Recently, there has been more talk about royalties in the secondary market. To put it simply, everyone wants free trading, but creators also need to make a living. However, once royalties become "optional," many project teams claim to support creators but are actually following the same path as new L1/L2 projects to pull TVL: once incentives start, they mine, pump, and sell, leaving behind a cold and empty scene, and ultimately relying on emotional sentiment to take over.

This on-chain setup is a bit like a stall downstairs in a neighborhood: you make the stall owner pay for promotion and rent, and they can be kicked out at any time. They will definitely become more short-term focused; but if you force a cut on every transaction, passersby will also avoid it. Anyway, right now, when I look at NFT/creator economy, I first consider whether the "cash flow can be self-sustaining," and don't expect market conscience. Surviving is more important than narratives.