Formerly Project L, Featuring Characters from League of Legends
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Says Riot in an announcement here:
[W]e would have continued active development if we saw any viable future, but 2XKO costs us substantially more to operate than it brings in, and engagement has stayed relatively flat despite our larger updates.
So when we looked at all the options available (e.g., reducing team size, adjusting our patch schedules, changing our business model), we concluded that finishing the rest of our work-in-progress content and sunsetting active development was the best route forward for players and Rioters.
Video explainer courtesy of Brian_F:
Coverage from around the web:
https://www.polygon.com/riot-games-cancels-2xko-league-of-legends
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