"Players who invested in Legacy expressed frustration over the disparity between the promised experience and the reality, describing it as a 'pale shadow' of expectations. The economic system was fundamentally broken, leading to a mass exodus shortly after launch."
"Molyneux stated that the funds from Legacy were crucial for developing Masters of Albion, indicating that despite the game's failure, it financially supported future projects. This raises questions about the sustainability of such funding models in the gaming industry."
Players invested approximately $54 million in NFTs for the game Legacy, designed by Peter Molyneux. They were promised a robust economic simulation and play-to-earn opportunities. However, upon launch, the game failed to meet expectations, featuring a flawed economic system that led to mass player abandonment within weeks. Despite its failure, the funds raised were used to finance Molyneux's next project, Masters of Albion. Critics noted that Legacy was characterized by hype and unfulfilled promises, resulting in significant player dissatisfaction.
Read at Ars Technica
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