Paul Logan’s new NFT project

After the criticism of his earlier undertaking, 27-year-old American YouTuber Paul Logan launches a brand new NFT undertaking: 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 undertaking, however the undertaking appears to have acquired a somewhat lukewarm response from customers who’re nonetheless reeling from the failure of his earlier NFTs, initially Crypto Zoo.

The undertaking represented a sequence of hybrid animal NFTs launched in August 2021 that imploded at launch and left traders who had believed in it with primarily nothing.

Some had thought it was a sequence of scams. Some traders allegedly misplaced a whole bunch of hundreds of {dollars} within the undertaking and the opening created amounted to greater than $5 million in accordance with some calculations.

Paul Logan turned well-known within the NFT world for the unbelievable earnings he allegedly made by shopping for a few of them available on the market, as he admitted:

“Wakened this morning to see my [World of Women NFT] bought for 200 Eth ($765k). $535k revenue. Usually I’d say in all probability nothing however that is in all probability one thing”.

speechless once more

awakened this morning to see my @worldofwomennft bought for 200 Eth ($765k) to @thesandboxgame

$535k revenue. usually id say in all probability nothing however that is in all probability 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. Actually, he has typically commented on social media about his superb earnings from the sale of the NFTs he has bought. 

Now with this new undertaking, he intends to make up for previous dangerous experiences by creating a brand new assortment referred to as 99 Originals. It has additionally been heralded as a redemption undertaking of kinds for Paul, following his earlier promotion of a miserably failed shitcoin undertaking referred to as Dink Doink.

Paul introduced in an interview with The Block on 12 April on the official launch of the brand new NFT undertaking: 

“We bought ourselves concerned with the fallacious individuals who made some errors and blunders and we’ve got an ideal staff now which can be nonetheless engaged on it”.

Who is aware of if that was truly 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 the complete sector.