Logan Paul NFT buyback shows celebs can’t ‘play around’ in Web3

YouTube investigator Coffeezilla pointed out that participants in the buyback program will waive actual or anticipated claims against Logan Paul and CryptoZoo.

Community members have reacted to YouTuber Logan Paul’s buyback announcement, delivering on his year-old promise to refund the disgruntled investors of his nonfungible token (NFT) project CryptoZoo. 

The NFT project was supposed to be a play-to-earn (P2E) game that lets players buy, sell, breed and trade animals with crypto. The YouTuber announced the project in August 2021, but the game was never released. This sparked allegations of fraud and led to a class-action lawsuit against the celebrity. 

Throughout the controversy, several commentators called out Paul to make the investors whole. They’ve also kept a watchful eye on the progress since Paul promised refunds almost a year ago. 

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