Sigh, I’ve recently been seeing discussions about lowering secondary-market royalties—honestly, it’s quite moving. Back then everyone was hyping “the creator economy.” Now, when you turn around and sell, the royalty gets cut directly in half—it really chills you. But that’s how this industry works: the hype cycle changes fast. Being too fixated on “whether it should be this way” is useless. It’s better to think about how to survive in both bull and bear markets.

Lately, testnet incentives and points expectations have been getting a lot of hype. A lot of groups are asking, “Will the mainnet issue tokens?” I’ve got a bunch of worthless points saved up, and I don’t know if they can serve as proof of paying tuition. There are plenty of tutorials, but I’ll look for ones that explain specifically how to avoid scams and how to identify fake projects, or the kind that focuses on “on-chain operation records”—those feel more reliable than reading the K-line chart.

To put it simply, this circle is basically paying real money to learn. I’m fine being a dust collector—at least I can accumulate experience points. It’s better than losing out in the next big pit.