Recently, the NFT community has been arguing again about royalties, basically "creators need to make a living" versus "secondary sales need liquidity," and they see each other as obstacles. But I find the market more straightforward: no matter how good the floor price looks, if the depth is thin, a sudden quick sale can break through the floor, leaving only screenshots of self-comfort.

I don't take a side on royalties; in the end, liquidity is what pays the bill. If royalties are high, routes will be complicated, increasing transaction costs, and those who really want to sell will just go to the cheapest place to dump; if royalties are completely waived, the narrative becomes "the project team doesn't care," and the community's temperature drops, listings become like fridge stickers. The "hotness" of NFTs is often just loud chatter in group chats, but on-chain... it's quite honest.