The game reportedly died within weeks, leaving most with losses instead of rewards
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.
The big picture: Not long ago, Bitcoin and other cryptocurrencies were supposed to be the future of money and blockchain technology was poised to revolutionize everything. But now, nobody seems to remember the blockchain revolution anymore – a solution still in search of a problem – and Bitcoin remains a niche market for financial speculators.
Forward-looking: The creator of the World Wide Web has disavowed Web3 as the future of internet's most successful and popular application. He is proposing Solid, a new decentralized effort not based on blockchain, as a possible solution to the issues the web is facing at the moment.