(Technically, the metaverse doesn’t exist yet. The platform’s growth, alongside other games like Fortnite where players also attend concerts and hang out with friends, concerned Facebook so much that it rebranded itself Meta and began spending billions on its metaverse project, afraid of missing the next trend in online socializing.īut for the time being, Roblox is still where the action is for today’s young gamers or “metaverse” participants if you want to call them that. Made popular through games like MeepCity, Jailbreak, Adopt Me!, Royale High, Murder Mystery, and others, Roblox appeals to a younger demographic who go online not only to play games, but to chat and socialize with other players. After reporting its fourth-quarter results on Wednesday, Roblox shares popped 25%, as investors reacted to the company’s better-than-expected earnings. No, not the one Meta is trying to make happen in VR - the gaming platform Roblox is where the kids are still spending their money, apparently.
It looks like the metaverse is doing okay.
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