Thanks to the diligent reporting of YouTube ‘journalist’ Coffeezilla, we now know more about Logan Paul’s crypto$zoo.
In the fast-paced world of cryptocurrency, it’s common Scams and Fraud Projects To slip through the cracks. Coffeezilla has given the crypto community a lot of information on what appears to be a massive scam: Logan Paul crypto $zoo,
Despite being exposed as a scam, Crypto$Zoo has seen an astonishing 1500% increase in value!
How can this happen even after it has been exposed as a scam?
This is a question we all want the answer to.
Cryptozoo: The shady crypto project fooling the public
Famous YouTuber Logan Paul was exposed by crypto analyst Stephen Coffizila Findsen after he published a three-part video series on Cryptozoo, a blockchain game Paul has been aggressively promoting.
Two main problems have been identified. Paul’s most ardent followers and recent investors spent hundreds of thousands of dollars on the process, and the game hasn’t gone live yet.
how the game works
Players buy NFT eggs that hatch into animals using Zoo Coins, the in-game currency provided by CryptoZoo nft game. Animals are bred together after hatching to produce a hybrid, and the rarer and more unusual the combination, the higher the zoo’s daily payout of coins. They can be converted into real money by the players. Simply put, it aims to work in a similar way to passive income.
sketchy project highlight
Paul emphasized on his show Impulsive that this nft games It was never accessible, even though it allowed players to invest significant sums of money in it and it is full of artwork.
I was figuring out complex project.
Coffeezilla notes that since Cryptozoo’s launch in 2021, Paul fans have invested roughly $2.5 million in the egg, boosting the currency’s market cap to nearly $2 billion.
The project’s primary income—from the beginning—never materialized and was not even included in the contract, where it would have been suggested that you make money with the zoo. The ability to declare your crop was never available. In short, people were pouring their money into a non-profit system.
Logan posts to Cryptozoo Discord channel after over a year
coffeezilla explained twitter thread How for the first time in over a year, Logan Paul just made a post on the Cryptozoo Discord “Long time no see.” One user expressed his happiness to see Logan and hoped that he would work on everything. to which Logan replied that he was.
Coffeezilla is certain that Logan will attempt to claim that he is returning to fix the ‘Crypto Zoo’ and accuses his employees of being ‘bad actors’ to justify their actions.
The response from the Cryptozoo community to him has not been great.
“So why did you leave us for more than a year? Why did you have to message coffee after he told you everything? Our total loss is in lakhs. People’s lives have been ruined. Whether it was your fault or not, we believed in you and have made a full recovery. I hope you are aware of your impact on our lives and are willing to accept some responsibility.
User on the Cryptozoo Discord.
It was awful that Logan actually persuaded people to spend more money on this train disaster, Coffeezilla said in his closing comment to the thread. Another fraud. And it’s not out of the question that investors will still contribute, despite his previous ‘ventures’.
#Logan #Pauls #Cryptocurrency #Scam #Project #Sees #Major #Surge #Exposure #Coffeezilla