The Logan Paul CryptoZoo case is a caustic incident that has made headlines in NFT gaming. Launched in 2021, the project started out fully backed by YouTuber Logan Paul.

It presented itself as a play-to-earn NFT game where one could earn big returns. As a cautionary tale, it soon came under fire from the government for fraud and mismanagement.

Key-Takeaways:

• Logan Paul had promoted his creation; however, CryptoZoo failed to fulfill its promises to deliver breeding virtual animals, and instead they were accused of fraud and mismanagement.
• The involvement of Paul stalled development and control of inappropriate funds due to the fact that developers were used who had little background, which included the main developer, Zach Kelling.
• Instead, Paul pledged his plan of $1.5 million with refunds by August 2023, and none had come through. Investors fumed over the project’s lack of progress, lashing out with criticism against it.

What Was CryptoZoo Supposed to Be?

The NFT eggs would be bought by players to hatch virtual animals on the blockchain. The basis of this was that players would breed the animals so that the resulting creature would earn higher earnings in $ZOO tokens.

In August 2021, Logan Paul put the project on a massive promotion on his Impaulsive podcast. He says he invested a million into the game’s development.

When users noticed that core features weren’t realized in Logan Paul CryptoZoo case, including the breeding mechanism, this was how Logan Paul CryptoZoo case began. Despite being purchased as $ZOO tokens and eggs, these promised elements were neither delivered.

The Coffeezilla Investigation

Last year in the latter half of 2022 and at the start of 2023, YouTuber Coffeezilla made several videos about the case against CryptoZoo with Logan Paul, and they became pretty popular. The project became a trending topic of conversating about, these were accusing it of being a scam, and investors could not access their funds anymore.

Coffeezilla investigation found that development has been stopped and that since May 2022, the social media channel is dead. The questions which came up was whether or not the project was legit and involved Paul.

The previous of aiding and abetting this hole in the bag, Coffeezilla later noted that Paul had hired developers of questionable background himself, making the case harder still. That list included lead developer Zach Kelling, whom Paul later said he claimed held the project’s code hostage.

The Blame Game and Legal Threats

As the case rolled along Paul launched a series of false threats to sue in the Logan Paul CryptoZoo case, and when the charges materialized, he denied it. In a deleted video, he accused Coffeezilla of performing clout chasing, riding on his name for views.

However, Paul later had a change of tune, apologizing to Coffeezilla and promising to Coffeezilla that the project’s problems are unfortunate. It soon came to be that the biggest point of dispute was who was to be to blame for CryptoZoo’s demise.

According to Paul, lead developer Zach Kelling and its $1 million investment money and project code fled Switzerland with him. Then he claimed that he and his team were not paid and were owed 5 percent of the $ZOO token supply.

This was a new turn for Logan Paul CryptoZoo case when Paul promised a 1.5 million refund in Jan 2023. But by August 2023, a lack of refunds was being reported, and others, including YouTuber JiDion, criticized the case further.

In January, Logan Paul announced a $1.5 million plan to compensate investors after his crypto NFT project ‘CryptoZoo’ reportedly rugpulled.

8 months later, no money has been returned. pic.twitter.com/nZOmTVl616

— Watcher.Guru (@WatcherGuru) August 20, 2023

Many of the investors have also been frustrated, and JiDion has publicly confronted Paul about the lack of refunds. Those who had lost money in the project were uncertain about the situation.

A gossip spread of a possible CryptoZoo revamp to be released in late 2023 or late 2024. The CryptoZoo website added that the project is ‘undergoing upgrades to the core infrastructure of the ecosystem,’ but we have not heard anything solid.

Conclusion

Logan Paul CryptoZoo is a reminder that celebrity endorsements alone won’t do enough to put people into a crypto project because the process of NFT investments isn’t going through due diligence. Paul’s success with other Web 3 projects meant that the CryptoZoo scandal has tarnished his reputation in the crypto community.