The NFT game, which sees players buy zoo coins to spend on NFT eggs which hatch into animals- has had its fair share of controversy, including failed mint transactions, bots, and the use of Photoshop stock images. Now, Coffeezilla alleges that the game itself was never even playable. Just last week, the internet personality issued a response video in which he blasted YouTuber Coffeezilla’s probe into “CryptoZoo,” a blockchain-based game developed by Paul and his business partners. In short, Coffeezilla’s investigation led him to speak with people involved in the creation of the game, as well as investors who felt they had been misled about the stability and functionality of the project.

  • The comments came as a response to a three-part series by YouTuber Stephen “Coffeezilla” Findeisen, who accused Paul of peddling a scam and not paying developers involved in CryptoZoo.
  • Ali holds a Master’s degree in Finance and enjoys writing about cryptocurrencies and fintech.
  • While he hasn’t responded to all of CoffeeZilla’s questions about what has transpired at CryptoZoo, investors seemed to have taken this as a sign that the project will finally be on the path to achieving what it initially intended.
  • People who follow Logan and those who initially invested in Cryptozoo claim that he was very excited about sharing the project with them, and would often talk about it on his podcast impulsive.

Any opinions or expressions herein reflect a judgment made as of the date of publication, and TokenInsight reserves the right to withdraw or amend its acknowledgment at any time in its sole discretion. TokenInsight will periodically or irregularly track the subjects of news/articles/reports or other information we provide to determine whether to adjust the acknowledgement and will publish them in a timely manner. In a three-part series created by a viewer-supported Youtube channel, Coffeezilla accused Paul of engaging in fraudulent activities with his NFT game. Another of the accusations that Paul throws at Coffeezilla is that he allowed the “illegal recording” of his manager’s phone call without his permission and then posted it online.

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Coffeezilla alleged that Logan Paul’s team did not spend $1 million in building the game but simply copied a code from FlokiShibX and claimed it as their own original game. “People were buying marketing and promises,” explained Coffeezilla, as he highlighted how investors lost millions in the scam. However, its social media channels have not been active over the past eight to nine months, brewing concerns of abandonment by Paul. Coffeezilla, whose real name is Stephen Findeisen, accused the 27-year-old Podcaster of allegedly stealing millions of dollars through the business. The crypto scam allegations are yet to fizzle out, but the investigative journalist who interviewed purported investors of the project has dropped bombshell allegations about Paul and his team members.

Logan Paul’s Cryptozoo

Crypto Zoo is an NFT game in which players spend in-game currency called ‘zoo coins’ to buy egg NFTs. When the eggs hatch into animals, players can breed them to create hybrids. Last week, https://cryptonewshq.com/ investigative YouTube journalist Coffeezilla released a series of videos in which he accused youtuber/boxer Logan Paul of engaging in fraudulent activity with his NFT game, Crypto Zoo.

Paul identified Zach Kelling as the man who developed the game’s code and fled to Switzerland with it, holding it hostage for $1 million. Paul describes Kelling’s past with multiple felonies, but neglects to mention in his defense that hewillingly hired Kelling to work on the project. Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master’s degree in Finance and enjoys writing about cryptocurrencies and fintech.

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Among Paul’s more interesting hires were Eddie Ibanez, CryptoZoo’s lead developer. Both Paul and Findeisen have said Ibanez lied about his educational background and work history, including claims to have worked for the CIA and helped the Philadelphia Eagles win the Super Bowl using data science. Coffeezilla, whose real name is Stephen Findeisen, said Paul had not paid developers and accused him of abandoning the project. Paul had been an avid supporter of crypto and NFTs throughout 2021 and was a major promoter of the crypto token Dink Doink prior to launching CryptoZoo.

Logan Paul NFT Scam – What Really Happened?

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. Paul promised fans that they could play games with their animals, which would eventually “enter the metaverse,” according to CryptoZoo’s product roadmap. Paul attempted to refute Findeisen’s allegations by claiming to be hoodwinked by a criminal in the process of working on CryptoZoo.

Social media personality Logan Paul is at the center of the debate about play-to-earn games, crypto, NFTs, and CryptoZoo. Paul warned YouTuber Coffeezilla in a recent video, who published videos on Paul and his NFT project. He described it as a “really fun game that makes you money.” However, the exposé done by Coffeezilla said that Paul never https://cryptonewshq.com/2022/01/kyle-van-dyn-hoven-created-an-nft-collection-now-worth-85-4-million-heres-how-he-did-it/ paid the game’s developers, which halted further development activity. TheNewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and blockchain industry. He says he discourages children from personally investing, despite promoting the idea of playing it to that audience.