The cryptocurrency marketplace has been a difficult one for the general public to wrap its head around, and many people are still largely skeptical of the legitimacy of these decentralized currencies.
Among the frenzy of people trying to get involved in the seemingly booming market for crypto has been the highly popular online influencer Logan Paul, but as has been the case with him before, his foray has resulted in controversy.
While he is attached to numerous crypto projects, Logan Paul’s Cryptozoo project has made a lot of noise in the past month for all of the wrong reasons.
What is Cryptozoo?
Cryptozoo, which officially released in 2021, was intended to be an NFT-based play-to-earn game. People could purchase a cryptocurrency used in the game and buy eggs with them. After buying eggs, they could choose to hatch those eggs creating an image of an animal, and different animals could be used to breed hybrid animals.
The animals could then be resold for more currency. This process could be performed repeatedly allowing players a chance to earn money and potentially cash out to earn real-life money.
Reception and controversy
When Paul and his team released images of the animals that would be in Cryptozoo, the project drew criticism from many online because the “animals” in the game appeared to just be basic stock images of average animals. These animals could be bred together to create mildly…
