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Just woke up and checked a few old NFT series floor prices, and it's pretty awkward: the narrative has cooled down, and the listings look like waiting in line for the wind to come. Honestly, liquidity is the key; with fewer buyers, even if royalties are "protecting creators," it just becomes a friction cost. Everyone prefers to flip in zero-royalty markets, claiming to support the community verbally, but their fingers still click on the cheaper options.
By the way, I saw that before and after the main chain upgrade/maintenance, people started guessing again whether the "ecosystem will migrate." I actually think most projects won't run; migration is much harder than tweeting. NFT is the same—if it’s going to heat up, it can’t rely on slogans; it needs someone willing to take over and provide long-term liquidity. In governance meetings, people talk about visions, and I usually listen silently. In the end, I just want to ask: who is actually paying to maintain this market depth? If no one answers, then... forget it.