#空投操作全指南 O'Neal spent 11 million dollars to address issues with NFTs; this is not a display of conscience, but rather fear of even greater problems.
Do you think this is just ‘standard protection of rights in case of NFT project failure’?
Wrong, behind this lies a combination of star support + Web3, which exploits investors + potential liability for securities.
Where's the insight?
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’s a deep connection.
2. The project’s white paper, community promotion entirely depends on the ‘O'Neal brand’. He promised to ‘create a brand empire in the metaverse’, resulting in the project peaking at launch and then almost not updating, 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 ‘marketing shield’ into a ‘responsible person’.
Judicial approval of the deal is actually an attempt by O'Neal's team to minimize losses:
If it drags on, perhaps the securities regulators will also take an interest.
This case could become a precedent for celebrity liability in Web3.