#MarketRebound O'Neal spent 11 million dollars to resolve issues with NFTs; this is not a show of conscience, but fear of even bigger problems.
Do you think this is just "normal protection of rights in case of an NFT project failure"?
Wrong, in fact, this is a combination of star support + Web3, which exploits investors + potential liability for securities.
Where is the insider?
1. The Astrals project not only uses O'Neal's IP, but his son was also involved in the development. This is not "advertising" — it is a deep connection.
2. The project's white paper and community promotion completely depend on "O'Neal's brand". He promised to "create a brand empire in the metaverse," resulting in the project peaking since launch, and then almost not being updated, leaving the community unsupported.
3. The worst part is that the only source of trust for investors is O'Neal. This transforms him from a "promotional shield" into a "responsible party".
The court's approval of the agreement is actually an attempt by O'Neal's team to minimize losses:
If delayed, perhaps the securities regulators will also take an interest.
This case could become a landmark for celebrity accountability in Web3.