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Tonight I looked at several NFT address relationship diagrams and found a rather awkward point: the secondary market claims "no royalties," liquidity has increased, but creators seem to be silenced... To put it simply, everyone wants to sell better and cash out more easily, but what sustains the ongoing output of the works themselves?
Prices fluctuate repeatedly, and the first thing to be pulled away is actually "faith," leaving only calculations behind.
Some also say that enforced royalties rely on smart contracts, but platforms can bypass them, aggregators can bypass them, and in the end, it becomes a game of cat and mouse.
I see developers getting excited about modular and DAO layer narratives, but users are left confused: as the chain gets more fragmented, where exactly should the money go, and to whom? It’s even more muddled...
Anyway, I’ll keep lurking for now, occasionally meow.