If you don’t what Roblox is, it’s a free-to-play game with goofy graphics and gameplay. Its audience is mostly little kids. And this game is now worth more than Ubisoft, the company that releases at least a AAA game every year, and Take-Two, the parent company of Rockstar Games combined.
The Roblox Company, the company that makes Roblox revealed their company’s worth with direct listing. And it impressed investors so much, they reached the first-day valuation of $45 billion.
So, Roblox began to sell their stocks on Wednesday, starting at a suggested price point of $45 a share. And the stock price is hovering around a total value of over $45 billion right now. So there isn’t that much of a chance of prices going down unless something really weird and unexpected happens.
So why Roblox worths this much? It’s mainly because the audience is mostly kids. So lots of kids spend hours in this game. And Roblox works like a platform, like Happy Wheels used to do. You can create your own maps, or you can play in maps that other people designed.
So why is this important to the gaming community? It’s because Roblox is a very simple and easy-to-use game. The reason for it being this simple is the fact that it’s aimed towards little kids. So there is a possibility of other companies seeing this success and thinking that making games aimed at kids is a good opportunity. And this can result in games turning into some easy and simple, child aimed things.
The only thing that we can do is to hope that the community doesn’t turn into a child-based place where all the are just mindless fun tools.