Earlier quoted context omitted.
Or RuneScape.
I just laughed out loud. My friends and I LOVED RuneScape in middle school. I'll meet yall in the wilderness to trade armor.
I love the comeback of old school RuneScape! The good kind of nostalgia.
Roblox is minting teen millionaires
81–90 of 312 posts
Re: Roblox is minting teen millionaires
#82I come from the Minecraft modding/server community. There is interesting fact that I like to tell people about the sheer size of Roblox compared to other communities like Minecraft. The largest Minecraft server in the world is Hypixel at around ~30K concurrent players. Most other servers are very far behind. There is one Roblox game that looks and plays like Minecraft and copied one single gamemode (Bedwars) common i…
Grow a Garden, a game on Roblox reached 21.6 million concurrent players.
That number is just insane.
For comparison - top Steam concurrent game is 3.2 million in PUBG.
Re: Roblox is minting teen millionaires
#83Earlier quoted context omitted.
> But they are not doing enough to protect children from predators and that's a huge legal and regulatory risk. I run a studio that makes Roblox experiences and this is Discord's problem, and will immediately become Telegram's problem the decade where parents and policy makers figure out its Discord's problem their kid went into an experience within Roblox so I can see that's the branding, the parent paid the kid's a…
This is the actual excuse Roblox used when confronted with actual evidence of child sex trafficking originating on their platform, at the same time balking at implementing age gates and chat restrictions. So of course they caved and implemented age gates and chat restrictions when their "central bank" (a.k.a. concerned parents) learned about Roblox's "issues" from YouTube exposés and other concerned parents. It doesn…
Parents haven't changed their behavior and the age gating is there now and the activity on
Discord is still the problem
Not an excuse, not pointing fingers, as a betting man thats the actual answer and any other bet would go to zero, its what happening
Re: Roblox is minting teen millionaires
#84Earlier quoted context omitted.
FWIW, the 4% rule is for safe withdrawals for around 30 years of retirement, as in, you retire at 65 and you hope to live until 95, and even then it has a non-zero chance of running out of money. It's not a percentage you should use if you want to retire at 40.
At $4 million, GP might have been hand-waving a 4% annual rate of return and keep the principle intact.
4% is the standard number that's quoted by pretty much any financial planner. It's based on backtesting and assume that there's be large downswings along the way.
Re: Roblox is minting teen millionaires
#85"According to the company, their monthly player base includes half of all American children under the age of 16." - Wikipedia 2 decades in the making, they are really hitting their stride. But they are not doing enough to protect children from predators and that's a huge legal and regulatory risk.
> But they are not doing enough to protect children from predators and that's a huge legal and regulatory risk. I run a studio that makes Roblox experiences and this is Discord's problem, and will immediately become Telegram's problem the decade where parents and policy makers figure out its Discord's problem their kid went into an experience within Roblox so I can see that's the branding, the parent paid the kid's a…
Interesting. If you don't mind me asking. If I understand the business correctly, the brands are inquiring to design specialized worlds in Roblox so kids can play in them and look at ads?
Re: Roblox is minting teen millionaires
#86I come from the Minecraft modding/server community. There is interesting fact that I like to tell people about the sheer size of Roblox compared to other communities like Minecraft. The largest Minecraft server in the world is Hypixel at around ~30K concurrent players. Most other servers are very far behind. There is one Roblox game that looks and plays like Minecraft and copied one single gamemode (Bedwars) common i…
Some of it has to do with roblox being free. (I don't have a minecraft account) but Trust me when I say this but within developing countries especially. You can find 3-4 people out of 1 who plays on hypixel but can't because they can't pay for the game usually when we are really young which is also roblox's most major userbase. I can imagine Hypixel being atleast 2x and a rough estimate of 5x more the size if they su…
That whole schpiel is why Minecraft isn't free. That people are willing to go through that. There's a lot of free games.
Re: Roblox is minting teen millionaires
#87I come from the Minecraft modding/server community. There is interesting fact that I like to tell people about the sheer size of Roblox compared to other communities like Minecraft. The largest Minecraft server in the world is Hypixel at around ~30K concurrent players. Most other servers are very far behind. There is one Roblox game that looks and plays like Minecraft and copied one single gamemode (Bedwars) common i…
Grow a Garden, a game on Roblox reached 21.6 million concurrent players. That number is just insane. For comparison - top Steam concurrent game is 3.2 million in PUBG.
I think it’s because of Kings
Kids on their iPad playing this games vs being on PC playing a game on Miniclips or Ebaumsworld…
Re: Roblox is minting teen millionaires
#88Roblox turns a blind eye to child exploitation (whether being creeped on by adults, or being exploited by teens/adults to make games) and makes a fortune out of it. If it weren't online, it'd be illegal and people would be in jail. Also, Roblox's favourite thing - other than sitting back and rolling in the cash that their playerbase generated for them - is puff pieces in the news talking about how people who make gam…
The 2 videos linked here are nearing 5 years old now and have been refuted many times, including by some of the developers mentioned in the article. To condense it as much as possible: The 1st video hinges on a point where they find that developers earn a revenue cut of 24.5%, a number that isn't correct because 1. it's found by multiplying 3 arbitrarily chosen numbers together (the DevEx rate, the default sales fee,…
> making for a near industry-standard 33% cut.
LIES, from that link:
“On average, 67% of all spending in experiences supports OR goes to developers.” Supports here does not actually mean they get paid that money.
Later it mentions the actual money going to developers as: “This enables us to return 28%* directly to the developers.” And yes that 28% includes an asterisk.
That’s a 72% cut to the platform.
Re: Roblox is minting teen millionaires
#89Roblox turns a blind eye to child exploitation (whether being creeped on by adults, or being exploited by teens/adults to make games) and makes a fortune out of it. If it weren't online, it'd be illegal and people would be in jail. Also, Roblox's favourite thing - other than sitting back and rolling in the cash that their playerbase generated for them - is puff pieces in the news talking about how people who make gam…
The 2 videos linked here are nearing 5 years old now and have been refuted many times, including by some of the developers mentioned in the article. To condense it as much as possible: The 1st video hinges on a point where they find that developers earn a revenue cut of 24.5%, a number that isn't correct because 1. it's found by multiplying 3 arbitrarily chosen numbers together (the DevEx rate, the default sales fee,…
> 67% given to developers per in-experience dollar spent
This is misleading because for every dollar spent, $0.67 is not what developers get paid. The link (https://create.roblox.com/docs/monetize-experiences) you referenced clearly says 25% is the "Developer share".
The cost to run the platform is the platform's cost."Platform hosting & support" and "App stores & payment processing fees" should not be considered as developer operational cost
Re: Roblox is minting teen millionaires
#90Do you know that in roblox you go into games and you just walk over something and it prompts you to buy stuff to "beat the game" or "level up". It's an exploitative "game" that targets kids.