Given Logan Paul\u2019s dubious history<\/a> on YouTube, it probably doesn\u2019t come as a surprise that his CryptoZoo NFT project has allegedly turned out to be a scam. Some investors ended up losing up to half a million dollars, according to independent YouTube reporter Coffeezilla<\/a>. The development of CryptoZoo has been stalled due to alleged nonpayment of coders.<\/p>\n

The 27-year-old Paul rose to prominence in 2013 by posting sketches on Vine; but when the short video platform shut down, he transitioned to YouTube and even fights in the WWE. In August 2021, Paul took to his YouTube podcast<\/a> to announce his NFT project.<\/p>\n

\u201cIt\u2019s so fun. It provides a yield with a token, it can earn you money, and as a person who understands, I think, the NFT space enough to know what works, what people want and what they\u2019re looking for, I think my game is going to make some waves,\u201d Paul said.<\/p>\n

Between his main YouTube channel<\/a> and his podcast<\/a>, Paul has around 28 million subscribers, plus another 24.6 million<\/a> followers on Instagram and 16.6 million<\/a> on TikTok. In other words, he had the audience necessary to generate hype around a new collection of NFTs.<\/p>\n

Paul\u2019s fans could buy an NFT of an egg, which hatches into an animal that is assigned one of five levels of rarity. These animals can be bred to produce more eggs that hatch hybrid animals, which also have specific rarity levels. When animals are hatched, they yield $ZOO tokens \u2014 the rarer the animal, the more it yields.<\/p>\n

Paul promised fans that they could play games with their animals, which would eventually \u201center the metaverse,\u201d according to CryptoZoo\u2019s product roadmap<\/a>. But most of the goals on the product roadmap have not been achieved.<\/p>\n