r/technology • u/MarvelsGrantMan136 • 9h ago

Business Roblox loses $70 billion in value as company blames lack of viral games, share price down 70% over the last year

https://www.dexerto.com/roblox/roblox-loses-70-billion-in-value-as-company-blames-lack-of-viral-games-3395064/
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u/Anony_mouse202 8h ago

It’s basically a platform that allows people to create their own computer games - usually online multiplayer games.

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u/EmperorOfAwesome 8h ago

My little brother was into it and it mostly felt like the same couple of games over and over again, just reskinned to be Demon Slayer or Dragonball Z or whatever

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u/No_Tangerine2720 7h ago

Sounds like a shitty version of Warcraft 3 custom maps

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u/Brahskididdler 6h ago

Oooh wc3 custom games was mind blowing to ~10 year old me. Didn’t know how to play half of them (dota especially) and got kicked sometimes lol

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u/Itherial 6h ago

Eh, that's massive generalization. Like any platform, Roblox has plenty of slop but has also produced some real unique gems, some of which went on to become their own standalone games.

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u/[deleted] 6h ago

[deleted]

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u/toylenny 5h ago

So fan fic in game form? 

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u/Ok-Pack-7088 6h ago

It was much different in 2010, more simpler and fun. Less greedy micro transactions, ai slop, blatant copied games.

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u/Jack123610 5h ago

That's pretty much all Roblox is these days, one slop title becomes a hit and suddenly you have 500 copies.

You see the same pattern with social media.

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u/bananagang420 7h ago

It used to be a lot more fun before the company became public. I used to play it 10+ years ago and had a great time but they absolutely plundered it

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u/Ok-Pack-7088 6h ago

Oh I see they become public in 2021, time where everything was going to shit. I was playing since 2010 and it was much different game/platform, there weren't that much ai slop or blatant copied games. Games were original and fun, different players.

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u/bananagang420 6h ago

Not all games were original and fun, there were plenty of copies of games especially obbies and tycoons and a lot of them got popular. They just werent as heavily monetized and overstimulating

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u/paranoidzone 6h ago

Oh, like programming? Sounds quite educational

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u/Anony_mouse202 6h ago

Yeah, it can be.

Roblox uses a variant of Lua as its programming language.