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Building and operating Virtual Worlds is at its core, a creative endeavor. Money and smart engineers are required for entry, but that’s just a start. Virtual Worlds are highly specialized, difficult to operate, and difficult to scale.

Nexon’s enormous experience in creating and sustaining Virtual Worlds is often overlooked. These technology investments are designed to save us time and money to enable us to make and run much better Virtual Worlds for our players and to grow our company to a much bigger scale than we or anyone else is operating. Next, I want to offer some details on technology investments we have quietly but methodically made over the last couple years. We plan to share more about ARC Raiders and the other projects underway at Embark over the course of 2022. It’s our experience that when great developers make the game they want to play, rather than what others are doing, the game will find a large and loyal audience. The development team is enormously talented, and sharply focused on making the game they want to play. Another theme on the player forums was their appreciation for the development team’s desire to bring out fresh ideas: actual innovation and differentiation that is missing from so many new games. Many thought that they were seeing pre-rendered CGI, when in fact they were seeing real gameplay, with cinematic graphics and sound, machine learning and AI, and procedural physics, rather than pre-rendered animations.

Our first public trailer debuted at The Game Awards Show in December, and captured more than 80 million views. That brings us to the launch of ARC Raiders, the first Virtual World from Embark Studios. Q4 2021 Earnings Prepared Remarks February 8, 2022