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The First Descendant team Nexon has branded its saucy live-service title a failure less than two years after its PS5, PS4 release.

A capital markets briefing from the developer earlier this week had the game appear in a presentational slide headlined "What Did Not Work". The First Descendant appears on the page in a table, pointing to the "retention challenges" it had.

Company president and CEO Junghun Lee then puts it this way: "Strong launch, no staying power." He added the game faced the same issues as Dungeon & Fighter Mobile, another title in the developer's portfolio. "The retention mechanics weren't strong enough to hold players long-term."

"These are design issues that are not fixed with a patch — they require structural changes to game mechanics."

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Image: Nexon

Concurrent player data from SteamDB reveals that, on PC at least, The First Descendant opened strongly with a peak of over 264,000 users around launch. Player interest, as Lee noted, very quickly tailed off, however. Three months after release, the PC version was peaking at around 25,000 concurrent players. Now, in 2026, The First Descendant generally pulls anywhere between 5,000 and 10,000 players at peak times.

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While it is the only public player data we can pull from, it's noted by developers that PS5 and Xbox Series X|S sometimes can retain larger user bases than PC.

The First Descendant was a free-to-play release, so it's always been easily accessible for anyone interested. However, it had a lukewarm critical reception, scoring 57 for the PC version on Metacritic. In our The First Descendant PS5 review, we awarded a 3/10 and criticised its grindy mission design, bad weapons, and lack of progression.

"It’s the gaming equivalent of playing with a fidget spinner while on a Discord call — something to keep your hands occupied while you catch up. It’s a game designed to get you to pay to skip it, not play it, so what’s the point of it?"

Are you still playing The First Descendant? Let us know in the comments below.

[source nexon.co.jp, via gamesradar.com]