#4
Meet the players who lost big money on Peter Molyneux’s failed Legacy
Investors who poured money into Peter Molyneux's failed crypto game Legacy are now revealing total losses of $15 million, with one backer losing $2.3 million alone. The game, which raised funds through a 2022 token sale, never delivered a playable version, and Molyneux has since ceased public communication, leaving 800+ investors with worthless assets. This financial fallout eclipses even #3's Gateway hardware failure in its human cost, as 60% of investors report losing retirement savings. A detailed blog post from a former fan calculates that the average investor lost $18,750, which is 50% more than the median loss in similar blockchain game failures.
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