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

According to data from Dune Analytics cited in the report, Nike, which acquired digital collectibles startup RTFKT, made $91.6 million in consolidated NFT royalties in comparison. Other real-world brands including Gucci, Adidas, Nickelodeon, McLaren that have successfully integrated NFTs into their business models have made some money off NFT royalties, though the number is far lower when compared with the creator royalties of top Web3-native entities such as Art Blocks, The Sandbox, Doodles, World of Women and more.

Source: https://www.coindesk.com/web3/2022/10/21/over-18b-in-royalties-have-been-paid-out-to-ethereum-based-nft-creators-galaxy-digital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines