After all, we all like the underdog story, aren’t we? Democratized finance through technology has lots of attractive features, including freeing us from the clutches of those Wall Street fat cats. It returns the decision-making power to you! That’s the siren song of Web3 and it’s super seductive. But CryptoZoo?...
Let’s not sugarcoat it, the CryptoZoo saga is a disaster. In the end, millions lost, promises broken, and a YouTube celebrity still country’s most-discussed plan. It’s tempting to view it as another cautionary tale in the wild west of Web3. What if, despite all this destruction, there is a silver...
The CryptoZoo scandal, while no means exclusive to the CPG industry, is a cautionary tale and reminder of what makes this Web3 space so risky. Influencer Logan Paul went all in promoting the project. It offered an innovative, cutting-edge, and highly profitable opportunity by way of NFTs and a play-to-earn...
In September 2021, Logan Paul, the internet personality, introduced CryptoZoo, an NFT-based game that promised players passive income through breeding digital animals on the blockchain. Naturally, the project became an immediate media magnet. Eager investors flooded in, wooed by the allure of a user-friendly marketplace, colorful digital art, and a...
