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.
https://arstechnica.com/gaming/2026/04/how-legacy-became-a-costly-crypto-bust-for-players-and-a-business-win-for-peter-molyneux/Open linkView original on piefed.world
15 replies
Very hard to feel sympathy for people who not only fell for an NFT-grift, but an NFT-grift by Peter Molyneux.
Hilarious to say the least. I would say fuck Molyneux but at this point, it's their fault.
Seriously, I figured that
SporeGodus would be the last time he'd have a moderately successful grift.Spore was Will Wright.
Whoops. It was so garbage I misattributed it to molyneux in my head.
It’s not just Molyneux, even Will Wright has been behind some weird NFT project. As an old boomer that idolized some of these people it’s a real let down. Dark Knight was right man: you either die a hero or become a villain
Ah that's so disappointing to hear that Will Wright was partaking in this crap. He was such a pioneer in games.
So was Molyneux if you go back far enough. Bullfrog had a series of absolute bangers.
That reminds me, they worked NFTs into star citizen yet?
I looked into it (should be telling of the company) Thus far still just a lot of overpriced digital content. Over 100 dollars for a digital spaceship. 🚀
Can be a fun game if your computer doesn’t implode trying to play it.
Star Citizen is the perfect example of why NFTs do not have good use cases.
But there is no good reason for CIG to deal with the extra headache of adding NFTs on top. It's just more cost, risk and UX complexities (let's for the sake of argument forget about regulatory issues) for no gain.
I couldn't stop following this from the moment it was first announced. It looked so incredibly bad. Ignoring that the economics of play to earn don't work without a steady stream of new
rubesplayers buying in, this looked like the most uninspired, boring idle management game I'd ever seen. It was so clearly the lowest effort rug pull they could manage.Can't wait for Molyneux's next game
That and, there's no incentive or real obligation for developers to use the money earned that way on the game itself, it sounds like Molyneux made no secret of using it for something else entirely:
I somehow missed this whole chapter, and I can't get enough of Molyneuxs wild ride any chance i can.
I'd have happily got ripped off just to say I was there. Like when someone willingly gets humiliated by a stage hypnotist.
This headline works with both capitalized and lowercase "legacy".