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Paris Hilton’s Roblox experience has driven $60M in media ad equivalency

News Feed - 2024-03-16 03:03:00

Tristan Greene5 hours agoParis Hilton’s Roblox experience has driven $60M in media ad equivalencyThe self-proclaimed Queen of the Metaverse sold nearly half a million emotes on Roblox off a viral TikTok campaign.943 Total views24 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksMedia mogul Paris Hilton’s newest Roblox experience, “Slivingland,” was visited by over 3.2 million users during the period between its launch in August 2023 and February 2024. 


According to a report co-authored by Hilton’s 11:11 Media and metaverse research think tank Geeiq, this level of exposure is equivalent to a $60 million traditional advertising campaign.


The 42-page report examines the state of metaverse advertising through the lens of Roblox, a metaverse gaming platform boasting over 71 million daily users as of Q4 2023. Roblox reported an annual revenue of $2,799.3 million for 2023, up 26% year-over-year.


Overall, Slivingland’s ad equivalency accounted for about 2.6% of Roblox’s total earned media equivalency in 2023. The report credits synergy from a viral TikTok campaign for spurring the sales.“Slivingland is designed as an evergreen entertainment hub for Paris fans around the world. Fashion, of course, is a central feature of the experience. Avatar customization and self-expression is key to Roblox’s brand success and it’s important to Paris’ community too.”


Hilton’s Slivingland Roblox experience reportedly sold “nearly half a million” emotes on the platform during a two-month period at the end of 2023. The emotes cost 100 Robux (the platform’s native currency) each. Depending on how a player’s Robux is purchased — with subscriptions available that offset some of the face cost — 100 Robux is worth around $1.25. It’s unclear what kind of revenue split Hilton receives from Roblox.


This isn’t Hilton’s first venture into Roblox. In October 2021, she launched “Paris World” on Roblox. In a later interview with CNN, she referred to herself as the “Queen of the Metaverse” and said she’d always been an “undercover nerd.”


As Cointelegraph recently reported, Hilton’s 11:11 Media and Andreessen Horowitz were among the investors behind a $54 million fundraise for blockchain-based intellectual property ownership network Story Protocol in September 2023.


She also launched a romance-themed metaverse on The Sandbox just in time for Valentine’s Day of 2023. Dubbed “Parisland,” the experience was described as “a Virtual Reality (VR) dating experience crossed with a reality dating show.”


Related:Metaverse experiences with major brands, artists and DJs drive The Sandbox’s resurgence# Business# Metaverse# Web3# NFT# FashionAdd reactionAdd reactionRead moreDubai’s DIFC passes comprehensive digital asset law, new security lawMarathon to purchase 200MW Bitcoin mining center from Applied Digital for $87.3MCrypto Biz: Bitcoin’s institutional flow looms, Coinbase’s debt round, and more

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