{"id":12302,"date":"2023-11-10T19:05:09","date_gmt":"2023-11-10T19:05:09","guid":{"rendered":"https:\/\/infundpros.com\/markets\/crypto\/roblox-ceo-dreams-of-adding-cross-platform-nfts\/"},"modified":"2023-11-10T19:05:10","modified_gmt":"2023-11-10T19:05:10","slug":"roblox-ceo-dreams-of-adding-cross-platform-nfts","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=12302","title":{"rendered":"Roblox CEO \u201cDreams\u201d of Adding Cross-platform NFTs"},"content":{"rendered":"<div>\n<figure id=\"attachment_130005\" aria-describedby=\"caption-attachment-130005\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><figcaption id=\"caption-attachment-130005\" class=\"wp-caption-text\">Source: Pixabay<\/figcaption><\/figure>\n<p>Popular gaming platform Roblox could look to add cross-platform NFTs in-game, founder and CEO David Baszucki said.<\/p>\n<p>In an interview with CNBC, Baszucki said that adding cross-platform NFTs in Roblox was \u201ca bit of a dream here.\u201d<\/p>\n<p>\u201cI want to highlight there\u2019s a bit of a dream here about objects and NFTs moving from platform to platform,\u201d Baszucki said.<\/p>\n<p>Baszucki provided a hypothetical example of a famous celebrity such as musician Elton John launching limited-edition capes for charity on Roblox.<\/p>\n<p>\u201cWe would imagine someday that those [hypothetical capes] would go off-platform, as an NFT, possibly get sold off-platform, and then come back on-platform,\u201d Baszucki said.<\/p>\n<p>Robux, Roblox\u2019s in-game currency, could also be included in the \u201cobjects\u201d part of Baszucki\u2019s statement. Roblox earns hundreds of millions of dollars each quarter selling its own digital currency which players use to purchase items on its closed platform, such as clothing, accessories, or access to exclusive servers in their favorite games.<\/p>\n<p>In its Q3 2023 earnings statement released on Wednesday, the company reported that it had generated $839.5 million in \u201cbookings\u201d during the quarter, a 20% increase from the same period a year ago. Roblox classifies \u201cbookings\u201d as the revenue generated when users purchase Robux. <\/p>\n<p>Roblox is one of the most-played video games on the planet, especially among younger audiences, and its user count is only growing. The gaming platform, which allows users to both play and create their own games, currently has around 70.2 million daily active users as of Q3 2023, while its daily active user count is up 20% compared to November of last year, per CNBC.<\/p>\n<p>In April, Roblox introduced Limiteds, a new category of virtual wearables on its platform that have a restricted quantity for sale and can be resold when users no longer wish to keep them. Each resale of a Limited item results in a 10% royalty fee being returned to the initial creator.<\/p>\n<p>Despite not being NFTs, Limiteds exhibit many characteristics associated with NFTs, albeit without utilizing blockchain technology.<\/p>\n<p>\u201cWhat we do expect is the creators\u2014whether it\u2019s Elton John or Nike, or someone else making a digital item\u2014that they would play a key role and have a fair amount of control in that process,\u201d Baszucki continued. \u00a0 <\/p>\n<p>Nike has recently invested in NFTs, having launched a Web3 platform in November last year. The company held a virtual \u201cforging\u201d event last month where NFT holders could order limited-edition Nike-RTFKT shoe NFTs and receive both a digital and physical version of the shoe. Nike-RTFKT non-fungible token collections have generated nearly $1.4 billion in trading volume and $170 million in earnings, according to research data from The Block.\u00a0<\/p>\n<p>\u00a0<\/p>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/roblox-ceo-dreams-of-adding-cross-platform-nfts-as-part-of-open-ecosystem.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Pixabay Popular gaming platform Roblox could look to add cross-platform NFTs in-game, founder and CEO David Baszucki said. In an interview&#8230;<\/p>\n","protected":false},"author":1,"featured_media":12303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-12302","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Roblox CEO \u201cDreams\u201d of Adding Cross-platform NFTs | inFundPros<\/title>\n<meta name=\"description\" content=\"Source: Pixabay Popular gaming platform Roblox could look to add cross-platform NFTs in-game, founder and CEO David Baszucki said. 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