Crypto Zoo’s Derived NFT Game, Degen Zoo, Enrolls 115K Wallets

Degen Zoo, an NFT recreation modeled on the failed Crypto Zoo mission by Logan Paul, is flourishing with over 115 wallets registered to hitch the sport in just below 30 days of improvement. This success comes after the YouTube influencer allegedly rugged Crypto Zoo, citing the necessity for a number of years and thousands and thousands of {dollars} of funding required to develop the mission. However what was Crypto Zoo all about?

What’s Crypto Zoo?

In August 2021, Logan Paul began utilizing his huge on-line following to promote Crypto Zoo. Paul described it as “a extremely enjoyable recreation that makes you cash.” Impressed by Axie Infinity, patrons may purchase NFTs to breed unique animals that provided completely different yields within the recreation’s ZOO token. The project minted out 10,000 NFTs for an approximate whole of $4m.

As time went on, improvement stalled and the sport by no means truly got here out. The ground of the gathering at present sits at .065 eth.

One other media persona and self-described rip-off detective, Coffeezilla, revealed a 3-part expose on YouTube concerning the mission in late 2022. Coffeezilla accused Paul of utilizing his platform to take advantage of his followers. Paul responded by promising to refund proceeds from the mission. He once more blamed the mission’s failure on huge quantities of money and time required to provide the sport.

On Joe Rogan’s podcast this week, nonetheless, Coffeezilla acknowledged that Logan Paul has not refunded any of the cash but.

What’s Degen Zoo

As a troll of Logan Paul, Cristoph Zaknum got down to construct a recreation modeled on Crypto Zoo’s idea in simply 30 days. In Degen Zoo, gamers burn NFTs of 120 completely different endangered species for monetary acquire to simulate capitalism’s affect on animal extinction. It’s a posh recreation, nonetheless in a testomony to Zaknum’s skill as a Web3 builder, he completed his objective. He managed to publish Degen Zoo to testnet hours earlier than the 30 day deadline.

Throughout improvement, Zaknum posted day by day updates of his progress and raised over $700m in pledges from over 115k distinctive wallets. The cherry on high although was Zaknum’s promise to donate all proceeds from Degen Zoo to assist defend endangered species, a stark distinction to the YouTube star’s refusal to refund the cash he gained from Crypto Zoo.

Oftentimes, we’re reminded that celebrities are right here to take from Web3. They arrive, extract worth, and depart.  Logan Paul suits this sample together with his failed Crypto Zoo mission. By donating the proceeds of Degen Zoo to charity, Cristoph Zaknum personifies precisely who we ought to be supporting as a neighborhood as a substitute.