Logan Paul has just announced that he will buy back all the CryptooZoo NFTs for their original purchase price. You can say what you want about the guy, but he now seriously puts money ($2.3M) where his mouth is. He even open-sourced the 25-page lawsuit he is now filing against the people he blames for derailing the project. What do you think of this?? ?? “I approached the CryptoZoo project like everything else I am passionate about – with only the best possible intentions and success for everyone who shared our vision. I never made a single penny from the project, period. In fact, the opposite is true, because I spent hundreds of thousands of dollars trying to make it happen. With this buy-back program, I am personally committing more than $2.3 million to buy back Base Eggs and Base Animals from every person who intended to play CryptoZoo. Like you, I was highly disappointed that the game was not delivered.? ? As I said a year ago, CryptoZoo was derailed by bad actors. Bad actors who DID steal money and who betrayed our team while internally sabotaging the game. This has now been confirmed by an extensive investigation that has involved a forensic analysis of blockchain activity and the review of thousands of communications. ? With this evidence in mind, today, I have filed a lawsuit in federal court in Texas to hold these bad actors accountable. The 25-page lawsuit is public and it can be found here:?https://lnkd.in/e_8jbDmv?… This lawsuit is not based just on snippets of conversations taken out of context. This lawsuit is the result of an exhaustive investigation that included the review of the entirety of conversations and tracking nefarious trading activity related to the project. Nefarious trading activity taken behind our backs, without our knowledge, and with the intention of defrauding us all. As far as the game itself, unfortunately it will not be released. I personally spent $400,000 to have it developed and after its completion in early 2023 & some further diligence, unfortunately, there are too many regulatory hurdles that would need to be cleared that I did not originally understand and would ultimately delay this buy-back even further. This buy-back is a way for me to make whole those who intended to play CryptoZoo. The buy-back is not intended to compensate those who gambled on the crypto market and lost. It’s important to remember that the Zoo Token was created to support the CryptoZoo game and its players; it was “not intended as an investment vehicle,” as outlined in the original WhitePaper. This solution has been anything but simple, so I want to thank everyone for their patience as we figured out the logistics of making sure the first ever NFT buy-back is a smooth process:?https://EGGNFTBUYBACK.COM”
Respect for sure! Although a month is quite tight, no? Given it took ~1 year. Many may have forgotten… risk of folks not claiming (who rightly should!)?
wow! The transparency in open-sourcing the lawsuit adds an interesting layer to the situation
I can see this becoming an Apple TV original or even a Netflix special. Has the necessary ingredients ??
Just amazing! The redemption story of Logan Paul is truly fascinating. I've been following him ever since the comeback and to see all the amazing stuff that he has achieved with his content, Prime and other projects is inspiring.
I'm curious as to why people pay so much attention to #fraudsters It was completely #obvious from the start that LP is a grifter playing the con on everyone.
Yeah, I don’t buy his bullshit
Founder of HotStart VC & Influencer Capital
1 年You can find the original tweet here: https://twitter.com/LoganPaul/status/1742965334645276708?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet