Logan Paul has a behavior of being throughout the headlines for all types of causes it appears. Whether or not it was the notorious Japanese Suicide Forest ordeal or it’s him leaping off the highest rope at a WWE occasion Logan loves the limelight!
These current headlines although are for extra controversial exercise from the Paul camp, as he has been uncovered to be closely concerned in what can solely be described as a Crypto gaming rip-off. One he has admitted to placing his personal cash into for its growth a number of instances to hundreds of thousands of individuals world wide.
While the undertaking, named “CryptoZoo” has been on many individuals’s radars for over a yr now, YouTuber Coffeezilla has resurfaced this forgotten undertaking. Espresso, or Stephen Findeison has performed a fantastic job at reporting this as he has uncovered lots of soiled play from these concerned with CryptoZoo. You should definitely try Coffeezilla’s YouTube channel.
Let’s look deeper into the thriller that’s CryptoZoo and what has come from all of it.
What’s CryptoZoo?
CryptoZoo has been described by Logan Paul as a “actually enjoyable recreation that earns you cash.” Now we will think about many have heard this earlier than with Web3 video games and related fraudulent outcomes have materialized.
The premise of this Crypto breeding game has been set out like so. The participant indicators in and purchases CryptoZoo token, which they then use to buy eggs. These eggs hatch and the purpose of the sport is to breed the animals acquired from the eggs. If an animal hatched has a excessive rarity, then this creates extra profitable gameplay as yielded tokens are greater and the bread animals are extra useful to gamers.
CryptoZoo’s web site additional described this recreation as an “autonomous ecosystem that permits ZooKeepers to purchase, promote, and commerce unique animals and hybrids.”
Paul while closely shilling this undertaking on his ‘Impaulsive’ podcast which presently has 4.million subscribers additional buried himself right into a gap. He would go on to assert that there had been a complete of 10 completely different artists that had created distinctive art work for the video games’ characters. Totalling 6 months to finish this a part of the sport.
Coffeezilla in his video sequence has uncovered 4 key gamers in CryptoZoo. Logan Paul himself, Jeff (Logan’s supervisor, see on Impaulsive), Crypto King (the person who was seen in Logan’s Pokemon card movies) and a person named Eddie Ibanez.
Eddie was uncovered to have claimed to have labored for an NFL workforce as a strategist and likewise labored for the US authorities. All of which ended up not truly being true.
The place did it go improper for CryptoZoo?
This can be a good query and from the seems to be of Stephen’s investigation rather a lot went improper for the CryptoZoo crypto game. After Coffeezilla interviewed some early buyers of CryptoZoo it turned clear that individuals had misplaced out on hundreds of thousands of {dollars} from their investments.
It has been recorded that $2.3 million alone was spent on eggs to hatch in recreation. Gamers who purchased the tokens and eggs by no means received entry to them as a result of recreation by no means working within the first place.
The supposed photographs that took 6 months and 10 completely different artists to make had been simply ripped from Google Photos. Higher nonetheless the incomes mechanics that had been promoted by Paul had been by no means included and gamers had been left confused as to what that they had truly put their cash into.
CryptoZoo’s principal backers had been additionally caught by Coffeezilla to be pumping the value of the p2e token earlier than it got here out. He managed to get ahold of screenshots from a gaggle chat all 4 of them had been in.
Every member purchased giant quantities of the token earlier than it went reside, nevertheless that backfired as an insider messed with their plans inflicting the market cap to drop thus ruining their plans to pump and dump the token as soon as launched.
Whereas I typically recognize Stephen’s artistic genius & distinctive work ethic (I imply that), this one is solely not true. When applicable, all dangerous actors might be uncovered, defined, & held absolutely accountable. I’ll communicate additional on IMPAULSIVE January 3.
— Logan Paul (@LoganPaul) December 24, 2022
Regardless of Logan Paul insisting that hundreds of thousands was spent on this undertaking, many concerned with it have denied ever being paid. The principle dev felt he had been performed improper that badly he obtained the code for the sport, fled to Switzerland with it and demanded one million greenback payout to Logan and his workforce.
To date everybody linked to CryptoZoo has been ducking any type of accountability regardless of the obtrusive proof of foul play. Not solely has Logan Paul messed round these he labored with for this undertaking, he has additionally left his adoring followers out of pocket while he has come out hundreds of thousands of {dollars} richer.
Each Logan and Coffeezilla have been backwards and forwards because the movies had been launched. Logan appears to not really feel there was any foul play and has quoted “when applicable, all dangerous actors might be uncovered, defined, & held absolutely accountable.”
An Impaulsive episode has been scheduled for the third of January the place Logan’s full assertion on this affair might be said.
As for the remainder of them concerned with CryptoZoo, not a lot has been said. This entire situation that has unfolded is relatively disturbing. When contemplating Logan Paul’s affect, particularly over younger folks, it makes you suppose, has this man actually sorted his act out since his issues again in 2017? Who is aware of.
