Jeon Hwa-sung's Startup Morning Coffee, Ep. 1202: CGTALE's Growth Strategy

Every day at 8:40 AM, the live program 'Startup Morning Coffee,' hosted by CEO Jeon Hwa-sung, comes to viewers on the YouTube channel 'Jeon Hwa-sung's CNTV.' This program deeply introduces the core competencies and market potential of various startups, and through real-time comment communication, it plays a vital role as a useful information platform for those interested in the startup ecosystem. Recently, the company highlighted on this program is 'CG Tale,' a digital character IP creator. Under the vision of 'digital character IP creator that makes the world fun,' CG Tale (CG Tale) attempts new challenges that go beyond the limitations of the existing saturated character market, which is centered on infants, and legacy media. They are developing and commercializing innovative IPs that encompass both the MG generation (Millennials and Gen Z) and adults, and are especially employing a strategy that actively utilizes generative AI technology to maximize global scalability and content production efficiency. It is a promising company that is currently nurturing its potential with the content accelerating support from CNTTech. CG Tale's core competitiveness lies in building new fandom-based media centered around virtual AI characters and diversifying its revenue model. A prime example of its success is 'Monomas,' a virtual AI character that dreams of space exploration. Having secured 200,000 followers within three years of its launch, Monomas goes beyond being a mere static character, communicating in real-time with its fandom like a living being and enjoying explosive popularity. This is thanks to generative AI technology, which enables everything from character conversation support to infinite content variations, thereby injecting vitality into the IP and dramatically accelerating its expansion speed. CEO Jeon Hwa-sung highlights how CG Tale imbues digital characters with the identity of 'Virtual AI' and injects vitality into IP through continuous interaction with its fandom. He specifically evaluated that the rapid expansion capability of content utilizing generative AI and an IP strategy that embraces adults present a new milestone for growth into global K-content IP, moving beyond the domestic character market worth 16 trillion won. It is a point where CG Tale is expected to show explosive growth through future partnerships with large corporations. CG Tale is rewriting the future of the character IP market through the convergence of fandom and AI technology.