These days, I saw someone arguing again about whether mandatory royalties should be enforced in the secondary market... The comment section is even more intense than our company's PRD review back then... As I read, I kept thinking that creator economy on the chain is essentially a matter of "who pays, and at which stage," it’s just that it was hidden in platform commissions before, now it’s being spread across the transaction path.

I personally feel a bit cynical: from an incentive perspective, mandatory royalties make sense, but in practice, they can always be bypassed by routing, aggregators, or private deals, ultimately turning into "people who follow the rules pay more." Instead of moral coercion, it’s better to design interactions more honestly: treat royalties as an optional feature + clear indication of where the revenue goes, combined with rights (whitelists, updates, community voting, etc.) to encourage people to pay, rather than enforcing it through strict contracts. By the way, looking at Layer 2, which constantly compares TPS/fees/subsidies, it’s actually the same logic: short-term data stacking, but long-term retention depends on why users stay. That’s all for now, I’m still observing.