I’ve been lurking for a long time, watching how the group chat keeps bickering every day about PFPs and memberships—whether they’re truly long-term value, or just a way to skim and monetize attention. I’ve been playing LP myself, and honestly, I’m pretty sensitive to the word “brand.” No matter how great the project team sells it, in the end aren’t we still just looking at that little water level in the liquidity pool? I stand with creators on the whole royalty issue, but when the secondary market’s liquidity is so bad that even your own mom can’t recognize it, then no matter how high the royalties are, it’s basically useless… As for the NFT membership cards I have right now, besides serving as a pass to get into the chatroom, there’s really no tangible upside at all. Maybe I’m just too impatient—I feel like real long-term value is like market making back then: you adjust slowly; once the timing is right, it naturally starts to feel right, instead of forcibly inflaming emotions with a single wave of meme images. Forget it—let’s leave it at that. I still need to top up my holdings.