Guest, Who Spent $300,000 to Be On ImPaulsive, Tells Logan Paul How He Lost a $65 Million Company Overnight
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On June 4th Logan Paul announced that he would be auctioning his #40 Original NFT, the #404 error and one of its perks was that the buyer of the NFT will get a chance to appear in Paul’s podcast, Impaulsive.
#40 4 ERROR
Perks:
– Holder to appear as guest on the IMPAULSIVE podcast🚨 24h Auction LIVE now🚨 exclusively on https://t.co/IdYW6OdBhp pic.twitter.com/6IRS3aY2rJ
— OriginalsDAO (@OriginalsDAO) June 3, 2022
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However, what Paul did not expect was that it would sell for 165 Ethereum or $300,000 in the auction, and the person who bought the NFT was none other than entrepreneur and social media personality Dan Fleyshman. After his extremely pricey purchase, he was given the privilege to join The Maverick on Impaulsive where he went on to share a story of how he lost a company worth $65 million overnight.
Fleyshman shares the story of how he lost his company
During the podcast, Paul asked Fleyshman to give a little background about his profession and how he made “so much money” after which Fleyshman revealed that he worked with social media personality and professional poker player Dan Bilzerian to form an online poker company.
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“I sold energy drinks to 55,000 retail stores, so that was the first 10 years of my career. Then I started a poker site with Dan Bilzerian and DJ Steve Aoki back in 2008,9,10. Built the top 5 Poker sites on the planet,” he said.
He then went on to reveal that the site was shut down after poker was banned from the United States. “And boom poker gets shut down in America lose a 65 million dollar company overnight,” he added.
YouTuber Logan Paul Grieves $623,000 Loss
However, he stated that this was the best thing to have happened to him and that it was the start of a new professional journey for the entrepreneur.
The 99 Originals project by Logan Paul
The 99 Originals project is Paul’s latest NFT venture, where the Youtuber will auction 99 polaroids in the form of NFT tokens with other perks also given to the owners. The Maverick seems to consider this project very close to his heart and has referred to it as his ‘artistic journey’. This venture has been a great success for Paul, with many celebrities and social media personalities, including Mike Tyson, The Mountain, and others being featured.
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Original #1 officially sells for 25 Eth ($60k USD) and we have our first member of the @OriginalsDAO 🥲
$60k will be donated to Ukraine War relief efforts!! What an amazing launch! pic.twitter.com/koNgQh8i2O
— OriginalsDAO (@OriginalsDAO) May 10, 2022
Notably, the collection’s first piece was up for auction on 9th May and included a polaroid picture of Beeple standing beside his HUMAN_ONE NFT; the polaroid was sold for $60000 kick-starting the rise of this project.
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What did you think about Paul’s guest spending $300,000 to be on Impaulsive? Let us know in the comments.
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