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Recently, I've seen a bunch of people arguing over whether secondary market royalties should be "mandatory" or not, claiming it's about creator economy. But as the discussion goes on, it turns into mutual accusations between buyers and sellers. Frankly, I don't oppose creators making money, but I'm more worried that the rules are written so beautifully that ultimately the execution power is all in the hands of the contract administrators: they can change royalties today, modify the whitelist or withdraw royalty addresses tomorrow, and even move the team wallet at will... that's how the tuition fees are paid.
Now I mainly look at project permissions, whether LP locks are in place, and if the team wallet has a history of being "itchy," with royalties just being one part of the picture. Especially in such extreme fee rate environments, everyone is guessing whether the market will reverse or continue to squeeze the bubble. When emotions run high, the easiest thing to overlook is those few upgrade buttons in the contract.
Anyway, I’d rather buy less than buy and then find out who the "support creators" money actually ends up supporting — as for how royalties should be set, do you think the market will really give an answer on its own?