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CryptoZoo NFT Investors Set to Reclaim Investments, ZOO Holders Excluded

Published 01/05/2024, 10:40 PM
Updated 01/05/2024, 10:45 PM
CryptoZoo NFT Investors Set to Reclaim Investments, ZOO Holders Excluded

  • Despite a $400K investment, CryptoZoo will not be released due to regulatory hurdles.

  • Logan Paul announces a buy-back program for CryptoZoo NFTs, aiming to refund investors.

  • The buy-back excludes ZOO tokens, emphasizing it is not for compensating crypto market losses.

Renowned YouTuber and influencer Logan Paul has announced a buy-back program aimed at refunding investors of the ill-fated CryptoZoo NFT game. The program comes almost a year after Paul announced CryptoZoo’s recovery plan.

According to Paul, “This buy-back is a way for me to make whole those who intended to play CryptoZoo.” However, the Ethereum-based ZOO token associated with the project is explicitly excluded from the program, with Paul stating, “The buy-back is not intended to compensate those who gambled on the crypto market and lost.”

Paul clarified that ZOO tokens were initially created to support the CryptoZoo game and its players, explicitly stating that they were “not intended as an investment vehicle,” as outlined in the project’s original whitepaper.

The post CryptoZoo NFT Investors Set to Reclaim Investments, ZOO Holders Excluded appeared first on Coin Edition.

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