150 million customers later, Roblox competitor Rec Room is shutting down

Rec Room, a Roblox-like social gaming platform that lets customers create video games and experiences for others to play, is shutting down on June 1st. Regardless of reaching greater than 150 million gamers and creators and, at one level, being valued at $3.5 billion, the corporate says in a weblog put up that “we by no means fairly discovered easy methods to make Rec Room a sustainably worthwhile enterprise” and that “our prices all the time ended up overwhelming the income we introduced in.”