Over two years after promising a groundbreaking crypto game that never materialized, YouTube star Logan Paul has launched a long-awaited buyback program to reimburse disappointed investors who purchased digital assets for the vaporware project.
Keypoints
- Logan Paul launched an NFT project called CryptoZoo in 2021 that was supposed to be a play-to-earn game where people could buy, sell, and breed digital animals
- The game never materialized even though people spent millions of dollars buying NFTs to use in the planned game
- In January 2023, Logan Paul promised to refund investors but hadn’t followed through yet
- On January 4, 2024, Logan Paul announced a $2.3 million buyback program to reimburse people who bought CryptoZoo NFTs
- To get the refund, people have to waive any legal claims against Logan Paul related to CryptoZoo
In August 2021, Logan Paul introduced CryptoZoo, a play-to-earn game conceptualized around NFTs…
