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Recently, I've seen people arguing about whether secondary markets should enforce royalties or not.
Honestly, creators want ongoing revenue sharing, but the market just says, "I provide liquidity, I make the rules."
As a long-time user of cross-chain bridges, I've seen liquidity migrate, and the rules change instantly.
Yesterday, it was about sentiment; today, it's all about fees and slippage...
If royalties are enforced through moral pressure, in the end, most likely you'll win the argument but lose the trades.
More practically: whether royalties can be collected depends on whether trading platforms are willing to cooperate, whether wallets/aggregators can bypass restrictions, and whether the original smart contract has hardcoded limitations.
Hardcoding isn't foolproof—people can find loopholes through cross-chain bridges, splitting orders, OTC trades, and so on.
In the end, creators don't get paid, and it also worsens the floor liquidity, which is really frustrating.
Recently, the wave of memes + celebrity endorsements has shifted attention too quickly.
Newcomers chase the hype and rush in, making them the most likely to end up as the last bag-holder.
Anyway, I’d rather take it slow now, first understand where the rules apply, who is enforcing them, and then decide whether to get involved...
Forget it, I’ll stop here. I’m just waiting for a bridge to confirm.