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Ars Technica Apr 27, 2026 at 10:45 Big Tech Stable Warm

Meet the players who lost big money on Peter Molyneux’s failed Legacy

After millions in NFT sales, the hyped “play to earn” game was effectively dead in weeks.

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By Kyle Orland Original source
Meet the players who lost big money on Peter Molyneux’s failed Legacy

This week, players are being asked to pay $25 for early access to Masters of Albion, a god game throwback that legendary designer Peter Molyneux (Populous, Dungeon Keeper, Black and White) says will be the last game he ever works on. But the players who poured roughly $54 million in cryptocurrency into Molyneux’s previous game, Legacy, say they're still bitter about getting swept up in Molyneux’s broken promises of a best-in-class economic simulation and the opportunity for “play to earn” riches. Legacy players who spoke to Ars Technica described pre-purchasing thousands of dollars' worth of NFTs, in some cases, to buy into the crypto-fueled vision offered by Molyneux, his development studio 22cans, and publisher Gala Games. Those players said the Legacy they got was a pale shadow of what was promised, with a broken-by-design economic system that caused players to abandon the game en masse within a couple of weeks of its 2023 launch. Despite the game's almost total failure as a going concern, though, Legacy rode the crest of the crypto hype wave to pre-sold economic success that Molyneux said “[gave] us the money to fund Masters of Albion," in a 2024 interview. "That's what we used the majority of the money for…”Read full article Comments

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Meet the players who lost big money on Peter Molyneux’s failed Legacy

After millions in NFT sales, the hyped “play to earn” game was effectively dead in weeks.

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