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Peter Molyneux's $50 million NFT game left most players with heavy losses

TechSpot·Daniel Sims·about 1 month ago
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Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust . Winners & losers: Peter Molyneux's play-to-earn blockchain game Legacy launched in 2023 and has long since gone offline. His studio, 22cans, is now focused on Masters of Albion. But while Legacy brought in more than $50 million for the studio two years before it even launched, a new report suggests that virtually no players turned a profit, and many suffered staggering losses. Players who invested in Legacy recently told Ars Technica that some lost tens of thousands of dollars and recouped less than $100, or nothing at all. Events leading up to the game's 2021 unveiling made it an enticing prospect for the blockchain-faithful, but it ultimately met the same fate as many other projects involving the technology, including its predecessor. Legacy's publisher, Gala Games, had previously released a crypto and NFT-focused game called Town Stars during the peak of blockchain, or web3, enthusiasm.…

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