The issue of secondary markets continuously pushing down royalties is basically about "who pays."


Of course, creators want a share every time their work changes hands, but buyers also feel that since they've already taken on liquidity risk, they shouldn't have to pay an additional layer...
Neither side is really at fault.
From my perspective, who loves reconciliation, the key is that project teams shouldn't portray "royalties = creator income" as too idealistic:
How does the treasury subsidize it, where does the cash flow come from, can the rules be enforced—these need to be clarified first, or it just becomes a muddled account.
And those on-chain data tools and tagging systems—it's understandable that they are criticized as lagging or misleading—if a tag is wrong, everyone's understanding of "who's buying and selling, who's exploiting" gets completely skewed, and arguing over royalties often turns into emotional disputes.
Anyway, when I look at creator economy now, I first examine whether the income structure can be self-consistent before deciding whether to participate.
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