How Legacy became a costly crypto bust for players and a business win for Peter Molyneux

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    The reason Town Star’s amazing bull run couldn’t ”logically continue”—and the reason most play-to-earn games quickly fail—is a simple matter of monetary inflows and outflows. In the early days, as new speculative players flood into a hot game, their fresh, incoming initial investments drive up the price of the associated crypto tokens, helping to fuel the profits of the speculative players that came in before them.
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    Don’t we have a phrase for this? Something to do with Pyramids?
     
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