Recently, I've come across a bunch of PFPs doing memberships and collaborations, all sounding pretty good, but what I care more about now is: is there really buying and selling back and forth inside? To put it simply, the narrative can be very beautiful, but without liquidity, it's like an exhibition with no one walking in... I also love the fragmented collection aspect of on-chain art, but treating "profile pictures = identity" as long-term value is a bit dependent on whether the team continues to operate and whether the community has spontaneous secondary creation and consumption scenarios. Meme and celebrity shoutouts, this wave of attention rotation is too fast, veteran players advise newcomers not to take the last step—I truly agree. It's lively, but in the end, it still comes down to who is willing to pay the price. Anyway, I now prefer to slowly pick up what I like with small amounts, rather than forcing myself into the "membership feeling."

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