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After I started keeping track of a few NFT projects I’ve bought, here’s the follow-up: it’s not to rehash who was right or wrong—mainly to figure out clearly who actually holds the “royalties.” Once the arguments flare up in the secondary market, it becomes very real: you want to support creators, but when the platform makes things looser, traders will vote with their feet. In the end, the creators’ cash flow becomes unstable, and community sentiment is even more likely to collapse.
Lately, there’s been no end to testnet incentives and points being piled on everywhere; in group chats, people are constantly guessing whether the mainnet will issue tokens… Basically, everyone is waiting for “that moment.” But if the creator economy can only stay alive on that moment (airdrops/royalties/platform subsidies), it’s like succulents that only rely on a spray bottle for misting—looking green, but the roots aren’t solid. I’ll first write down the interactions, spending, and secondary liquidity I’ve participated in; at least next time I’m tempted and act on impulse, I can remind myself: don’t make careless mistakes—take it slow.