All Updates

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Product updates
Roblox to allow creators to sell Avatar item bundles
Metaverse Experience Platforms
Sep 3, 2024
This week:
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Slingshot Aerospace secures USD 30 million in growth capital from Trinity Capital
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Sep 12, 2024
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Sep 12, 2024
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AI Drug Discovery
Sep 12, 2024
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AI Drug Discovery
Sep 12, 2024
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Sinopia Biosciences raises USD 2.2 million in Phase II SBIR grant funding to accelerate oral mucositis program
AI Drug Discovery
Sep 12, 2024
Regulation/policy
eToro settles for USD 1.5 million with SEC over unregistered trading of certain crypto assets
Retail Trading Infrastructure
Sep 12, 2024
Funding
Amprion raises USD 100,000 in research grant funding from ALS Network to support ALS research and therapy development
Longevity Tech
Sep 12, 2024
Funding
Amprion raises USD 100,000 in research grant funding from ALS Network to support ALS research and therapy development
Precision Medicine
Sep 12, 2024
Funding
Epitopea raises GBP 500,000 in grant funding to develop vaccines and TCR-based therapies
Precision Medicine
Sep 12, 2024
Metaverse Experience Platforms

Metaverse Experience Platforms

Sep 3, 2024

Roblox to allow creators to sell Avatar item bundles

Product updates

  • Roblox has announced plans to allow creators to sell Avatar bundles on its Marketplace and within experiences. The new feature is expected to be available in the coming months, offering creators a new way to monetize their content.

  • Avatar bundles will allow users to purchase complete character looks at once, instead of individual accessories. Roblox has already implemented a new search function for Avatar bundles, which has shown positive results in user shopping behavior.

  • The company has observed significant growth in creator earnings, with a 61% YoY increase in total monthly creator earnings and an 85% YoY increase in creators earning 50,000 Robux per month as of June.

  • Analyst QuickTake : Roblox has been focused on improving monetization capabilities for creators on its platform. For example, in April 2024 , the company allowed any Roblox Premium member who completed ID verification to upload, publish, and sell 3D content. Before this, the company announced the release of two AI-driven tools, "Avatar Auto Setup" and "Texture Generator," to reduce the time required to build avatars and 3D models.

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