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How do games like Sea of Thieves stay afloat?
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I bought no man sky at some point because I felt it had enough value to warrant the price so adding things do translate into sales. You just have to balance the investments into the game and how much extra sales you can get.
Terraria is also a good example. They have kept their game relevant for so long that they are actually getting brand new customers just trough birthrates. Everytime they release stuff people talk about the game and people that were too young to buy it at release suddenly buys it.
Can confirm. My nephew is 9, younger than Terraria itself, and has recently become obsessed with the game.