Recently, the secondary market has been arguing over royalties again. To put it simply, everyone wants "free trading," but creators' ongoing income is indeed being squeezed painfully. I tend to be slow to warm up, so I won't take a side yet, but I think this is a bit like governance: no matter how well the rules are written, if the enforcement layer loosens, incentives immediately distort. Now, there's also a trend of social mining and fan tokens—"attention as mining"—which sounds exciting, but in reality, it’s more like treating attention as liquidity to be exploited... While it's lively, in the end, only a few projects with long-term narratives and genuine communities might remain. Anyway, I’ll keep watching proposals and see how everyone plans to embed "consensus" into smart contracts.