Roblox CEO Talks About Adding Gaming NFTs

In a CNBC clip, David Baszucki, Roblox CEO - talks about potentially adding gaming NFTs to Roblox

In a CNBC clip, David Baszucki, Roblox CEO - talks about potentially adding gaming NFTs to Roblox

Loopify

Posted on Nov 9, 2023

Roblox, a titan in the virtual gaming world, commands the attention of over 204 million players in the last 30 days, with daily active users reaching up to 70 million during peak times like school breaks. This massive engagement is mirrored in its financial stature, with a market capitalization swinging between $17.31 billion and $23 billion as of late 2023. The platform's robust in-game economy, underpinned by a complex trading system using its virtual currency Robux, is a significant revenue driver, evidenced by a 38% revenue increase in the third quarter to $713.2 million and bookings of $839.5 million.

Potentially Adding NFTs?

Roblox CEO, David Baszucki, was on CNBC yesterday and speaks about the idea of items being added in Roblox and potentially going off platform as an NFT, get sold, and then come off the platform.

"What we do expect, whether its Elton John or Nike, they have a fair amount of control in that process…"

Jihoz, co-founder of Axie, mentioned in this tweet that David is an investor in Axie and "loves the breeding feature."

You can watch the clip here:

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Loopify

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founder @EndlessCloudsHQ & @tryPluid 🤖 i am a jpeg enthusiast and write stuff

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