‘It's Modding, But on Steroids': Mark Long on the Future of Web3 Gaming [Yahoo! Finance]
Roblox Corporation Class A (RBLX)
Company Research
Source: Yahoo! Finance
They spend countless hours — and often their own cash — to create content that grows the ecosystem, and they get nothing while the gaming companies get everything. Web3 games, in theory, give power (and equity) to the players. Or, that was the pitch in the last bull cycle, when Web3 games like Axie Infinity seemed to create new economies and even lift players from poverty. Then prices tumbled, games crumbled. Can Web3 games make a comeback? Mark Long is a speaker at Consensus 2024 , in Austin, Texas, May 29-31. Now at least one thing is different: Top-tier gaming talent has entered the Web3 space, focused on creating games that are actually a blast to play, not just a means to grind out crypto. “It's very important that it's a great game, period, whether for Web2 or Web3,” says Mark Long, CEO of Shrapnel, the blockchain-infused and “moddable” first-person shooter game, which is expected to be released in 2025. (Modding refers to the ability of gamers to modify aspects of the game
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RBLX
Earnings
- 5/9/24 - Beat
RBLX
Sec Filings
- 5/21/24 - Form 144
- 5/21/24 - Form 144
- 5/21/24 - Form 144
- RBLX's page on the SEC website