There was a time when playing video games meant that your character looked like the game creator wanted. As Polygon reported on Friday (May 21), this means you can buy a virtual Gucci bag just like a real Gucci bag.
Nowadays, it’s common to be able to dress your avatar in a variety of different ways, whether it’s completing part of a game or (in the case of the very popular platform Roblox) buying clothes and hairstyles on the virtual market.
Roblox sells its own digital currency Robux-as of Friday, the price of 1,700 Robux is $19.99-users spend on games or on the market. In some cases, market items are sold as part of a restricted event.
One of the activities is the Gucci garden experience, where users can spend time or go shopping in the space created by Gucci. Although the event was ridiculed by users, Roblox continued to sell Gucci merchandise, some of which were based on actual products from the company’s fashion collections.
One of the items is a virtual wallet, priced at 475 Robux, or less than $6. Although fans may be dissatisfied with Gucci’s activities, wallets have become a sought-after item.
Tauren began to sell virtual wallets at sky-high prices. A YouTuber recorded a transaction. Someone bought a 350,000 Robux leather bag, which was about US$4,115. By the end of the day, the average price of Gucci wallets had reached $1,578. The actual Gucci bag cost is slightly lower.
“This is just one example of an independent market for user-generated content (operated by a group of young players) on Roblox,” Polygon reports. “Roblox has its own fashion industry, and these tattered purchases are very reminiscent of buying rare items in a pandemic. Now, although people hate it, everyone wants this thing.”
Roblox went public in March with a record direct listing. As “PYMNTS” reported earlier this year, although the Polygon article referred to it as a “children’s site,” the company has also been working hard to attract adult users.
Information about the research: American consumers see cryptocurrency as more than just a store of value: The 46 million plan says they plan to use it to pay for everything from financial services to groceries. In the “Cryptocurrency Payment Report”, PYMNTS surveyed 8,008 cryptocurrency users and non-users in the United States to check how they plan to use cryptocurrency for purchases, the cryptocurrency they plan to use, and how merchant acceptance affects merchants’ choices And consumer spending.
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Post time: May-26-2021