There was a really great real-world-ish equivalent of this called Chain World. A game of Minecraft on a USB stick that you were to play as normal but promise that, if you died, you'd quit the game forever and give the USB stick onto someone else. They'd then respawn in the now-abandoned world you'd been building.

Unfortunately it didn't work out (too much attention basically). Here's the story: https://www.wired.com/2011/07/mf_chainworld/