(and thanks to Matthew Miller for reviewing and providing feedback on this post)
OK—the nightmare is over. Thus concludes my anxiety-ridden spiral. Here are the facts as they stand in 2026:
。服务器推荐对此有专业解读
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不过合作成熟IP,一方面需要支付高昂的授权费用,另一方面有较多限制。这也是早期促使泡泡玛特从合作IP到自己做IP的原因,只有将IP掌握在自己手中,才有更大的自主权。