Apparently many celebrities that own non-fungible tokens (NFTs) on OpenSea have direct or indirect ties with backers that invest in the marketplace, a recent investigation conducted by journalist Max Read reveals.

According to the report, at least a few buzzy owners of NFTs from the Bored Ape Yacht Club collection (e.g. Jimmy Fallon, Ashton Kutcher) are represented by Creative Artists Agency (CAA), which participated in OpenSea's series B round that brought the company's valuation at the $1.5 billion mark. However, CAA's stake in OpenSea remains unclear so far.

Chart by Max Read
Chart by Max Read

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The journalist also noted that Ashton Kutcher and his wife Mila Kunis are starring in a TV series called "Stoner Cats," available only for those who own NFTs of their characters on OpenSea. In addition to that, Vitalik Buterin, Co-Founder of the Ethereum blockchain, also was a guest star at the series:

What else are these people keeping from us??

While celebrities are a "natural fit" for the world of Web3, the concept of decentralized Internet isn't really as clear as the community might like or hope, Max Read notes, adding that the current state of affair looks more like a "Ponzi scam," "conspiracy," and "multi-level marketing" mixed in one vial.