Recently, there has been debate over whether secondary royalties should be mandatory. To be honest, everyone wants to strike a balance between "liquidity" and "respect for creators."

Late at night, when I reconcile accounts, it becomes more intuitive: turn off royalties, and transactions look good; but creators' cash flow is directly cut off.
Turning them on hard can be bypassed, with multiple layers of jumps on the blockchain, and in the end, what’s increased are gas fees and friction, exhausting both buyers and sellers.

On the macro side, they’re still discussing interest rate cut expectations, the US dollar index, and risk assets acting erratically.
I don’t dare to be too optimistic anyway; when emotions run high, the first rules to be sacrificed are these "seemingly optional" ones.
My approach is a bit crude: only engage with projects that clearly explain where the money flows and keep contracts simple, and stop fantasizing about "community self-regulation."

What I fear most isn’t slow progress, but chaos—slow can be corrected one by one, but chaos means accounts won’t match, and in the end, blaming anyone is useless.
That’s all for now.