#AirdropSafetyGuide O'Neal spent 11 million dollars to address issues with NFTs, this is not a display of conscience, but fear of even bigger problems.
Do you think this is just a "normal protection of rights in case of an NFT project failure"?
Wrong, in fact, it involves a combination of star support + Web3 that exploits investors + potential liability for securities.
Where's the insight?
1. The Astrals project not only uses O'Neal's IP, but his son also participated in its development. This is not "advertising" — it is a deep connection.
2. The project's white paper and community engagement entirely depend on the "O'Neal brand." He promised to "create a brand empire in the metaverse," resulting in the project reaching its peak since launch, but then it was almost never updated, leaving the community unsupported.
3. The worst part is that the only source of trust for investors is O'Neal. This turns him from a "promotional shield" into a "responsible party."
Judicial approval of the deal is actually an attempt by O'Neal's team to minimize losses:
If delayed, perhaps the securities regulators will also become interested.
This case could set a precedent for celebrity accountability in Web3.