I only note one sentence: The floor price and royalties of NFTs are essentially liquidity thermometers; when the community narrative cools down, everyone just focuses on whether they can sell immediately. Calling for social mining, fan tokens, "attention is mining" can easily turn into mutual hype and self-indulgence. When it's hot, royalties are seen as faith; when it's cold, they are seen as friction... Anyway, I now prefer to take my time and not be led by emotions.