CryptoNews: Royalties earned by NFT projects have fallen to their lowest level in two years, according to a report by blockchain analytics firm Nansen. 🔎
Yuga Labs, the company that created BAYC, has amassed royalties totaling $165.5 million from its portfolio of NFT collections, while RTFKT has accrued royalties totaling $79.9 million from its collections.rival marketplace Blur
established a rule requiring a minimum of 0.5% fees unless projects opted out or imposed full percentages. Similar amounts of royalties are paid on both markets, with Blur paying out more when trading volume rises. The top 10 NFT collections have generated over $345 million in royalties, with Yuga Labs accounting for 44% of the top 10 with $150 million in royalties. Only 20 NFT projects have so far generated more than $10 million in royalties.Related Articles
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