The game has 3 planned sequels. Destiny 1, as it stands, will probably not be plated for more than a couple years. As far as the series is concerned, if they put the heart into the sequels that they put into the pre release (2013) destiny, it could last 10 years+.
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Edited by Fox314: 10/1/2014 3:15:06 AMYes, if they learn from their mistakes and don't have some of the same internal conflicts that they had, Destiny could potentially go the distance. Destiny has been an experiment for Bungie-Activision (albeit costly). But if anything, I think they have proven this could work and now they have a basing point. But at the same time, it is still a huge gamble and has the potential the fail miserably if they don't figure it out right.