Traders in Logan Paul’s troubled NFT gaming venture Cryptozoo are nonetheless awaiting any concrete particulars on the 1000 Ether (ETH) refund (value $1.93 million at present costs) that was promised in January.
In a YouTube video posted on June 30, “Web Detective” Cofezilla — the person who first introduced the venture’s points to mild in December 2022 — asserted that Paul’s communication with the CryptoZoo group has dried up in current months:
“It has been six months, so this is the follow-up. Logan Paul hasn’t paid his victims again, he hasn’t talked about it since he first introduced he would pay them again. And the worst half is that his Has no plans to refund anybody.
“How do I do know that? Effectively as a result of I ask Logan for that plan to refund the folks behind the scenes on a regular basis,” he added.
CryptoZoo was launched in September 2021, with the intention of being an NFT enrichment sport providing alternatives to earn ZOO Tokens and NFTs, with Paul himself describing it as “a extremely enjoyable sport that makes you cash”.
Nonetheless, with disappointing NFT art work that was apparently ripped from Adobe Inventory Pictures, falling NFT and ZOO token costs, and an obvious failure to ship on the roadmap, buyers grew to become disenchanted by the top of 2022.
After going through robust group backlash following a sequence of exposé movies by Coffeezilla on CryptoZoo, Paul lastly introduced plans to refund buyers on January 14, whereas promising to ship on the venture’s roadmap.
Nonetheless, this didn’t cease Cryptozoo and Paul from being embroiled in a category motion lawsuit the next month.
My 3-step plan for CryptoZoo, together with a $1.3M reward program for annoyed gamers.
thanks, @coffeebreak_YT pic.twitter.com/xFX017UHoc
— Logan Paul (@LoganPaul) January 13, 2023
In Coffeezilla’s newest video, he shared screenshots of electronic mail communications with Paul’s lawyer Jeffrey Neiman of the MNR legislation agency, suggesting {that a} concrete plan has but to be established.
“We characterize Logan Paul. Mr. Paul has knowledgeable us of your outreach relating to the standing of the CryptoZoo Egg Buyback. Mr. Paul stays dedicated to this course of. We’re working with Mr. Paul to guage the easiest way to attain this purpose,” the e-mail reads.
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Cofezilla continued to lift points with this assertion, as he highlighted the convenience of paying blockchain builders to instantly write code for the refund course of, whereas additionally asserting that Paul is clearly rich sufficient to excellent buyers.
“So you are still on the whiteboard? Guys this can be a assertion you say when you do not have a plan, otherwise you’re caught, […] I imply Logan was again in January, he was evaluating.
“Am I to imagine that six months later you guys have not figured this out?” he added.
Logan Paul is the kind to truly thanks whenever you expose his rip-off, then block you whenever you remind him to pay. pic.twitter.com/wI1o3ilD5S
— Coffeezilla (@coffeebreak_YT) June 30, 2023
On the time of writing Paul has but to publish a response on YouTube or Twitter.
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