Lately, I've been looking into creator economy issues, and the secondary market royalties are causing a fuss again. To put it simply, buying and selling happen on the chain, and the rules are written into the smart contract, but once the platform introduces an "optional non-payment" feature, people start voting with their feet. Creators can't get cash flow, and their works become more like transferable chips. Conversely, forcing royalties can also drive away liquidity; when market sentiment cools, order books thin out.

In the group, people keep discussing stablecoin regulation, reserve audits, and de-pegging rumors. When emotions run high, everyone looks for "certainty." I personally focus more on the evidence chain: how the contract is written, whether the royalty address has received payments, whether funds have flowed from exchanges into those specific wallets... First, align cash flow and incentives, then talk about ideals; otherwise, it's just lip service.