YouTuber Logan Paul Offers Refunds for CryptoZoo NFT Game
YouTuber Logan Paul is giving refunds for the unreleased CryptoZoo NFT game, but only at his discretion and with certain conditions. The game was meant to be a play-to-earn game where players could trade animal NFTs with cryptocurrency. Paul announced on Twitter that he will buy back Base Egg and Base Animal CryptoZoo NFTs for their original purchase price. However, the buy-back program does not include Hybrid animal NFTs. Paul claims that the game was sabotaged by bad actors who stole money from it, and he has filed a lawsuit against the lead developers of CryptoZoo.
0.1 ETH per NFT
The buy-back process is happening at EGGNFTBUYBACK.COM, and claimants can submit their NFTs until February 8. After the submission window closes, eligible NFT owners will receive 0.1 ETH per NFT. The current value of 0.1 ETH is $224. Claimants must provide Know Your Customer (KYC) information and details about their NFTs and wallet addresses. They are also required to keep their NFTs in the provided addresses and not move them for any reason.
Can’t Sue Logan Paul
Before submitting their information, claimants must agree to the terms and conditions, which state that they waive any claims against Logan Paul or anyone associated with him regarding CryptoZoo. This means they cannot seek any monetary or equitable relief related to the game. The buy-back does not constitute an admission of legal entitlement or responsibility by Paul.
Hot Take: CryptoZoo Investors Finally Get Refunds Promised by Logan Paul
YouTuber Logan Paul has fulfilled his promise to offer refunds to investors of the unreleased CryptoZoo NFT game. The buy-back program allows eligible NFT owners to receive 0.1 ETH per NFT, totaling over $2.3 million. However, Paul retains the sole discretion to determine which NFTs are eligible for the buy-back. The game, which was intended to be a play-to-earn experience, was allegedly sabotaged by bad actors who stole money from it. Despite the setback, Paul is taking responsibility and compensating those who intended to play CryptoZoo. This move demonstrates his commitment to addressing the concerns of his community and rectifying any losses they may have incurred.
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