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Roblox is minting teen millionaires

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Re: Roblox is minting teen millionaires

#171
post #136

Earlier quoted context omitted.

CEO of Roblox was once asked whether he would ever put prediction markets inside Roblox, he gave a straight face answer: https://youtu.be/XpIXRgMlPo4?t=2122

Jesus Christ. This man is just a sociopath who doesn't bother to mask anymore.

Eventually the money just inures you.

Re: Roblox is minting teen millionaires

#172
post #3

Earlier quoted context omitted.

It's basically a litmus test for whether you have kids or not at this point. The age at which kids become aware of Roblox from their peers is getting younger and younger in my experiences anyway. Before I had kids, I had very little idea either, and I consider myself fairly well acquainted with PC gaming.

The solution is to give them a taste of better built (specifically competetive) games and they will never like roblox.

Mine rejected a Nintendo switch 2 in favor of more robux...

Re: Roblox is minting teen millionaires

#174
post #15

even tiny roblox games make money. i developed for a small game (~10m plays) a few years back and i still earn a decent residual from player revenue, even as the game slowly loses traction

Did you you have previous game making experience? I've toyed with the idea of trying to make it a small project for me and my kids but I thought it might be a bit beyond them (and then ultimately become just my project)

Re: Roblox is minting teen millionaires

#175

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…

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,…

Do you work for roblox? You seem to have some affiliation to them

https://github.com/Heliodex

https://devforum.roblox.com/u/lewin4/

Re: Roblox is minting teen millionaires

#177

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…

What percentage of real-world money paid to Google goes out to Google SWEs?

(This is not to dismiss the roblox concerns, it's a "yes-and")

Re: Roblox is minting teen millionaires

#178

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…

I guess thats the reason why they are a billion-doll-marketcap company by today?

Didnt know about these asymmetries within payin/payout: This is like a casino where I have an "exchange rate for their chips"?

Re: Roblox is minting teen millionaires

#179

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.

You know, just as a thought, if you have engaged with her like taking her outdoors or other activities, she wouldn't spend so much time or money on a stupid online video game.

Re: Roblox is minting teen millionaires

#180
post #72
post #52

Earlier quoted context omitted.

Back then, the market was much, much smaller than it is today if I'm doing the math correctly. Zynga reached an early peak in the early 2010s, but multiple companies, including Zynga (at least pre-acquisition) reach bigger revenue numbers today.

It's so large now that most of that famous "Apple Services Revenue" is just their 30% cut of mobile game payments.

I thought they included Google's payout in that category?
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