Roblox Unveils TikTok Rival

Web3, AI and the creator economy in under 3 minutes per week!

Author

Shira Lazar
March 24, 2024

Hello everyone, Happy Sunday! As usual, there's a lot happening in the world of emerging tech and the creator economy. Here's what I’m paying attention to this week, including a little throwback:

What You Need to Know:

Roblox is stepping up its game by launching a hefty $35 million fund aimed at empowering creators to build new experiences beyond children's gaming. With its own short-form video service, Roblox could be positioning itself as a formidable contender against TikTok.

With this new fund, Roblox is broadening its horizons, inviting creators to innovate beyond games, potentially changing the platform's youthful image. This initiative aligns with Roblox's recent endeavors to appeal to older audiences, including hosting virtual concerts and social movements, as well as exploring more mature content.

The question now is: Can Roblox successfully transition and expand its user base, or will it remain synonymous with its younger demographic? Roblox is clearly ambitious, with its sights set on becoming a cross-generational platform and now taking on social media giants like TikTok. But will its foray into new territories resonate with the older audience it seeks to attract?

🔥My Hot Take:This is an interesting move and definitely worth looking into for creators. In the end, if there’s an audience and a path to monetization, creators will come! I do hope they support both the typical names and emerging ones through this.

Shira Lazar

On My Radar

DeepMode is a unique AI Photo Generation service that lets creators make lifelike AI avatars from their photos. This platform provides a safe and private environment to upload photos and generate an AI clone. After creating your AI clone, you can modify its appearance, including outfits, backgrounds, and styles. This product is suitable for both individuals and professionals, and you don't need any technical expertise to use it.

If you're interested in making your own AI influencer, I suggest you watch this video.👇

Other headlines to check out:

📲An open call for all artists for Mental Health Awareness Month:


I’m Bullish On…

The AI CHICKS Podcast, hosted by Aisha Corpas Wynn and Lana Hout, breaks down complex AI topics for everyone. It's the perfect resource for tech enthusiasts, the curious, and anyone wanting to stay updated on AI.

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Lean into the moments when you have no energy at all.”

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