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Dev Kit Updates Unlock New Potential for User Generated Content in ARK Survival Ascended

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Snail, Inc. (SNAL) announced game-changing updates to ARK: Survival Ascended's dev kit, introducing the 'Custom Cosmetic' system, empowering players to apply user-generated costumes and create skins for armor, weapons, and structures. The update also brings new functionalities like network messaging and limited persistent replicated data storage. Phase 1 will be activated in early February 2024, with automatic downloads set for Q2 2024. Snail Games also revealed a sneak peek into 'Super ARK Bros,' a two-player side-scroller example mod, and announced the 'Love Evolved' Valentine's Day event as a permanent fixture within the game.
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The introduction of Custom Cosmetic Mods in ARK: Survival Ascended by Snail, Inc. represents a significant innovation in the gaming industry, particularly within user-generated content (UGC). UGC has been a powerful driver of engagement and monetization in the gaming sector. By allowing players to create and apply their own costumes and skins, Snail is tapping into a proven model that encourages community involvement and can lead to increased player retention and in-game purchases.

From a market perspective, games with strong UGC platforms often see a longer lifecycle and a more dedicated player base. This can translate into sustained revenue streams from the sale of in-game items, customization options and potentially even revenue sharing models with content creators. Snail's strategy with ARK: Survival Ascended could position it favorably against competitors, especially if the modding tools are user-friendly and accessible to a wide range of players.

However, the success of this update will largely depend on the community's reception and the quality of the user-generated content. If the tools are too complex or the content produced does not resonate with the wider player base, it could fail to make a significant impact. Moreover, the company will need to ensure that the introduction of these mods does not disrupt the game balance or create technical issues that could detract from the user experience.

The announcement by Snail, Inc. about the dev kit update for ARK: Survival Ascended is likely to be viewed positively by investors, as it indicates the company's proactive approach to innovation and growth. The gaming industry is highly competitive and companies that can continually refresh and expand their offerings tend to maintain better market positions. The introduction of a Custom Cosmetic system could be a strategic move to diversify revenue and reduce dependency on initial game sales.

Looking at the financial implications, the move towards a more robust UGC platform could potentially open up new revenue channels through microtransactions, which have become a substantial part of gaming company revenues. Additionally, the phased implementation of the system suggests a calculated approach to user adoption and technical stability, which could mitigate risks associated with the rollout of new features.

Investors should monitor user engagement metrics following the release of these updates, as an uptick in active users and time spent in the game could be indicative of future financial performance. If Snail, Inc. can capitalize on this update and foster a thriving modding community, there could be positive implications for the company's stock performance in the medium to long term.

The gaming industry has increasingly recognized the value of user-generated content and modding communities in creating a dynamic gaming experience. Snail, Inc.'s update to ARK: Survival Ascended is a notable development, as it leverages Unreal Engine 5, one of the most advanced game development platforms available. This engine is known for its high-fidelity graphics and flexibility, which could significantly enhance the quality and variety of user-generated mods.

By introducing network messaging and persistent replicated data storage, Snail is addressing common technical challenges in UGC, such as the need for server updates or loading content onto a server. This could lower the barrier to entry for content creators and result in a more vibrant and diverse modding ecosystem. The potential for players to craft their own unique games independent of the main gameplay code is an ambitious step that could redefine the scope of what mods can achieve in a game environment.

It's also important to note that by making the 'Love Evolved' Valentine's Day event a permanent mod, Snail is demonstrating responsiveness to community feedback and a willingness to incorporate seasonal events into the game's fabric. This approach can create a sense of novelty and anticipation among players, contributing to ongoing engagement.

CULVER CITY, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment today announced the introduction of game-changing updates to ARK: Survival Ascended's dev kit, setting the stage for an influx of creativity and customization within the ARK universe.

ARK Survival Ascended’s "Custom Cosmetic" system is a feature that takes player expression to new levels. This innovative update empowers players to apply user-generated costumes to characters and dinosaurs, while also enabling the creation of skins for armor, weapons and all the game's structures. Beyond the aesthetic appeal, this system introduces new functionalities, including network messaging and limited persistent replicated data storage. The introduction of this system allows for visual variety and functional enhancement through player-created cosmetics, all achieved seamlessly without the need for server updates or loading onto a server. In early February 2024, phase 1 of the system will be activated, allowing players to manually install Custom Cosmetic Mods, unlocking a realm of creative expression on Official Servers. Ultimately, Custom Cosmetic Mods will be automatically downloaded in the background when encountered during gameplay; this automatic download feature is set to go live Q2 2024.

As a glimpse into the creative potential of the dev kit update, Snail Games, Studio Wild Card, and OverWolf offered a sneak peek into "Super ARK Bros," a two-player side-scroller example mod set to be released early February. This work-in-progress showcases a simple game framework, independent of ARK: Survival Ascended's gameplay code. This serves as an example of how creators will be able to utilize Unreal Engine 5 to craft their own unique games, with the freedom to make as many or as few changes as they desire, all of which can be released on ARK Survival Ascended.

But that's not all. In celebration of love, Snail Games is delighted to announce that this year's "Love Evolved" Valentine's Day event, will become a permanent fixture as a mod within ARK: Survival Ascended. Survivors can feel the love in the air whenever they desire!

"These updates mark a pivotal moment in the evolution of ARK: Survival Ascended," says Jim Tsai, Chief Executive Officer of Snail, Inc. "The introduction of the Custom Cosmetic system and the simple game framework on the ARK SDK represent our unwavering commitment to providing continuous support to our modding community. We can't wait to witness the incredible creations our community will bring to life."

Snail Games invites players to embrace these transformative changes and anticipates a dynamic and vibrant future for user generated content in ARK: Survival Ascended.

About Snail, Inc.

Snail is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices.

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding Snail’s intent, belief or current expectations. These forward-looking statements include information about possible or assumed future results of Snail’s business, financial condition, results of operations, liquidity, plans and objectives. The statements Snail makes regarding the following matters are forward-looking by their nature: growth prospects and strategies; launching new games and additional functionality to games that are commercially successful, including the launch of ARK: Survival Ascended, ARK: The Animated Series and ARK 2; expectations regarding significant drivers of future growth; its ability to retain and increase its player base and develop new video games and enhance existing games; competition from companies in a number of industries, including other game developers and publishers and both large and small, public and private Internet companies; its relationships with third-party platforms such as Xbox Live and Game Pass, PlayStation Network, Steam, Epic Games Store, the Apple App Store, the Google Play Store, My Nintendo Store and the Amazon Appstore; expectations for future growth and performance; and assumptions underlying any of the foregoing.

Investors:

investors@snail.com

Press:

media@snail.com


FAQ

What updates did Snail, Inc. (SNAL) announce for ARK: Survival Ascended's dev kit?

Snail, Inc. (SNAL) announced the introduction of the 'Custom Cosmetic' system, empowering players to apply user-generated costumes and create skins for armor, weapons, and structures, along with new functionalities like network messaging and limited persistent replicated data storage.

When will phase 1 of the system be activated?

Phase 1 of the system will be activated in early February 2024.

What is the automatic download feature set to go live?

The automatic download feature is set to go live in Q2 2024.

What sneak peek did Snail Games, Studio Wild Card, and OverWolf offer?

They offered a sneak peek into 'Super ARK Bros,' a two-player side-scroller example mod set to be released early February.

What did Snail Games announce about the 'Love Evolved' Valentine's Day event?

Snail Games announced that this year's 'Love Evolved' Valentine's Day event will become a permanent fixture as a mod within ARK: Survival Ascended.

Snail, Inc.

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