Roblox

More platform than game, Roblox is a place where users, many of them children and teenagers, play millions of games built by other users rather than by Roblox itself. The company provides the engine, the hosting and the marketplace, and takes a cut of spending on Robux, its virtual currency, which players buy to unlock items and experiences. Founded in 2004 by David Baszucki and taken public through a direct listing in 2021, it earns money from that currency while paying a share to the developers who build on it, an economy that keeps content flowing at almost no cost to the company. The bull case is a durable, self-sustaining platform with huge engagement among young users; the concerns are persistent unprofitability, child-safety scrutiny and the challenge of keeping users as its audience ages.

On MyRWA, RBLX trades tokenized across 3 on-chain venues - see the listings below.