{"id":539293,"date":"2023-01-14T05:08:41","date_gmt":"2023-01-14T02:08:41","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/logan-paul-unveils-1-5m-cryptozoo-recovery-plan\/"},"modified":"2023-01-14T05:08:41","modified_gmt":"2023-01-14T02:08:41","slug":"logan-paul-unveils-1-5m-cryptozoo-recovery-plan","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/logan-paul-unveils-1-5m-cryptozoo-recovery-plan\/","title":{"rendered":"# Logan Paul unveils $1.5M CryptoZoo recovery plan"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af21b6cce4bd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af21b6cce4bd\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/logan-paul-unveils-1-5m-cryptozoo-recovery-plan\/#%E2%80%9D_Logan_Paul_unveils_15M_CryptoZoo_recovery_plan_%E2%80%9C\" >&#8221; Logan Paul unveils $1.5M CryptoZoo recovery plan &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Logan_Paul_unveils_15M_CryptoZoo_recovery_plan_%E2%80%9C\"><\/span>&#8221; Logan Paul unveils $1.5M CryptoZoo recovery plan &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-5a4050f8><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>r Logan Paul has unveiled a $1.5 million recovery plan for the people who invested in his beleaguered NFT project CryptoZoo.<\/p>\n<p>Announcing the move in a video shared via Twitter on Jan. 13, Paul reiterated that he is no longer looking to sue fellow YouTuber Coffeezilla for defamation over accusations he made in a critical <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of videos on Paul\u2019s NFT project.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">My 3-step plan for CryptoZoo, including a $1.3M rewards program for dis<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ointed players.<\/p>\n<p>Thank you, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/coffeebreak_YT?ref_src=twsrc%5Etfw\">@coffeebreak_YT<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/xFX017UHoc\">pic.twitter.com\/xFX017UHoc<\/a><\/p>\n<p>\u2014 Logan Paul (@LoganPaul) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LoganPaul\/status\/1613961266984255515?ref_src=twsrc%5Etfw\">January 13, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>As such, Paul emphasized that he is instead focused on fixing CryptoZoo, delivering on the roadmap and making things right with fans and investors:<\/p>\n<blockquote><p>\u201cThe fact is, suing Coffeezilla is not going to help Cryptozoo holders so I do need to focus my attention where it should be, which is on fans and supporters of me.\u201d <\/p><\/blockquote>\n<p>Paul outlined that his recovery plan consists of three stages. Firstly, he and his manager\/CryptoZOO co-founder Jeff Levin will burn their ZOO token holdings so that they \u201chave no financial upside\u201d in the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>, and so that the token supposedly has more value. <\/p>\n<p>Secondly, he claimed that he will personally commit 1,000 Ether (ETH) as part of a rewards program that enables \u201cdisappointed\u201d investors to burn their NFTs to get the initial 0.1 ETH ($150) mint price back. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/4a579880-290f-4774-b4fa-733b99ff5cb8.png\"><figcaption style=\"text-align: center;\"><em>Reaction tweet from @CryptoKingBob: Twitter<\/em><\/figcaption><\/figure>\n<p>It is worth noting that at the time of Paul\u2019s tweet in which he said he was putting up $1.3 million for the rewards program, the 1,000 ETH was worth that sum. However the price of ETH \u2014 among a host of other top assets \u2014 has since been on a hefty pump that has seen its price <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\">gain<\/a> 10.2% over the past 24 hours to sit at roughly $1,548 at the time of writing.\u00a0 <\/p>\n<p>Finally, Paul noted that the third stage is to \u201cobviously finish and deliver the game as outlined in the whitepaper,\u201d which was initially touted as a play-to-earn game that involved breeding animal NFTs to receive ZOO token rewards. <\/p>\n<blockquote><p>\u201cTo say I am disappointed in how this was handled internally is an understatement, there\u2019s a full internal investigation going on along with an audit and we are going to pursue full legal action for whoever needs to be held accountable.\u201d<\/p><\/blockquote>\n<p>\u201cIf any money is recovered in the process, it\u2019ll go right to the community,\u201d he added. <\/p>\n<p>The community reaction to Paul\u2019s Twitter post was mixed, with some tipping their hats to Paul\u2019s efforts, while others continued to pile on with further criticism. <\/p>\n<p><em><strong>Related: NFTs have a brighter future on Instagram than on Twitter <\/strong><\/em><\/p>\n<p>Users such as @tharaxis noted that while criticism of Paul and CryptoZOO was valid, \u201call of this seems very positive and while it took a while this definitely deserves a \u2018good job\u2019. Hopefully it stays that way.\u201d<\/p>\n<p>While the founder and CEO of Genius Group Roger Hamilton added: \u201c\u2018i\u2019m sorry\u2019 and compensation to those who lost money. How great if all CoffeeZilla investigations would end up this way.\u201d<\/p>\n<p>On the other end of the spectrum, popular NFT and crypto trader @crypto_bitlord7 stated: \u201cBut let\u2019s be honest. You didn\u2019t care until it started to impact your reputation.\u201d <\/p>\n<p>\u201cYou then threatened to sue. And when you realized it backfired, you started this to try to please people. You are as fake as it gets. A true Larp,\u201d they wrote.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">He STILL did not take any accountability!<\/p>\n<p>He said \u201cI\u2019m sorry for how things unfolded\u201d he refuses to believe he is at fault.<\/p>\n<p>Additionally, he said \u201cfull investigation on WHOEVER is accountable\u201d<\/p>\n<p>And now he is treating coffeezilla like his best friend yet he doesn\u2019t follow him <\/p>\n<p>\u2014 Youssof Altoukhi (@Youssofal_) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Youssofal_\/status\/1613999594630795264?ref_src=twsrc%5Etfw\">January 13, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/logan-paul-unveils-1-3m-cryptozoo-recovery-plan\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Logan Paul unveils $1.5M CryptoZoo recovery plan &#8220; YouTuber Logan Paul has unveiled a $1.5 million recovery plan for the people who invested in his beleaguered NFT project CryptoZoo. Announcing the move in a video shared via Twitter on Jan. 13, Paul reiterated that he is no longer looking to sue fellow YouTuber Coffeezilla&#8230;<\/p>\n","protected":false},"author":1,"featured_media":539294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/b340645a-5c1c-457e-b960-3a7581a67801.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[91083,95118,125601,117,80,49],"class_list":["post-539293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain-game","tag-nft","tag-play-to-earn","tag-business","tag-games","tag-youtube"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/539293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=539293"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/539293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/539294"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=539293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=539293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=539293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}