“Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million.
Degen Zoo is a NFT game inspired by YouTuber Logan Paul's controversial definition of Crypto Zoo. More than 115000 wallets have applied for registration to add the game, with performance pledges exceeding $700m. Christopher Zachnon, founder of Dao Maker, was put to the test to develop a delayed zoo-themed game in just 30 days.
In August 2021, Logan Paul announced a project called Crypto Zoo, which mainly includes the purchase of irreplaceable raw eggs, which should be turned into small animals, so that the host family can make money from the zoo's tokens on the Internet. It is reported that the project raised more than $3 million in NFT sales and secured tens of millions of dollars in zoo tokens. However, the project could not be paid on schedule, which made many participants feel that they had been dragged down by well-known people.
Inspired by Paul's Crypto Zoo game, Christoph Zaknun's "Degen Zoo" game simulates the influence of the bourgeoisie on animal extinction, featuring deflationary tokens and 120 rare animals collected by NFT. The player's motivation is to "kill" his NFT, causing them to perish and raising awareness of the destructive dangers of greed to wildlife. The Zaknun service promises to donate all profits from Degen Zoo to charities.
Zachnon decided to update his work progress every day, which aroused the interest of more than 250000 people, and in the days after the first Testnet was announced, 3000 gamers initiated more than 30, 000 Testnet transactions.
It is reported that Logan Paul released a video saying that Christopher Zachnon did not have the right to ask for the development and design schedule he needed, following accusations that Paul had done nothing for a year after raising money for his new data encryption zoo project.
A few months ago, Coffeezilla released a series of revelations that investigated and revealed Logan Paul's new NFT project, but never.
In the YouTube video, investors in the game claim to have lost hundreds of thousands of dollars. After the release of the Coffeezilla video, Logan Paul threatened to sue Coffeezilla for insulting after he denounced Paul's new CryptoZoo project as a "scam". But soon after, Paul deleted his video reply to Coffeezilla, apologized, and promised to give up the video to mention slandering the threat of litigation, he said:
"this is also reckless and inconsistent with the trust issue at hand, so I called him today to apologize to him."
As reported by Cointelegraph on Feb. 3, Logan Paul and CryptoZoo were sued last month for "pulling blankets" in the "fraudulent expedition" of the YouTube influential man.
The class action accuses Paul and data encryption zoo executives of stealing millions of dollars worth of digital currency from consumers under a fraudulent scheme. The lawsuit was filed on February 2 in East Texas, where the appellant Don Holland accused Paul and senior executives of the data encryption zoo of getting encrypted assets and other benefits but absconding with the money.
Cointelegraph contacted Logan Paul for comment, but had not received all comments at the time of the release.