Roblox Is Holding A Virtual Treasure Hunt For Ready Player Two Release

Until recently, Robloxrealm.com the IRS had a curious message on its website related to virtual currency. The wording on the site said that Fortnite's V-Bucks and Roblox's Robux may be subject to "tax consequences." These examples were cited alongside Bitcoin and Ether as "Convertible virtual currency" because they can be traded between users and "exchanged into U.S. dolla


Fortnite V-Bucks mentions on an official government website prompted in-game currency tax fears, but the IRS has decided not to tax virtual currencies - for now. Since virtual currencies like V-Bucks and Roblox Robux have actual cash value, the IRS had decided it wants a piece of the action - especially from those who receive said virtual currencies as part of their jobs. Its website recently spurred controversy when the taxman said it wanted a piece of every V-Buck purcha


This is a pretty exciting event for Roblox 's surprisingly extensive fanbase. Cline's clearly excited too, as he has gone on record stating that "Roblox is the closest thing to the Oasis in real life, and this contest is the closest thing to the treasure hunt in my book." This seems a bit generous; in Cline's books the Oasis is a massive VR wonderland where players can go anywhere and do anything that their hearts desire. It's wish fulfillment on the highest level, and it might be the case that such a fantasy is impossible to truly replicate in the real world. Roblox offers players a lot of freedom, but it's got a long way to go before it's on the level of the fictional Oa


At this point, nearly every major game utilizes some form of virtual currency. Though the IRS removed the language that included gaming currencies (for now), it's clear that it has realized the amount of money that can be leached from gamers if it moves forward with reporting requirements for purchased in-game currencies. Most gaming currencies function like gift cards: the currency is bought, and then can be used to buy in-game items. If the IRS moves forward with something like this, it would be like taxing a person's income and then taxing them again for buying a gift card. That this language was on the IRS website at all was reckless, and more than a little bit ridiculous. Still, it does act as a sign that gamers, especially streamers who accumulate large amounts of virtual currencies, have a lot to worry about if the IRS decides to tax in-game mo


One day after Roblox 's stock hit the market, and things are looking up. The Roblox stock was reported to go public a couple of weeks ago, but it finally opened its doors to the public this afternoon. Many had expected the stock to go live as the market opened at 9:30 AM ET or at noon, but it didn't go live until much later in the aftern


In order to unlock the skin, not only do you need to find all 12 eggs on the map, but you need to find them all in one play through. If you back out of the map and go back in, your progress will be re


If you are an avid Roblox fan, you might know about the Roblox Annual Bloxy Awards. The Bloxy Awards is a virtual award ceremony that is held every year. This year's award ceremony is slated to be much bigger than all the previous ye


As GameStop attempts to rally following big changes potentially coming to the company, it could prove to be a challenge for Roblox. As attention is split between two high-interest stocks, it could directly impact both of them from hitting the strides they need to really succeed. Roblox reportedly previously delayed its stock after DoorDash and AirBnB went live in 2020 out of fear of getting overshadowed and while GameStop is more volatile, it's still distracting potential investors who are throwing lots of cash aro


In recent years Roblox was largely considered a footnote in the annals of video game history. Its critics have derided it as a low-budget substitute for more famous games like Minecraft . But the online game creation platform has really taken off in terms of success and popularity recently. Its developers stand to make $250 million this year , more than double what the game netted them in 2019. The game owes this sharp climb in success to a massive boom in player counts, as well as upgraded monetization options for players looking to make money off of the experiences they create in Roblox . The game even hosted a concert starring famous singer-songwriter Lil Nas X , and as a true token of Roblox 's recent success, it garnered even more viewers than Fortnite 's concert starring Travis Sc


With 28 billion logged hours played since 2008, and a recent mention in Fortune as one of the best workplaces in the San Francisco Bay area, there's no reason to think that the Roblox Corporation has any plans of slowing down. While they've not yet reached Grand Theft Auto levels of popularity , right now they're happily celebrating their 100 million active users, and if the current trend continues, it won't be long before that number doubles in size. It was only April of this year, after all, that Roblox was 90 million strong, and gaining 10 million fans in four months is something any company would be proud