Just stumbled across that royalty matter, and it got me thinking. Put simply, the whole dispute over secondary-market royalties boils down to creators and platforms not finding the right balance—everyone wants to get an extra bite. I usually like to watch how big on-chain funds move. Recently, before an upgrade on a major chain, it was obvious that some whales were quietly transferring assets—I don’t know if they’re betting that ecosystem projects will move out. Either way, I don’t really believe royalties can be handled with a one-size-fits-all approach. What I care more about are those “signals”—like the timing and rhythm of big holders adjusting their positions—more real than any slogan. Sigh, I’ve also misread things sometimes. For now, let’s leave it at that.

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