Hong Kong Actor Alex Fong Reveals Heavy NFT Losses as Star-Backed Collections Collapse

Celebrity-fronted NFT drops were sold on audience trust as much as on art or utility, and the ZombieClub floor sitting near zero with no 24-hour volume shows that trust converts into no secondary bid once the promotional cycle ends. Fong's admission matters less as a personal anecdote than as a signal that even well-connected buyers lacked an exit, a pattern that echoes through other star-backed collections. The open question is whether this round of losses pushes talent and their audiences toward tokenized assets with clearer cash flows and reporting, or away from the category altogether.