When the NFT craze hit its peak last year, Logan Paul was one of the earliest celebrities to jump headlong into the scene. The YouTuber and boxer not only invested in a range of blue-chip NFTs but went on to release his own NFT collection and a marketplace. Unfortunately, his NFT portfolio took a hit, as was the case with many celebrities and their NFT investments.\u00a0<\/span><\/p>\n \u00a0<\/p>\n To give one example, the \u2018Bumblebee\u2019 0n1Force NFT Paul bought for a whopping $623,000 in 2021 was reportedly worth only $10 late last month. At the time of writing, however, the NFT was worth around $10,000, according to <\/span>DappRadar<\/span> estimations. To be sure, several other celebrities, including Steve Aoki, saw their portfolio values plummet. The primary reason for this fall is the crypto winter, which dragged the NFT market with it.\u00a0<\/span><\/p>\n In the meantime, what happened to Logan Paul\u2019s NFT collection and his marketplace? How much is his NFT portfolio worth now? We\u2019ll answer all these questions and more in this article.\u00a0<\/span><\/p>\n First and foremost, Logan Paul is an avid Pok\u00e9mon card collector\u2014a habit he began in August 2020, thanks to Gary Vaynerchuk. Later, it was Gary again who prompted him to get into the NFT space.<\/span><\/p>\n \u201cI spent half a million dollars on CryptoPunks because Gary Vee called me and told me that it would be the next Facebook,\u201d Paul told <\/span>Forbes<\/span> in a 2021 interview.\u00a0<\/span><\/p>\n In December 2021, Logan Paul revealed that he <\/span>spent a whopping $2.645 million<\/span> in 2021 on 139 NFTs from 16 collections. One of the first NFTs he bought was from the World of Women NFT collection. While one of them cost him around $160,000, another was worth about $170,000. What\u2019s more, in August last year, he also spent $155,000 on two rock NFTs.\u00a0<\/span><\/p>\n To be sure, Paul\u2019s initial NFT investments came at a time some of these assets were selling for millions of dollars, if not more. In fact, according to <\/span>reports<\/span>, overall NFT sales amounted to $25 billion in 2021. In short, Paul was doing what every NFT enthusiast with money was doing: spend hundreds of thousands on seemingly positive NFTs hoping for substantial returns.\u00a0<\/span><\/p>\n Amid this, starting his own NFT collection was the natural next step for the YouTuber\u2014enter CryptoZoo.<\/span><\/p>\n As a Pok\u00e9mon fan, Logan Paul had long wanted to see a \u201cPok\u00e9mon fusion game\u201d in action. This wish, combined with his interest in NFTs, led to the founding of CryptoZoo. Essentially, this is a blockchain game where players could collect, breed, and sell NFT eggs.\u00a0<\/span><\/p>\n While the initial collection dropped (and instantly sold out) on September 3, 2021, his <\/span>fans were disappointed<\/span>. Transactions failed, many lost hefty sums in gas fees, and the mint was rife with bots.\u00a0<\/span><\/p>\n Well, this was just the beginning. Soon after launch, NFT detective Coffeezilla revealed that the artwork for the animals in the game was edited Photoshop stock images. Further, some of the investors lost seven-figure sums and were not reimbursed. Long story short, the project failed, with many, including NFT influencer, ZachXBT calling it a rug pull.\u00a0<\/span><\/p>\n Early this year, however, Paul claimed in an <\/span>interview<\/span> that he was new to the space and got \u201cinvolved with the wrong people who made some errors and blunders.\u201d Apparently, the project was set to move forwards with a \u201cgreat team\u201d, while Paul focused on his new project\u201499 Originals.\u00a0<\/span><\/p>\n Cut to April 2022, Logan Paul launched <\/span>99 Originals<\/span>, a new NFT collection and DAO. In a nutshell, the collection features 99 photos he took over 99 days through a Polaroid while travelling 84,029 miles across the globe. In short, the exclusive collection includes just 99 one-of-one NFTs. For this reason, each NFT holder gets to enjoy a range of benefits, including an original, real-life copy of the polaroid. They also get access to the 99 Originals DAO and voting rights.\u00a0<\/span><\/p>\n Notably, some perks are NFT-specific. For instance, the holder of NFT #8 gets a CryptoPunk #6762 necklace after holding it for 99 consecutive days. On the other hand, #16 holder can pick the colour of the boxer\u2019s Robe and Shorts for the next fight. They can even walk with Paul to his next fight!<\/span><\/p>\n Paul auctioned one NFT daily on <\/span>Originals<\/span>, with each auction running for 24 hours. Despite Paul\u2019s previous history with NFTs and the crypto market crash, his 99 Originals did surprisingly well. For example, #14 42 Bored Ape fetched around $104,000 at the time. #1, meanwhile, sold for about $58,000. Late in May, #76 Life and Death went for $60,000.<\/span><\/p>\n While 49% of the sales proceeds went to Paul, 50% was sent to the treasury for holders to spend as they please. To be sure, the DAO was set up to buy digital assets, fund members\u2019 creative projects, provide access to events, and support independent artists, to name a few. The last 1% of funds was allocated to Logan Paul\u2019s Pok\u00e9mon NFT holders.\u00a0<\/span><\/p>\n The first phase of the project ended on September 21, with Logan promising to deploy the funds for various charities. To be sure, that was the last update from Originals\u2019 official Twitter account. So, how is the collection performing now? According to <\/span>OpenSea analytics<\/span>, the collection\u2019s floor fell in September, going down as low as 15.29 ETH on October 17. However, there was a sudden spike, followed by a steep fall the following week, with the floor remaining 32 ETH at the time of writing.\u00a0<\/span><\/p>\n As of now, we are unsure if Paul delivered on his many promises. It is also uncertain how the project will function in the coming weeks and months. However, one thing is for certain\u201499 Originals did extremely well under the circumstances. Paul seemingly made the right decision by dropping a limited collection that his fans loved. But how it performs in the future remains to be seen.\u00a0<\/span><\/p>\n While Logan Paul\u2019s 99 Originals and Liquid marketplace is braving the storm, the value of his NFT portfolio has significantly fallen. While he spent over $2.5 million on NFTs last year, today, his <\/span>NFT portfolio<\/span> is only worth a little over $1 million. In fact, in May, Paul admitted he lost $500,000 in the crypto crash. He was also warned by the consumer watchdog group, Truth in Advertising, for shilling NFTs.\u00a0<\/span><\/p>\n Today, in Paul\u2019s wallet, the top three most expensive NFTs are all CryptoPunks. Their current market prices range from $443,000 to $133,000, at the time of writing. Some of the other top NFT collections in his portfolio include 99 Originals, VeeFriends, Otherdeeds, and <\/span>Tom Sachs Rocket Factory<\/span>.<\/span><\/p>\n Having said that, it\u2019s important to note that <\/span>DappRadar has a controversial history<\/span> of overvaluing NFTs. As there\u2019s currently no standard to value NFTs, it\u2019s difficult to ascertain what exactly Logan Paul\u2019s NFT portfolio is worth today. On the other hand, early this month, Nansen estimated the wallet\u2019s value to be about $515,000.\u00a0<\/span><\/p>\n![\"Logan](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/10\/95-BREAKING-POINT-scaled.jpg.webp)
\n<\/picture>\n<\/noscript>Logan Paul\u2019s NFT journey: The initial days<\/b><\/span><\/h2>\n
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\n<\/picture>\n<\/noscript>CryptoZoo: About Logan Paul NFT<\/b><\/span><\/h2>\n
What is Logan Paul\u2019s 99 Originals?<\/b><\/span><\/h2>\n
How much is Logan Paul\u2019s NFT worth?<\/b><\/span><\/h2>\n
![\"Logan](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/10\/Logan-Paul.jpeg-scaled.webp\")
![\"Logan](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/10\/NFT-portfolio-scaled.jpg.webp)
\n<\/picture>\n<\/noscript>Logan Paul\u2019s NFT portfolio: What\u2019s in his wallet today?<\/b><\/span><\/h2>\n