Recently, there has been more discussion about royalties in the secondary market, basically everyone wants to pay less and get more... I think the hardest part of the creator economy is not "whether to charge" but how to build trust: if you shut down royalties today, can you still expect people to keep updating, building communities, and taking the criticism tomorrow? But from another perspective, traders are not charities either; if liquidity dries up, no one can escape.

Airdrop season these days feels more like going to work; the anti-witch platform is tightening its restrictions, and once the points system was introduced, everyone started competing over forms again. I now treat it as practice for trading psychology: when you see the excitement, pause for two minutes first, don’t impulsively chase narratives or emotions. The same goes for royalties—less taking sides, more observation, just like that for now.