Recently, I’ve again been seeing the secondary-market royalty disputes explode. Put simply, everyone wants smoother trades and fewer deductions, but on the creator side too, they genuinely rely on this “breathing room” to keep going. The more I look, the more I feel that the royalty issue isn’t as simple as “whether it should be charged”—it’s more like agreements and the market are fighting over the last word on interpretation: what you write on-chain does not necessarily get automatically recognized by the trading side; in the end, whoever has more traffic gets to decide.

What I need to be reminded of is this: don’t think of the “creator economy” as something naturally righteous that will just take off on its own. Just like a cross-chain bridge—if you’re missing one piece of the puzzle (the execution layer, the market party, the aggregator, community consensus), it will leak air. You usually can’t notice it in normal times, but once the market swings, everything gets exposed.

By the way, recently the testnet incentive programs and the points system have been heating up again, and everyone is speculating whether the mainnet will issue tokens... Once that kind of expectation gets too hot, the royalty discussion is even easier to twist: it’s no longer about long-term allocation, but about calculating whether you can grab a bit more in the short term. Anyway, I’ll first pull my hands back, chase fewer hot topics, and watch more closely where the rules actually end up landing.