After the criticism of his earlier challenge, 27-year-old American YouTuber Paul Logan launches a brand new NFT challenge: 99 Originals.
Paul Logan’s new NFT assortment: 99 Originals
The NFT # 14 “Bored Ape” from the 99 Originals assortment
The younger, British-born American YouTuber Paul Logan, with over 7 million followers, has launched a brand new NFT challenge, however the challenge appears to have acquired a relatively lukewarm response from customers who’re nonetheless reeling from the failure of his earlier NFTs, initially Crypto Zoo.
The challenge represented a sequence of hybrid animal NFTs launched in August 2021 that imploded at launch and left buyers who had believed in it with basically nothing.
Some had thought it was a sequence of scams. Some buyers allegedly misplaced a whole lot of hundreds of {dollars} within the challenge and the outlet created amounted to greater than $5 million based on some calculations.
Paul Logan turned well-known within the NFT world for the unbelievable income he allegedly made by shopping for a few of them in the marketplace, as he admitted:
“Awakened this morning to see my [World of Women NFT] bought for 200 Eth ($765k). $535k revenue. Usually I’d say most likely nothing however that is most likely one thing”.
speechless once more
wakened this morning to see my @worldofwomennft bought for 200 Eth ($765k) to @thesandboxgame
$535k revenue. usually id say most likely nothing however that is most likely one thing 🤯 pic.twitter.com/JJytuWzOa8
— Logan Paul (@LoganPaul) January 5, 2022
Paul Logan’s investments within the NFT world
Logan went on to disclose in December 2021 that he had spent round $2.6 million on varied items of digital artwork all year long, however all from an funding perspective. In reality, he has typically commented on social media about his wonderful earnings from the sale of the NFTs he has bought.
Now with this new challenge, he intends to make up for previous dangerous experiences by creating a brand new assortment known as 99 Originals. It has additionally been heralded as a redemption challenge of types for Paul, following his earlier promotion of a miserably failed shitcoin challenge known as Dink Doink.
Paul introduced in an interview with The Block on 12 April on the official launch of the brand new NFT challenge:
“We received ourselves concerned with the incorrect individuals who made some errors and blunders and we have now an awesome crew now which are nonetheless engaged on it”.
Who is aware of if that was really the reason for the YouTuber’s failures. The actual fact stays that the NFT market, after an actual growth in 2021, has slowed down significantly within the early months of 2022. Definitely considerably physiological, but additionally led to by sure initiatives that had been deemed unreliable and never credible, which led to a insecurity in your complete sector.
