A couple of days ago, I saw someone arguing about whether creators should receive royalties in the secondary market. My first reaction wasn't to pick a side; I was a bit indifferent: frankly, royalties are like "voluntary tips" or "mandatory deductions," and market sentiment can easily distort that. It's more obvious in a bear market—everyone is trying to save every penny, supporting creators verbally, and it's quite easy to just click "0 royalties."

What's even funnier is that when a certain mainstream public chain was about to upgrade/maintain, the group started speculating whether the ecosystem would migrate, with a bunch of short essays about NFT/tools "preparing to run away." I looked at the contract terms and market rules, and the more I read, the more confused I got. In the end, I just thought: if you don't understand it, don't move first. The next day, the trend shifted again, and people were still arguing about the same thing.

Anyway, my current thought is: whether the creator economy can take off doesn't depend on how good the slogans sound, but whether the rules can withstand both bull and bear markets. Otherwise, it's just a shell—tear it open, and all that's left are emotions. That's all for now.