The Paradox Metaverse: A Crypto Project That Turned Out to Be a Scam

Promising high returns and gaming innovation, Paradox Metaverse has been exposed as a scam, deceiving both investors and influencers.

The Paradox Metaverse, once marketed as an "AAA-quality, open-world battle royale" built on the Unreal Engine 5, has come under fire as an alleged crypto scam. Launched with much fanfare in 2022, the project quickly gained attention, thanks in part to promotions by influencers, including the controversial involvement of YouTuber IShowSpeed. However, behind the polished marketing, the project raised numerous red flags that have since led to its exposure as a fraudulent operation.

Paradox Metaverse founders, Amio Talio and Faisal Tariq, promised investors astronomical returns—claims that many in the crypto community found to be completely unrealistic. They touted returns of 10x to 100x, which are impossible to guarantee in any legitimate investment. The project's marketing involved extravagant claims and deceptive promotions, such as bringing a Cristiano Ronaldo lookalike to a livestream to boost credibility.

The project was further criticized when YouTuber Coffeezilla, known for exposing crypto scams, investigated the Paradox Metaverse. He identified it as a Ponzi scheme designed to mislead investors. The founders also reportedly resorted to aggressive tactics against critics, including making threats towards individuals who exposed the scam.

Despite its bold promises and initial hype, the Paradox Metaverse failed to deliver on its goals. The token's price plummeted, and investor confidence evaporated as the project's true nature became clear. Paradox Metaverse serves as a cautionary tale about the risks of crypto projects that promise unrealistic returns and rely on flashy, deceptive marketing.

For those considering investing in new crypto projects, it's essential to remain skeptical of any guarantees of massive returns and to thoroughly research the team and the project before committing funds.

photo source / Blockonome