These days, I see the secondary market arguing about royalties, basically: creators want ongoing revenue sharing, traders want cheaper and more free... I feel awkward watching the K-line in the middle. Royalties are like a moving average line, holding onto the narrative when attached, but releasing volume and selling pressure when detached; but forcing them hard can also drive away liquidity, leaving only a "self-entertainment market." Not to mention some platforms shouting about creator economy while also pushing new L1/L2 incentives to boost TVL, with old users complaining about mining, claiming profits, and selling—sounds quite rhyming: mine to profit, profit to sell, and then who to blame? Anyway, I now care more about: are there real fans, is there continuous content, otherwise no matter how beautiful the royalty terms are, it just feels like a fake breakout. That's all for now... I don't know either, just watch and see gradually.

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