Over Half of the Respondents (55%) Are Aware of Logan Paul’s NFT Scam

YouTube influencer Logan Paul has recently been criticized for his involvement in the CryptoZoo NFT project. The game promised players the ability to participate in a fun world and earn passive income, but ultimately resulted in significant losses for many who invested. Despite initial success, it was revealed that the initially released artworks were simply altered photos that could easily be found on the internet. In response to accusations of fraudulent activities, Paul denied the allegations and stated that he had unknowingly hired individuals with criminal backgrounds responsible for the development of CryptoZoo. However, the question of what happened to the investors’ funds remains unknown, and the situation is still ongoing.

Hence, Real Research, an online survey app, launched a survey on YouTuber Logan Paul’s failed crypto project, CryptoZoo, to gather more information on the likeliness of it being a scam.

Highlights:

• A majority of 55.42% are aware of Logan Paul’s NFT scam recently
• 59.48% have heard of the controversies between Paul and internet detective Coffeezilla
• 13.27% believe that Paul has plans to continue his project despite the accusations of fraudulent activities

In this report, we will highlight the main results from the survey and examine the significance of these findings.

The first question asked the respondents if they were aware of the YouTuber Logan Paul’s failed crypto project, CryptoZoo. The majority (55%) replied yes, while 30% stated with limited knowledge and 15% said no.

Likewise, a famous internet detective Coffeezilla is known for his investigative content, which discusses alleged online crypto scams. Coffeezilla debuted Logan Paul’s NFT scam. The following poll asked if the respondents had heard of the controversy between Coffezilla and Paul.

Results reveal that 60% have heard of it, 28% to some extent, and 13% none.

Once, Coffeezilla uploaded his videos; viewers grew exponentially, leading to Paul’s attention. Paul responded by saying that he would sue Coffeezilla for defamation, but later, Paul withdrew his case.

8% said that the reason why Paul withdrew might be because court dealings are not easy, 8% said Paul finally realized his fault, 10% said Paul realized that he may get convicted, and 9% said that Paul did not want the negative association with dealing with the court.

Did Paul Abandon His Project?

Paul has stopped talking about the project, leaving the public to believe the project would be abandoned. Respondents (36%) replied that the project was abandoned because the CryptoZoo tokens were nonfunctional. 34% said Paul realized the project was bound to fail, 17% said Paul was chasing investors’ money, and 7% said the CryptoZoo development team quit the project and knew something about Logan Paul’s NFT scam.

When we asked if the respondents believe that Paul has plans to continue his project in the future, results revealed that 57% said yes, compared to 12% who said no, while 19% remained uncertain.

According to the CTO and developer of CryptoZoo, Zach Kelling said that Paul owes the development team over $1M and 5% of tokens. When addressed to Paul, he responded by “doxxing” Kelling’s personal and other sensitive information. 15% of respondents replied that doxxing Kelling wasn’t the right way as it puts Kelling at risk, another 15% said that it could be considered a crime as privacy invasion could be seen as such, and 14% said Paul’s actions reply was unprofessional

On the other hand, 11% said that although doxxing is considered unethical, Paul won’t not be facing charges, and 12% said Kelling’s life won’t be affected by the leaks.

Read More: 48% Are Excited About Seeing a 4K Copy of Peter Jackson in the Lord of the Rings NFT

Logan Paul’s NFT Scam: CryptoZoo Investors’ Money

Furthermore, when asked if respondents invested in CryptoZoo or knew someone who did, results revealed that 28% had invested in the project, 19% knew someone who did, 25% had invested and also knew someone who did the same, and 28% were on the safe side.

It is unclear if the investors’ funds would be returned. Here’s what our respondents say:

28% said that Paul would refund the funds, 22% said Paul would just disappear with the funds, 18% said Paul would forget about the money, and 13% said Paul would try to cover up the incident saying the funds are “locked.”