Recently, there has been more discussion about secondary market royalties, with claims that creators can't make a living and platforms are too shady. To put it simply, don't treat royalties like wages; they are more like tips that say "Are you willing to give face?" If the market doesn't buy it, no matter how much you include in the contract, people will find ways to bypass and transact elsewhere. The only two things you can control are: whether the work/content itself is worth repeated viewing, and whether your relationship with fans has reached the point of "I'm willing to pay a little more."

Social mining, fan tokens, that set of "attention as mining" makes me cautious: attention is the most unstable asset. Today, they follow you; tomorrow, they chase someone else. Using it as cash flow can easily lead to a mentality that spirals out of control, like leverage, which can break people.

I see complexity as an enemy: don't design ten-layer incentives. First, think clearly—without sustained value, any royalties/tokens are just self-comfort. That's all for now.