A boxing match between Logan Paul and Dillon Danis scheduled for October 14 could result in a $300,000 cash payout to Paul's NFT holder.
The "Who Am I" NFT is the 19th token in a series of 99 Logan Paul NFTs that will be released in 2022. The slogan for this collection is that holders receive 1% of the net proceeds from Logan Paul's next match.
An NFT holder named Adum Mulz purchased the tokens in June 2022 for 40.25 ETH, which was worth approximately $43,500 at the time and worth $64,000 today.
Multz expects Logan Paul to earn between $10 million and $30 million from the match, with his compensation expected to range from $100,000 to $300,000.
Logan Paul also promised that the $2 million Originals DAO collective fund would receive 1% of net profits.
However, given Paul's past actions in the NFT sector, Merz may have to temper his expectations: In 2021, Logan Paul launched the CryptoZoo project, and crypto detective Coffeezilla took millions of dollars from ZOO token holders.
It says. A lawsuit filed in February on behalf of the owners of CryptoZoo alleged that the NFT project was just a front for stealing money.
A wave of negativity forced Pavel to promise to return $1.8 million to the owners of CryptoZoo in January 2023. They are still waiting for a refund.
