Logan Paul NFT Project Scam

Logan Paul NFT Project Scam

Logan Paul has been accused of using adobe stock images and Photoshopping as part of his NFT Cryptozoo project. Logan Paul announced that he was starting his own Cryptozoo cryptocurrency project which is described as an autonomous ecosystem where owners breed, collect and trade hybrid animals through NFTs. 

The project has quickly gained a considerable following on social networks. At first the project looks promising, but probably no one will be surprised that the launch was a complete disaster as Logan Paul and his team have been criticized for allegedly using photoshopped adobe stock images. If we take a look at their social media we see people demanding refunds and asking why they can’t see the eggs they bought in their open sea or Metamask. 

The sale was launched on Saturday and raised about $3.54 million on the first day, selling 3,000 NFT for 1 Ethereum each. In addition, three holders would have a chance to win a Pokémon First Edition bundle valued at $40,000 that included a paid flight to attend the box break in Los Angeles.

Paul’s NFT sale is incredible because it brings together a celebrity with blockchain and NFT. The sale Paul made through Bondly became one of the most successful sales in history, garnering $1 million in sales in the first thirty minutes. 

In conclusion, the popularity and growth of NFT is increasingly being used as a method to sell digital art and run contests. With influencers like Logan Paul using blockchain technology to run competitions, it is clear that they are set to continue.

Logan Paul NFT Scam
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