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Recently, there's been a debate about whether secondary markets should be forced to pay royalties. Honestly, everyone just wants to save that little friction cost, but also wants creators to keep producing... I’m not romantic about governance; if there’s no incentive, don’t expect people to generate value. But relying on "moral royalties" is almost like expecting traders to voluntarily tip—difficult.
Last night, I checked on-chain, and an NFT was listed at 0.38 on a certain aggregator. The next transaction routed to another marketplace and cut the royalty to 0, yet the trade still went through quickly. No matter how beautiful the rules are written, if enforcement isn’t strong, it’s just decoration.
Moreover, now with cross-chain bridge thefts and oracle glitches happening, everyone immediately switches to a "wait for confirmation" mode: don’t move first, don’t buy in yet, watch the trend. Royalties are the same—markets only trust enforceable constraints, not verbal promises. Anyway, I only vote based on who can make incentives and punishments concrete; otherwise, I’ll just watch the show. That’s how it is for now.