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Roblox is minting teen millionaires

bloomberg.com

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Re: Roblox is minting teen millionaires

#141

Post by isolli »

jonasdegendt wrote: post #133
Jabrov wrote: post #10

Earlier quoted context omitted.

RuneScape millionaires?

There were dozens of ways to make money off of RuneScape back in the day. Selling bot scripts, running bot farms (this is still very lucrative to this day), running gambling rings, bulk buying gold and reselling, the list goes on. The ecosystem was incredible and it was basically a crash course in Anarcho-capitalism, I'm pretty immune to any kind of scam because of having been in that environment. I made close to 20…

I probably lack imagination, but how would gambling work in this game?

Re: Roblox is minting teen millionaires

#142

Post by CrzyLngPwd »

My grandsons would come and stay, bringing tablet devices with them, and would prefer to stay glued to them the whole time.

Since we banned their use, they now play outside with my other grandchildren, on the rope swing, the zip line, or exploring in the woods making dens and forts, using their imaginations.

Children should not be playing computer games, or scrolling on any social media, IMO.

Re: Roblox is minting teen millionaires

#144

Post by dyauspitr »

intrasight wrote: post #17

"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.

I hate it. What a waste of a perfectly good generation.

Re: Roblox is minting teen millionaires

#145

Post by Thlom »

Root_Denied wrote: post #127
foobarian wrote: post #80

Earlier quoted context omitted.

I would also add it's easier to download and set up than Minecraft. I still have nightmares about setting up various Microsoft and Xbox accounts and trying to help my kid play with her friends. IMO that Roblox doesn't have this friction is huge

In this day and age Prism launcher [0] will handle Minecraft and any modpacks you want to use. The only caveat is pointing it at your download folder so it can open the tabs for any mods that need a manual download and it will import them, but that's hardly difficult. Minecraft (Mojang/Microsoft) have also made it clear that with them moving from OpenGL to Vulcan they're maintaining the ability for Minecraft to run o…

Sure, but I still need a Microsoft account of some sort to play Minecraft? And parental controls still exists inside Microsoft or Xbox (is that the same account??). I spent a couple days just trying to make it possible for my daughter and her friends to be connected on Minecraft. And then you need to figure out what a launcher is, that Prism even exists. And you get a completely different experience on iPad where Prism doesn't exist. It's stil a hassle compared to Downloading free Roblox and start playing and having the same experience across devices.

Re: Roblox is minting teen millionaires

#146

Post by dyauspitr »

TacticalCoder wrote: post #59
intrasight wrote: post #17

"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. It's first and foremost a huge risk for kids. My solution is simple: my daughter (11 y/o) can play Roblox but she must be in a game with another friend (whom I know and whom I know her parents) and she must on a video/conf-call with that friend, using another device, while she plays Roblox. That way I hear…

This is ridiculous. She 11, take the damn tablet away from her.

Re: Roblox is minting teen millionaires

#147

Post by dyauspitr »

Aeolun wrote: post #112
Incipient wrote: post #65

Earlier quoted context omitted.

I feel like for a 11yo, you can't even explain the risks. Not just for lack of true comprehension, but also just kids shouldn't have to worry about that stuff, and just be kids.

Wut? If they’re using the internet they should be aware of that stuff. That’s what ‘just be kids’ means these days. Just being a kid isn’t a static state of being.

So then they shouldn’t use the internet. I’m not going to fill my kids mind with all the dangers in the world when all they should be thinking about when they’re 8 is academics, friends and personal pursuits and achievements.

Re: Roblox is minting teen millionaires

#148

Post by wvbdmp »

_ink_ wrote: post #123
amiga386 wrote: post #38

Roblox 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…

> Robux - has very, very different exchange rates, depending on whether you want to buy Robux from the company, or you want to get a payout and convert your Robux to real money. Wtf? That should not be legal.

It would be legal to never pay it out in real money at all, if other marketplaces are any indication. Like “store credit” or gift cards. You can’t get it out of the walled garden and the walled garden unilaterally controls the value.

Re: Roblox is minting teen millionaires

#149

Post by lionkor »

sys32768 wrote: post #39

My youngest has played Roblox half her life, but is very angry about recent decisions like requiring ID to chat in-game. Still, if she's anything like other players, she's spent countless hours playing some of the most mindless Roblox games, and we've spent a few $100 on Robux gift cards over the years.

I wonder why? Why was there not a point at which you said no?

Re: Roblox is minting teen millionaires

#150

Post by stavros »

amiga386 wrote: post #38

Roblox 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…

Isn't there a secondary market for Robux that then sells for much better prices?
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