Roblox creators who are part of the platform’s UGC Program can now create Limiteds. Similar to NFTs, Limiteds are wearable digital items available in limited quantities that can be resold. However, there is one key difference between the two. Limiteds are only accessible within the Roblox platform.
“We are developing more ways for creators to innovate and earn as we build towards our vision of a community-driven Marketplace,” states Roblox. “Adding scarcity to our Marketplace is a key element of creating healthy marketplace dynamics that benefit creators, buyers, and sellers alike.”
Limiteds aren’t new to Roblox, as the platform has been selling them for some time. However, this marks the first time individual creators can create and sell them on the platform.
Creators can control the level of scarcity of their Limiteds by choosing the quantity available. According to the announcement, earning shares for the new digital wearables will be the same as other Roblox transactions. The creator of the Limited will receive 30%, the seller will receive 40% and Roblox will receive the final 30%. Additionally, each time a Limited resells, the creator will earn a 10% original creator payout. The additional payments will come out of Roblox’s share of the sale. However, the platform states that these payments may change down the line.
Keeping the Limiteds market healthy
Roblox aims to encourage a healthy marketplace in which creators upload high-quality items by requiring creators to make a payment before publishing their Limiteds.
The popular metaverse platform also stresses that it prohibits the publication of items that are overly similar to existing items on the market. For instance, creators may not copy another creator’s Limited or republish their creation after its original release. Violating these terms can result in the creator being removed from the UGC Program. In addition, creators who violate the guidelines will not receive a refund for their upfront payment.
Jack Brassell is a freelance journalist and aspiring novelist. Jack is a self-proclaimed nerd with a lifelong passion for storytelling. As an author, Jack writes mostly horror and young adult fantasy. Also an avid gamer, she works as the lead news editor at Hardcore Droid. When she isn't writing or playing games, she can often be found binge-watching Parks & Rec or The Office, proudly considering herself to be a cross between Leslie Knope and Pam Beasley.
