The potential passage of the Clarity Act may have a profound impact on the Crypto Assets ecosystem. If the act is approved, it could present a range of new opportunities and challenges for the project party and investors.

First, for those project parties involved in improper conduct, investors may receive greater legal protection. For instance, if the project party is found to be engaging in insider trading or market manipulation, investors can file a complaint with the Securities and Exchange Commission (SEC), which may result in the relevant project being considered as having securities attributes.

Secondly, in order to adapt to the new regulatory environment, some project parties may adopt innovative methods to maintain compliance. One possible strategy is to distribute tokens through an airdrop mechanism, which could become a way to evade SEC regulation.

Interestingly, certain types of airdrop activities may not only become legalized but also encouraged by regulatory agencies. This means that users participating in these activities may not only face no legal risks but may also receive support from regulatory agencies when encountering issues.

This potential regulatory change could fundamentally alter the game rules in the Crypto Assets sector. It may provide more protection for ordinary investors while also prompting the project party to adopt more transparent and responsible operating methods. However, this could also bring new challenges, such as how projects can meet compliance requirements while maintaining innovation.

Overall, if the Clarity Act comes to fruition, the Crypto Assets ecosystem may enter a new era, where compliance and investor protection become core concerns. This could lead to a reshuffling of the entire industry, but it may also open up new avenues for responsible innovation.