NAVER D2SF's Bold Leap into the Virtual IP Landscape

NAVER D2SF's Exciting Investment in SCON

NAVER D2SF has recently made a strategic investment in SCON, a startup aiming to revolutionize the virtual IP and content landscape. SCON is well-regarded for its specialized planning and production solutions tailored for virtual intellectual properties (IPs). This venture focuses on developing IPs while offering B2B solutions that cater to businesses involved in virtual content production.

Innovations in Virtual Content Production

Specialized in cutting-edge technologies, SCON has launched extensive services such as 3D motion capture and live streaming. These services are provided to a range of B2B clients, including webtoon creators and gaming companies. SCON’s innovative approach enables real-time interaction in virtual environments, which is crucial for enhancing user engagement in digital content. Furthermore, the company operates its own studio, which guarantees a consistent delivery of high-quality virtual content.

Building a Strong Virtual IP Presence

Since its inception, SCON has managed to introduce the highest number of virtual characters within its region, maintaining around 30 unique virtual character IPs, such as the famous VTuber group, Meechu. Revenue generation through these IPs is achieved via live stream donations, merchandise sales, and advertising partnerships. This model not only showcases SCON’s creativity but also highlights their capability to produce diverse monetization avenues for virtual creators.

Strategic Collaboration with NAVER

Yang Sang-hwan, the Head of NAVER D2SF, expressed enthusiasm for this partnership, noting that SCON possesses a rare combination of planning and technical prowess within the virtual content realm. He stated, "Their know-how in IP development paired with robust content production capabilities provides them a notable competitive advantage.” Furthermore, NAVER anticipates creating new synergies through its collaboration with SCON, which is already underway across various projects.

Future Expansion Plans

Looking ahead, SCON aims to diversify its revenue streams by venturing into secondary content creation, which includes video games, music, and web novels derived from their expansive catalog of virtual IPs. This initiative is designed to broaden monetization opportunities for virtual creators and enhance the overall user experience. Gi-Junsu, the CEO of SCON, emphasized their commitment to continuous technological refinement to assure a seamless production of high-quality virtual content.

NAVER's Commitment to Virtual Technologies

NAVER has been significantly advancing its offerings in virtual technology and content creation. The launch of “Motion Stage,” a specialized motion capture studio, marks a pivotal step in enhancing user interaction with virtual content. Since 2021, NAVER D2SF has made substantial investments across the spectrum of virtual technologies, including 3D engines, data innovation, and content creation platforms. Collaborative partnerships have been established with trailblazers in the industry, including MOVIN, NdotLight, and Claythis, each bringing valuable technology to the NAVER ecosystem.

About NAVER D2SF

NAVER D2SF acts as NAVER's corporate venturing arm, embracing challenges necessary for sustainable growth alongside startup partnerships. Since its founding in 1999, NAVER has stood out as a leading domestic search engine securing its position in various sectors including commerce, content, fintech, and cloud services. Beyond its personal offerings, NAVER continually strives to build a strong global presence through collaborations with industry leaders like Softbank and Poshmark. With a technological vision under the mantra D2 (For Developers, By Developers), NAVER remains proactive in forging new technologies and collaborative pathways aiming to elevate its status as a global tech powerhouse.

Frequently Asked Questions

What is the main focus of SCON?

SCON specializes in virtual IP and content production, providing B2B solutions for various industries, including webtoons and gaming.

What technologies does SCON utilize?

SCON employs technologies like 3D motion capture and live streaming, which enhance real-time content production and user engagement.

How does NAVER D2SF support SCON?

NAVER D2SF offers strategic investment and collaboration opportunities, leveraging NAVER’s resources and technologies to boost SCON’s growth.

What are SCON's future plans?

SCON plans to expand its revenue by creating secondary content, including games, music, and web novels based on its virtual IPs.

What is NAVER D2SF's vision?

NAVER D2SF aims to foster innovation and growth by partnering with startups to explore new technologies, aligning with its developer-centric philosophy.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

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