Its looking for a power supply capable of delivering 1.5A of current.
The CPU in the thing is a QUAD-core Cortex-A55. Specifically, Amlogic S905X3. That's a pretty substantial CPU, so I don't think that 1.5A is that much of overkill. If you look at other tv boxes with the same CPU, you'll also see that they typically include 2A power supplies. In order to ensure that the power supply is capable of this, they are enforcing USB-PD profile 1 compliance.
Now USB-PD requires digital communication between the device and the power supply. If your "OnePlus Dash Charger" is not compliant with USB-PD, or if your "simple powered OTG dongle" blocks the communications, then the TV dongle will assume that you have it plugged into a standard 500 mA power adapter and complain to you about it being insufficient.
Oh, and the SoC itself has a TDP of 5W (1A at 5V). Add a few more parts like RAM and UFS and you can easily draw more than that, plus, you always want your power supply to have some room to spare -- not run it at its limits. That clearly puts you into 1.5A *MINIMUM* territory.
https://gadgetversus.com/processor/amlogic-s905x3-specs/
---------- Post added at 02:23 PM ---------- Previous post was at 02:09 PM ----------
In order to prevent yourself from sounding like a doofus, a "watt" is a unit of POWER. So when you are talking about the adapter, use the words "high-POWER". "wattage" is very awkward.