The king of grand promises (just think of the things he has promised in his games since Fable…) may have used NFTs appropriately in his otherwise failed blockchain-based game.

Peter Molyneux is a legendary figure in gaming. There’s no doubt about it: since Populous, there have been many games associated with him that we still fondly remember. But in the last decade it’s been one step after another. His game Legacy, released in 2023, might have been one of them. It worked with NFTs and failed shortly after, though it’s still playable today and was updated just over a month ago… but before that it made no small amount of money for 22cans and Molyneux.

The virtual land was sold because it was needed for Legacy’s real-money economic system. It is said to have made over $54 million. What happened to that not-so-small amount of money? Molyneux didn’t steal it or lie about it, but is financing his next project. This would be Masters of Albion, and Molyneux, although he called the figure of 54 million exaggerated in an interview with Eurogamer, of course he did not say how much money he had raised from the sales…

“But it gave us the money to fund Masters of Albion. That’s what we used most of the money for, to bring back Russell and Mark and Ian [Molyneux’s former Bullfrog and Lionhead colleagues Russell Shaw, Mark Healy and Iain Wright]. It’s not cheap to do that. You have to take them away from their jobs. People were playing it, but unfortunately, at the time, without the meteoric rise of cryptocurrency that fueled the real play-to-earn gaming… I think play-to-earn gaming has leveled off and gone down. Legacy is still playable on the Gala Games website, but the economic model, in my opinion – and I’m not a person who understands it deeply – doesn’t really work financially or in terms of gameplay,” Molyneux said.

In any case, it was a pretty smart move on his part…

Source: PCGamer, Eurogamer