I only remember one sentence when taking notes: The liquidity of NFTs basically depends on whether the floor price dares to be bought, whether royalties are willing to be paid, whether the narrative is hot enough to keep people engaged — now, with airdrop season, task platforms are anti-witch, and points systems have turned the grifters into workers, everyone's attention has been pulled away, when the narrative cools down, the floor becomes soft, and royalties become the first cut. I, who have been educated by leverage, won't pretend anymore; I'd rather buy less than gamble on the "community suddenly catching fire."

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