Molyneux's Blockchain Game Legacy Launches Next Month Amid NFT Crash After Raising Millions
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Peter Molyneux's blockchain game Legacy arrives October 26th, after raising over £40 million selling NFT "land" plots in 2021.
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Legacy is built using Gala Games' blockchain technology and uses its own Ethereum-based cryptocurrency LegacyCoin.
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Legacy's NFT land plots sold for up to £670,000 in crypto during the NFT boom, but 95% of NFTs are now worthless according to a recent report.
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The report found creating the studied NFTs used energy equal to over 16,000 tons of carbon dioxide from over 2,000 homes.
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Legacy promises to blend "creativity, strategy, and business innovation" when it launches next month amid the NFT crash.