Recently, I again saw people arguing about whether secondary-market royalties should be mandatory, claiming it’s “the root of the creator economy.”


It made me feel a bit cold inside: royalties certainly sound good, but when they’re actually implemented on-chain, the final execution still comes down to contract permissions and market rules—whoever has more buttons gets to call the shots… People who’ve been rug-pulled have a shadow over the words “it’s for your own good.”
And there are others who treat large transfers on-chain and unusual movements between an exchange’s hot and cold wallets as signals of “smart money,” then rush in. As for me, I’d rather first check whether the team wallet is moving funds and whether there are any weird authorization changes. Compared to chasing hot trends, I’m more like someone getting watched and checked—rather than someone chasing a car.
Creators need to keep surviving, sure, but it’s also pretty strange to use royalties as a moral hostage-taking. In the end, the bill is still paid by liquidity and retail investor sentiment.
That’s it for now—being cautious is never wrong.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin