1 year ago
YouTube influencer Logan Paul volition make a refund program for his troubled CryptoZoo NFT project, arsenic announced successful a Twitter video connected Jan. 13.
CryptoZoo volition redeem idiosyncratic tokens
In 2021, Paul and a larger squad began to make CryptoZoo, a collectible NFT task connected Binance Smart Chain. However, increasing dissatisfaction with the task has led Paul to motorboat a three-prong programme that volition refund investors.
Paul said contiguous that helium volition let dissatisfied investors to exit the task instantly and pain their CryptoZoo basal tokens for their mint price. The mint terms is 0.1 ETH ($144), and Paul has committed 1000 ETH ($1.4 million) to the redemption plan. Those who redeem their tokens volition beryllium capable to person ETH oregon BNB tokens.
Paul besides stated that helium and his manager Jeff Levin would pain their ain ” tokens to destruct their fiscal upside successful CryptoZoo.
Finally, Paul said helium plans to implicit and motorboat the crippled and marketplace arsenic promised. He added that an interior probe and audit would beryllium performed and that immoderate funds recovered successful that process would beryllium returned to the community.
Paul apologizes to Coffeezilla
Paul besides apologized to Stephen Findeisen, aka Coffeezilla, who criticized CryptoZoo successful December implicit its incomplete status. One of those videos was titled “Investigating Logan Paul’s Biggest Scam.”
Those allegations led Paul to threaten a lawsuit against Coffeezilla past week. However, Paul has since dropped his ineligible threat.
Paul stated successful today’s video:
I was antiaircraft due to the fact that … I ne'er scammed anyone with this project, I ne'er made immoderate money, I ne'er sold immoderate tokens, I lone had the champion intentions going in.
In today’s video, Paul apologized publically to CoffeeZilla, stating that “Coffeezilla is not a criminal” and thanking him for drafting attraction to the project’s issues. Paul further acknowledged that a suit would not payment CryptoZoo investors.
The station Logan Paul reveals refund program for dissatisfied CryptoZoo NFT investors appeared archetypal connected CryptoSlate.
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