Honestly, lately I’ve been watching the whole NFT liquidity thing—it’s pretty dull. The floor has dropped, and people are also grumbling about the royalty mechanism. That whole community narrative—“we’re not selling art, we’re co-building the future”—really boils down to nothing more than psychological comfort. I’m just a bystander; I’ve seen too many DAO projects start out loud and proud, then later can’t even manage basic handover records. And when spot and derivatives funding rates have been hitting extreme levels recently, the chat groups start arguing again about whether it’s a reversal signal—but to me, it’s just the same old pattern of squeezing the bubble a bit longer. Anyway, I’ll just treat myself as someone sniffing out a quick score—put money in and leave it there. I can’t be bothered to stir things up.