Becoming Rich with Daily Scavenging APP

Chapter 724 724: Movie Awards Presenter

"Didn't they say that the CSGO skin market has recently crashed? Why are we still buying expensive skins?"The little accountant didn't quite understand after hearing what Chen Yiyang said.

"I recently looked at the high-end skin prices in foreign third-party CSGO trading markets and found that their high-end skin prices haven't dropped much.

This indicates that, thanks to CSGO's massive player base, there's still a potential buying crowd for CSGO's high-end skins.

So, the plummet in high-end skin prices in the domestic third-party trading market is just temporary market panic.

Once the market regains rationality, the prices of these high-end skins will continue to rise again."

"I see, then I'll spend a bit more and buy all the high-end skins that have dropped significantly in price," the little accountant said.

"Don't spend too much," Chen Yiyang casually advised, "There is a retract mechanism in the CSGO skin market. If a seller thinks they've sold their skin too cheaply, they can choose to retract the trade within a certain time frame."

"That rule is a bit absurd," the little accountant's eyes widened.

This kind of rule completely leans towards the seller.

If the price of a skin that a buyer purchased drops, and the buyer wants to retract, they'd end up losing both money and goods, simply losing their money.

But if a seller's skin price rises, the seller can retract without any loss, at most abandoning their account on the third-party trading platform.

"Because third-party trading platforms have no relation to game companies, the game company naturally sides with sellers to prevent stolen accounts from transferring the account owner's assets.

If trading on the in-game market, there's no such issue. But trying to cash out funds acquired from the in-game trading market necessitates a 20-30% cut."

"Alright then."

"This isn't a normal trading market; occasional small investments for fun will do."

Chen Yiyang dispelled the little accountant's intention to invest long-term in the skin market.

And he himself doesn't have time to pay attention to the skin market matters now; it's the end of the year, and he has a lot on his plate.

"Huaxia Movie Big Data Channel invited me to be a guest?"

Chen Yiyang glanced at the invitation his assistant brought over.

"Yes," the assistant said, "The Movie Big Data Channel is preparing to release this year's latest movie honors list and will invite several guests to announce the winners together. They hope you can accept the invitation and be one of the guests."

"The award isn't a live event, is it?" Chen Yiyang asked.

"No, it's an online award ceremony; guests can also connect online."

If it were an in-person award ceremony, Chen Yiyang really wasn't interested in attending.

The main problem is that attending such events would be a hassle.

Imagine, given his current wealth and the status of a young single male.

Going to such places filled with female stars would be like a lamb wandering into a den of hungry wolves.

Could he take a few steps without getting bumped by a deliberately falling female star, who then takes the opportunity to ask for his contact information?

The thought of such scenarios was terrifying to Chen Yiyang.

When his net worth was lower, he considered mingling with a few female stars.

But now, with his net worth so high, if he were entangled by a female star with ulterior motives, he'd be used as a publicity tool.

The current entertainment industry isn't fazed by female stars going through multiple relationships.

If they could even date someone like Chen Yiyang once, even if they broke up later, the female star could exploit it occasionally for publicity, ensuring a continuous stream of attention and preventing being forgotten by the audience.

"I can agree to be a guest," Chen Yiyang nodded.

"Also, our previous academic sponsorship event with Lin'an's local universities has reached the point where they've reported the lists, needing your approval."

"Let me see the list," Chen Yiyang reached out to the assistant for the list.

This academic sponsorship event was initiated by Chen Yiyang after he consecutively invested in several research teams from Lin'an local universities, leading to the universities collaborating for a project with him.

The main goal was to sponsor research teams whose content wasn't so commercialized and weren't very famous.

Chen Yiyang had found quite a few useful discoveries among Lin'an local university research teams. So he felt it wasn't a big deal to bring out this sponsorship fund.

However, he needed to personally review the sponsorship list to prevent some teams from sneaking in through back channels to get funds.

After reviewing several research projects from teams, Chen Yiyang found no significant issues.

Perhaps because it was only the first batch of sponsorships, all the universities provided lists selected through relatively fair criteria.

Of course, beyond the formal list, universities also provided a backup list.

If Chen Yiyang was dissatisfied with any team on the formal list, a team from the backup list could take over.

Looking through the backup list, Chen Yiyang noticed that the research directions of these teams were quite niche.

It seemed these teams had great potential, but due to their research direction, investing in them was almost like a charitable act.

Hence, the universities put these teams on the backup list.

"Does an area like organic synthesis have research directions too?" After reviewing the backup list, Chen Yiyang felt that while these research directions were indeed challenging to achieve results, at least they didn't require much funding.

"Alright, let's add these backup teams to the list and sponsor them as well; it won't cost much. If they do happen to come up with results, we could benefit too."

"Okay, Mr. Chen."

But despite saying that, deep down Chen Yiyang didn't believe these teams would yield results.

In reality, even among the formally sponsored teams, those that truly produced results were few, let alone the backup teams.

Doing research is like prospecting for gold in a river.

Not finding anything is common. Many scientists, despite their capabilities, may never produce significant results throughout their careers.

"Oh, and call the flash sale team in for a meeting this afternoon." Chen Yiyang added another instruction.

The management regulations for third-party delivery platforms were about to be formally introduced.

Chen Yiyang had heard whispers, suggesting that the Ugly Group seemed to be in contact with various trolling and marketing teams.

So, before the regulations were officially released, he needed to gather enough evidence to impact the Ugly Group negatively.

"Mr. Chen," during the meeting, Liu Xiaoyue suddenly spoke up, "I've been thinking, if the regulations are enforced and we immediately dive into a public opinion war with the Ugly Group, accusing each other, the impact might not be good."

At first, Chen Yiyang instinctively wanted to counter that there's no bad impact; it's all for the benefit of the consumers.

But just as he was about to speak, he became more aware of something.

For average people, when it comes to large corporations, attitude often weighs more than the truth.

If, after the regulations are released, Yiyang Flash Sale and Ugly Group immediately enter a mutual blame mode, it could make people feel that Yiyang Flash Sale and Ugly Group are birds of a feather.