What is cryptozoo & how does it work?

What is Cryptozoo? Cryptozoo, which officially released in 2021, was intended to be an NFT-based play-to-earn game. People could purchase a cryptocurrency used in the game and buy eggs with them. After buying eggs, they could choose to hatch those eggs creating an image of an animal, and different animals could be used to breed hybrid animals.

What is Logan Paul's cryptozoo project?

Logan Paul has described his new project, Cryptozoo, as an autonomous ecosystem where zoo owners can breed, collect, and trade exotic hybrid animals as NFTs (non-fungible tokens). Cryptozoo claims that it will allow its users to make hybrid NFT animals that can yield tokens and in return, yield them profit.

Was cryptozoo a bad project?

As Coffeezilla’s videos show, there were numerous people that invested in the Cryptozoo project and have effectively lost their money doing so. The videos also include reporting that suggests members of the project could have been bad actors including Eddie Ibanez and Jake Greenbaum.

What is a cryptozoa animal?

Cryptozoa is the collective name for small animals who live in darkness and under conditions of high relative humidity, as in the wet soil underneath rocks, decomposing tree bark etc. Examples include pseudoscorpions, slugs, centipedes and earwigs.