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Failure is an indicator for investors YouTube blogger Logan P | Crypto for Dummies

Failure is an indicator for investors

YouTube blogger Logan Paul announced that he was launching a new NFT project, "99 Originals."

This announcement was met with disapproval and criticism from the crypto community. Many investors didn't like the idea of another "Logan Paul project," writes NFT New Today.

The flood of negative reactions to the launch announcement was expected because of the failure of the famous NFT CryptoZoo: the project was launched in August 2021 and included NFT eggs from which the owners were to breed hybrid animals.

The project was billed as "an autonomous ecosystem in which players could collect, breed, and trade hybrid animals."

But unfortunately, it failed, and the investors incurred substantial losses.