Who will benefit greatly from GGG missed opportunities?

You don't see big moves happening unless somebody has fallen, and just over the past month I've seen some big moves being done within this industry like Riot hiring for AAA MMORPG.

Over the last week Tencent stock (shares) have fallen from 680 to 624 HKD, and what's worse it's how two weeks ago Tencent was sitting at 723 HKD, big moves are indeed being done, where you have the biggest winners and losers.

Stocks (shares) reveal the best and most accurate indication, and it's not just Riot wanting to take on this opportunity GGG has opened. Blizzard themselves are finally starting to realize they can't milk WOW as they used to after the data came from Shadowlands, which is why they just recently announced new job listings for development of unannounced AAA title, that's on top of their D2 remastered and upcoming D4.

There are other projects already being worked on from big companies like Amazon. So, who do you think will benefit the most from GGG's missed opportunities, and will we see that by the end of December? Path of Exile 2 it's not even coming this December, and the current state of this game as well as the missed opportunities it has a lot to do with more being encouraged to invest and compete in a market GGG has benefited greatly for many years.

I also like to point out that since Covid-19 most successful companies within this industry experienced a high surge in stock value, so when GGG is performing this poorly during what's supposed to be their best opportunity its exactly why big things are happening. We might finally be elsewhere playing and supporting something far better by the end of this year, and honestly it was about time.

I know who is going to benefit greatly from this thread.

I disagree that stock prices are a accurate indicator of what you claim. I also think you're deluding yourself by thinking that these hirings are spurred by anything that happened in the past weeks. Hiring is a continual process, whatever that unannounced game is has probably been started 1-4 years ago.

I do agree that there is reason for concern for any company within an industry when their competitors are rising during a time period. If the housing market is booming but your construction/remodeling company is seeing less business, that's a problem. If there's a pandemic and everyone should be at home watching sports but your basketball ratings are down, you might want to take a realistic look at your choices instead of blaming ghosts.

Likewise if GGG is underperforming relative to their competition right now when gaming hours are at a historical peak (short history but still) then that would be a problem. I don't accept your premise that they are doing poorly though. They may or may not be but you certainly haven't demonstrated that here when your only evidence is 'Tencent stock is down this week'.

Beyond that, what evidence do we have that GGG's competitors are doing great with their ARPGs? I don't see much in the way of that either.

I would imagine GGG has as much impact on Tencent's share price as this post will have on GGG.

Yep, Tencent who have billions invested in hundreds of gaming companies as well as many other sectors have lost some of their value because a few people are disgruntled with POE

GGG isn't a tenth of a percent of Tencent holdings.

You're really overestimating the effect this little game we play has on the real world. Certainly not enough to affect market share of one of the largest businesses on the planet.

@innervation

If you only think that most came here to play and support PoE because it's ARPG you are clearly wrong. I never played Diablo 2 for example, and I only played Diablo 3 for two weeks (I got it for free with annual sub to WOW). Between 2014-2016 I played a lot of Marvel Heroes Online (another ARPG), alongside PoE when leagues lasted for 4 months, and there wasn't SSF or anything else I found valuable to sink more time. The Perandus league is the only league I've completed 36 challenges.

Bottom line, if you only limit your options with APRG, well then you'll be stuck between this, Last Epoch and whatever Blizzard will deliver to you with D2/D4. I and many others are going to jump ship the moment we get AAA multiplayer title that's not a copy/paste, cheap skin/clone of some FPS/MOBA that the market has been flooded with.

MMORPG's are far more popular than ARPG's, which is why more of them were developed compared to ARPG, and because of their bigger scope, funding and time required to deliver it's why they continue to be a priority for big companies, especially when the market is dry or should I say when there's opportunity for someone to take over it.

Finally, Tencent might care less how GGG performs due to their large involvement and investment in many other titles, but at the end their philosophy or should I say the way they monetize those games is more to do with their stocks losing value rapidly.

Look at your support badges. The most Tencent got out of this community was after the hype of Path of Exile 2 (ExileCon) alongside the release of 3.0 offering the $480 Orion core supporter pack. Now, to get back on topic I know for a fact many can't wait to start spending/supporting another product, right Charan? :)

I'm definitely going to start supporting a new product by the end of the year, and now we just have to figure which one will be the best option. Given what 3.13 has delivered in terms of events value and the expansion as a whole there is a low indication GGG could regain my support, and PoE becoming my primary game, especially in 2022.

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Kopogero wrote:

MMORPG's are far more popular than ARPG's, which is why more of them were developed compared to ARPG, and because of their bigger scope, funding and time required to deliver it's why they continue to be a priority for big companies, especially when the market is dry or should I say when there's opportunity for someone to take over it.

Every game doesn't have to be "everything". PoE is an ARPG. Should GGG twist PoE into an MMO just because the genre has a larger potential regarding player numbers?

ARPG will always be a pretty niche genre, especially the hack'n slash part of ARPG. GGG knew this when starting out, and they still know it. But that's the game they chose to develop. That's the game they wanted to develop. And that is the game they are developing to "be played forever".

What exactly are these "missed opportunities" you are talking about? GGG not taking a U-turn, turning PoE into an MMO? Them not paying you to play their game?

I think everyone loses.

"

Kopogero wrote:

You don't see big moves happening unless somebody has fallen, and just over the past month I've seen some big moves being done within this industry like Riot hiring for AAA MMORPG.

Over the last week Tencent stock (shares) have fallen from 680 to 624 HKD, and what's worse it's how two weeks ago Tencent was sitting at 723 HKD, big moves are indeed being done, where you have the biggest winners and losers.

Stocks (shares) reveal the best and most accurate indication, and it's not just Riot wanting to take on this opportunity GGG has opened. Blizzard themselves are finally starting to realize they can't milk WOW as they used to after the data came from Shadowlands, which is why they just recently announced new job listings for development of unannounced AAA title, that's on top of their D2 remastered and upcoming D4.

There are other projects already being worked on from big companies like Amazon. So, who do you think will benefit the most from GGG's missed opportunities, and will we see that by the end of December? Path of Exile 2 it's not even coming this December, and the current state of this game as well as the missed opportunities it has a lot to do with more being encouraged to invest and compete in a market GGG has benefited greatly for many years.

I also like to point out that since Covid-19 most successful companies within this industry experienced a high surge in stock value, so when GGG is performing this poorly during what's supposed to be their best opportunity its exactly why big things are happening. We might finally be elsewhere playing and supporting something far better by the end of this year, and honestly it was about time.

I can't wait to see how people will try to make a better ARPG. It will interesting and a good thing for GGG to compete against.

"

Kopogero wrote:

Stocks (shares) reveal the best and most accurate indication, and it's not just Riot wanting to take on this opportunity GGG has opened.

You may missed it, but both GGG and Riot are owned by Tencent.

"

Kopogero wrote:

over the past month I've seen some big moves being done within this industry like Riot hiring for AAA MMORPG.

If we speculate this much, Riot is owned by Tencent, so this, by itself could have impact on the shares prices. Compare player base size of PoE and LoL, think which one have bigger impact.