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Categories: Games, Undergradute
Roblox has gone public. The popular children's gaming platform, valued at roughly £21.3 billion, went public through a direct listing last week. What prompted this move? The opportunity for the corporation and its many developers to increase profits. So, what does the future hold for the platform and will users see any difference?
What Does Roblox have in Common with Your Games Degree?
Roblox has in equal parts caused panic and joy since its inception. While parents worry about its potential risks, the platform has been a lifeline for many children and young adults during the Coronavirus pandemic.
Roblox made its debut in September 2006 and is now one of the most popular MMO (massive multiplayer online) games. There were over 90 million active users in 2019. Among Roblox's key draws are the wealth and diversity of the games that players can experience. This is only possible because Roblox encourages individuals to create their own games.
Another major draw is that it allows children to communicate and play with others across the globe. It has reduced feelings of isolation during the pandemic and encouraged basic skills, including teamwork, problem-solving, literacy, and numeracy. Many of the games are much harder than you first imagine.
One of the significant issues with Roblox is also one of its major draws; anyone can create a game, and if it's good, people will play it. Creators then earn money through in-play purchases using the platforms currency Robux, which is convertible to real cash.
Over 1,250 Roblox content developers have earned at least £7,000 with over 300 earning over £70,000. One of the reasons the platform is going public is to encourage creators to provide more high-quality content by offering even better incentives.
Will it work? Or will the new public status of the company end up side-lining new and upcoming talent, stopping the games made by young people for young people from appearing?
So, what do Roblox and your game developer degree have in common? Hopefully, a bright and fulfilling future.
Have you ever created content for Roblox?
Wherever your game designing journey started, continue it with a university that understands your needs. Check out the video game designer degree and other Games courses available at the University of Bolton, take your game developing to the next level while enjoying #UniAsItShouldBe.
Develop a Platform or Start a New Game Craze with the University of Bolton
Taking the company public is a considerable risk. There was always the possibility that the risks would be too great for some investors. A platform where anyone can create content for anyone to play and has previous safety concerns isn't exactly a financial certainty (although it's worked quite well for social media).
However, despite concerns over safety, privacy, and the future of smaller creators, the company's reference price was approximately £33 a share. It was trading at over £50 a share at the time of writing. If this trend continues and players don't see any disruption to their experience or reduced access to their favourite creators, it is safe to say that there are plenty of Robux for everyone involved.
The University of Bolton is one of the first universities in the UK to offer dedicated Games degrees. Whether you are looking at specialising in game design, game art, or games programming, we have a course to suit you.
All our courses are taught by experienced and dedicated teachers who create supportive and positive learning environments. All games courses take place in our new £13 million state-of-the-art facility. Our industry connections give our students access to work experience, industry knowledge and ongoing support.
We have ranked No. 1 for Student Satisfaction for the past three years* and are a Guardian Top 50 UK University. If you want to know more about studying a game development degree with us, check out our Games courses page.
To speak to a member of our fantastic team, call +44 (0)1204 900 600 or email us at email@example.com.
For more information on finances, funding, wellbeing, accommodation or disability services, contact our award-winning Student Services Team.
*The Complete University Guide – North West Region 2021, 2020, 2019