I just woke up and saw the ongoing debate about secondary royalties again. Basically, everyone wants "free trading" but also wants "creators to make a living," and neither side is willing to compromise. When I analyze the agreement myself, I always feel: if royalties can only be enforced through moral constraints, it's like making a wish; but relying solely on contractual enforcement can choke liquidity, turning it into a small circle where only big players can operate.

Recently, the repeated mention of staking unlocks and token unlock schedules has caused some anxiety about selling pressure, which is also a bit like: everyone is watching the timetable to see who will sell first, and creators' income is being driven by market sentiment. Anyway, I now tend to think of "royalties" as an optional service fee rather than a default tax. Whether creators can get paid might depend on other mechanisms (subscriptions, tickets, whitelists...). For now, that's it. I'll keep observing and not take writing ideals into contracts as a guarantee.