These days, there's been a lot of talk in the secondary market about royalties. Basically, everyone just wants to "trade more freely," but creators still need to make a living, or else they won't bother creating content or series. On-chain data is actually quite honest: once royalties become optional, many transactions will just choose zero, supporting it in words but doing the opposite in practice... I'm also conflicted; in the short term, when focusing on liquidity, I care more about slippage and execution.



What's more frustrating is that the security environment is also a bit shaky now. Hardware wallets are out of stock, and many people still click on suspicious links. The surge in phishing combined with disputes over royalties means that the ones who end up hurt are the creators and ordinary buyers. Anyway, I now prefer to scan fewer mints and double-check signatures more often. I can't change how royalties are set through voting, so I’d rather keep myself safe first.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin