The blocky and cartoon-style virtual world Roblox expects to pay $250 million to its mostly young-adult developers this year. The company made the announcement at RDC, its sixth annual developer conference, which was a virtual event over the weekend.
By sharing its proceeds with its developers, Roblox can grow its platform and move ahead on its big goals. CEO David Baszucki wants the company and its users to collectively build the Metaverse, the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One. One of the requirements for that is to build a robust economy that benefits both developers and players alike, and Roblox believes user-generated content (UGC) is the answer. (GamesBeat is going to host an online conference on the Metaverse on October 20 and October 21 this fall.)
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