In February, Roblox partnered with The National Football League to launch NFL Tycoon. Moreover, on April 30 th, Roblox hosted its first-ever music awards show in the metaverse with pop star Lizzo. Recently, Spotify ( NYSE: SPOT) became the first music streaming platform to associate with Roblox through Spotify Island, which is a destination in Roblox where both artists and fans interact and get access to exclusive content and virtual merchandise. Recent DevelopmentsÄespite its dismal stock performance, the company remains well-poised to benefit from its established expertise in the metaverse space. Since its listing in March 2021, the stock is down almost 53.76%, compared to the NYSE Composite index, which is up 49%. The company was created by David Baszucki, the former CEO of Knowledge Revolution, and Erik Cassel in 2004. Based in San Mateo, CA, Roblox Corporation ( NYSE: RBLX) is a video game developer, which developed an eponymous online game platform and game creation system that allow users to program and play games created by other users.
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