Roblox corporation founded1/3/2024 ![]() Many contenders are circling the waters, including Epic Games’s Fortnite, Facebook’s Horizon, VRChat, Core, Sansar, Decentraland, and – of course – Roblox. Except instead of accessing all the internet via separated 2D web pages or apps, we’ll experience it via persistent, interconnected, virtual simulations.” It’s a wildly ambitious prize with unfathomably lucrative potential. Matthew Ball – an investor and writer focused on the Metaverse – says that the easiest way to think of it is “as a quasi-successor state to today’s mobile internet. Technology circles have long believed some version of this vision can and will feasibly exist – Stephenson himself now works at augmented reality start-up Magic Leap – even if what that would look like exactly when transposed into today’s world is still quite unclear. The term originated in Neal Stephenson’s 1992 novel Snow Crash, the story of a pizza delivery rider who spends his free time escaping his daily life by plugging into the Metaverse – a simulated world which allows its denizens to live as whoever they designed their avatars to be, in a shared reality which is always on and beyond the control of any one user. But can Roblox actually build a Metaverse? Clearly, there’s a significant amount of faith in Roblox’s promises. That’s more than gaming giant EA, as well as the might of Ubisoft, Take Two and Square-Enix combined. ![]() “We’re shepherds of the Metaverse.” When Roblox went public a month later, it quickly found itself valued at $45 billion. ![]() “Some people refer to what we’re building as the Metaverse,” David Baszucki, CEO of gaming company the Roblox Corporation, told the crowd that had assembled virtually to hear the company’s pitch to investors in February of this year. ![]()
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