- Coffeezilla Investigator Reveals Influencer Logan Paul’s CryptoZoo Sport Rip-off.
- The play-to-earn sport went dangerous after traders signed up and deposited cash.
- Paul blamed the builders for the lack of hundreds of thousands of {dollars}.
American YouTuber and influencer Logan Paul is underneath the radar of crypto sleuth Coffeezilla, who has now revealed his CryptoZoo playing rip-off. Logan Paul’s “enjoyable sport” claimed to permit customers to earn cash. Nevertheless, after hundreds of thousands of {dollars} of funding, customers are left with nothing however inventory footage of zoo animals.
Initially, Logan confirmed nice enthusiasm for his ardour venture CryptoZoo on his podcast referred to as “Impaulsive”. The aim of the CryptoZoo sport was to permit individuals to take a position their cash and earn passive earnings as they play.
Customers purchased animal eggs after which bred the animals that hatched from the eggs to create distinctive NFTs. However the issue arose after individuals invested hundreds of thousands and could not money out the earnings.
Coffeezilla requested one of many victims, HelicopterBob, who misplaced $7,000 on CryptoZoo, if passive return ever labored for him and if he made any cash. To this, Bob replied:
It by no means labored from the beginning. It was not even written within the contract the place it was indicated should you might yield with Zoo. However there was no solution to declare your efficiency. There by no means was
Coffeezilla investigated the scandal to disclose that at one level Logan blamed the sport’s developer for his failure. Paul claims that the developer created a code, then fled with it, to Switzerland, and wouldn’t return it except the Youtuber paid him one million {dollars}.
After Coffeezilla interviewed the developer of CryptoZoo, it was revealed that Paul by no means paid the developer’s staff, which is why they stopped engaged on the venture.
Moreover, Logan Paul has been criticized for utilizing Adobe Inventory photographs and turning them into “artwork” as a part of his CryptoZoo NFT venture, regardless of claims by Logan Paul and his staff that it’s “handmade artwork”.
Coffeezilla shared that resulting from Logan Paul’s affect, individuals have spent hundreds of thousands. The crypto analyst stated, “Individuals purchased $2.5 million value of eggs on day one, and the sport hasn’t even launched but.”
Coffeezilla referred to as Logan Paul’s supervisor, Jeffrey Levin, who responded to the crypto interviewer with a response saying “no remark”. In keeping with Coffeezilla, Levin and Paul declined to current proof or touch upon points with CryptoZoo. Moreover, Coffeezilla revealed that they had been blocked by Logan Paul on social media.