Roblox CEO Envisions In-Game NFTs as Part of Open Ecosystem 'Dream'
Roblox CEO David Baszucki envisions the integration of limited edition NFT (Non-Fungible Token) items into the popular metaverse gaming platform as part of an open ecosystem. Baszucki discussed the potential for NFTs on Roblox in an interview with CNBC, highlighting the idea of these digital assets moving from platform to platform.
In this envisioned future, synthetic Robux currency, used within the Roblox platform, might become a currency usable outside of Roblox. Additionally, NFTs could exist on Roblox and have the capability to move off-platform. Baszucki described a hypothetical scenario involving a celebrity like Elton John launching limited-edition capes for charity on Roblox. He suggested that these items could potentially become NFTs, be sold off-platform, and then return to the Roblox platform.
The CEO emphasized the role of creators, whether they be celebrities like Elton John or major brands like Nike, in this process. Creators would play a key role and have control over the movement of digital items, ensuring a fair and controlled process.
The integration of NFTs on Roblox holds significance due to the platform's massive user base, particularly among younger audiences. Roblox has experienced significant growth, with a 20% increase in daily active users compared to the previous year. In Q3 of the same year, over 70 million people spent an average of 2.5 hours on the Roblox platform. The potential introduction of NFTs could add a new dimension to the digital economy within the Roblox metaverse.
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