Recently, I looked over the transaction records of a few old NFTs again, and the more I look, the more I think that "liquidity" is more honest than how good the artwork looks: once there's no one to buy the floor, no matter how heated the community narrative is, it’s like playing background music in an empty room... Royalties are also quite awkward; creators obviously want them, but buyers find the slippage + royalties stacking too painful, so everyone prefers to fish around in places where royalties aren’t enforced, and on-chain data looks pretty cold. Conversely, communities with ongoing content/events, even if their floor prices aren’t high, tend to have a slightly more comfortable order density, at least you know you're not just hyping yourself up alone. Recently, theirdrop season + task platforms, with anti-witchcraft measures, have made points systems feel like clocking in for work, and I feel many people are projecting this "quantifiable hype" onto NFT narratives: if there are points, there’s a story; if not, it’s cold. Whatever, that’s it for now.