Recently, there’s been a lot of arguing in the secondary market about cutting and cutting royalties, honestly everyone just wants smoother liquidity, but the creators’ expectations of “continuous income” are being shattered. I used to be quite optimistic, thinking that once the on-chain rules are set in stone, that’s it… Now I see that the market doesn’t care what you write, only what it’s willing to pay, which is pretty realistic.

Plus, before and after the upgrade/maintenance of that mainstream public chain, everyone in the group is guessing whether projects will move away, making it seem even harder for creators: the platform, chain, and market rules are all unstable, today we’re singing karaoke here, tomorrow we might have to change rooms. There’s so much information that it’s quite stressful. My filtering method now is very simple: I only look at two things — whether the project is actually paying creators (whether it’s called subsidies or revenue sharing), and whether buyers are still willing to “pay for the work” rather than just flipping. The rest of the noise is just background music. Anyway, I just follow these two signals to rebalance, so I don’t get caught up in the hype.