Over $1.8B in Royalties Have Been Paid Out to Ethereum-Primarily based NFT Creators: Galaxy Digital

by Jeremy

In accordance with knowledge from Dune Analytics cited within the report, Nike, which acquired digital collectibles startup RTFKT, made $91.6 million in consolidated NFT royalties as compared. Different real-world manufacturers together with Gucci, Adidas, Nickelodeon, McLaren which have efficiently built-in NFTs into their enterprise fashions have made some cash off NFT royalties, although the quantity is way decrease when put next with the creator royalties of prime Web3-native entities comparable to Artwork Blocks, The Sandbox, Doodles, World of Ladies and extra.

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