YouTuber Logan Paul's CryptoZoo NFT Project Is A Total Mess - TechCrunch

YouTuber Logan Paul’s CryptoZoo NFT Project Is A Total Mess – TechCrunch

Given Logan Paul’s dubious history on YouTube, it probably doesn’t come as a surprise that his CryptoZoo NFT project has allegedly turned out to be a scam. Some investors ended up losing up to half a million dollars, according to independent YouTube reporter Coffeezilla. The development of CryptoZoo has been stalled due to alleged nonpayment of coders.

The 27-year-old Paul rose to prominence in 2013 by posting sketches on Vine; but when the short video platform shut down, he transitioned to YouTube and even fights in the WWE. In August 2021, Paul took to his YouTube podcast to announce his NFT project.

“It’s so fun. It provides a yield with a token, it can earn you money, and as a person who understands, I think, the NFT space enough to know what works, what people want and what they’re looking for, I think my game is going to make some waves,” Paul said.

Between his main YouTube channel and his podcast, Paul has around 28 million subscribers, plus another 24.6 million followers on Instagram and 16.6 million on TikTok. In other words, he had the audience necessary to generate hype around a new collection of NFTs.

Paul’s fans could buy an NFT of an egg, which hatches into an animal that is assigned one of five levels of rarity. These animals can be bred to produce more eggs that hatch hybrid animals, which also have specific rarity levels. When animals are hatched, they yield $ZOO tokens — the rarer the animal, the more it yields.

Paul promised fans that they could play games with their animals, which would eventually “enter the metaverse,” according to CryptoZoo’s product roadmap. But most of the goals on the product roadmap have not been achieved.

The independent reporter Coffeezilla released a three-part video series at the end of December, chronicling his research into what went wrong with CryptoZoo. As it turns out, Paul had employed multiple con men to work on the project.

TechCrunch has reached out to Paul’s manager Jeff Levin for comment.

Coffeezilla interviewed Cryptozoo’s developer “Z,” who is holding the code hostage for $1 million, since he claims that Paul never paid him. In a response video, Paul claimed that “Z” is actually Zach Kelling, a convicted felon.

“I know what you’re thinkin