these items to him, seemed puzzled.

"It's a scam. But now there's a good opportunity to make a fortune by bagging a bargain. After making money, you can then give up investing in this stuff."

Chen Yiyang taught the little accountant how to operate and told him he had picked up some inside information that said CSGO would introduce a recycling function, so the current red items would be very valuable in the future.

The urgency of teaching the little accountant is mainly because Chen Yiyang has to go to the Imperial Capital in a few days.

This time, the Internet Association has come up with a "Code of Self-Discipline to Promote Internet Platform Interconnection and Interoperation," and several of his companies are involved in this code, so he has to go to the Imperial Capital to discuss with other company bosses how to proceed.

The reason for the birth of such a code is that the aim is to prevent large companies from using monopolies and their size advantage to engage in vicious competition.

The most typical example was the formerly supported shopping platforms of Ah Li and Tengxu mutually prohibiting users from using each other's payment methods.

This code was created to prevent such occurrences in the future.

The code emphasizes three aspects: first, interconnection of applications and services, supporting users in easily switching services between different platforms, and not restricting the use of legal third-party services without valid reasons.

Second, advance the identification and access of external links. A typical example of this was when WeChat previously banned Douyin's external links, suppressing Douyin.

Third, data interconnection and interoperation, following the principle of minimum necessity, collecting and using within the scope authorized or allowed by laws and regulations.

These three major rules restrict those large companies that have formed de facto monopolies from expanding disorderly and squeezing the survival space of small companies.

In this regard, Chen Yiyang certainly wholeheartedly supports it.

After all, his Yiyang Flash Sale is a new player in the market. Without the above constraints, Ah Li and Tengxu directly limiting users of Yiyang Flash Sale from using their payment methods would likely lead to Yiyang Flash Sale's complete collapse within a week.

Though this regulation isn't very friendly towards large companies.

But today the high-level executives from large companies discussing this code all spoke eloquently and all expressed willingness to join the code.

A total of 62 Internet companies participating in this code, including Douyin, Tengxu, Taobao, Ant, Jindong, Ugly Group, Kuaishou, etc.

Basically, any company with some scale joined.

Before the meeting, to ensure that major companies would smoothly pass this code, a leader came up to say a few words.

The meaning was clear.

You old established companies have grown thanks to the dividends of the era, so you must take on social responsibility and not expand greedily and disorderly, and promote platform interconnection.

Your current data and traffic are not your private property alone.

The most important thing is the last sentence.

Prior to this, major Internet companies all considered the traffic and data within their platforms as their core assets, staunchly refusing to share with outsiders.

But now that's not possible; a platform doesn't own the flow but has the right to use it. Other platforms can also use your traffic and data, and of course, you can charge fees.