Royalties in Ethereum-based NFT projects like BAYC dropped to a two-year low amid the major slowdown in the NFT market.
Nansen data shows the top 10 NFT collections have made more than $345 million in royalties, with Yuga Labs having a 44 percent share.
Blockchain analytics firm Nansen recently reported that royalties earned through non-fungible tokens (NFT) projects have reached their lowest points in the last two years. Earlier this week, the floor price for some of the top NFT projects such as the Bored Ape Yacht Club (BAYC) tanked severely, especially after a major controversy surrounding the launch of the Azuki Elementals collection.
Last year in April 2022, the NFT royalties touched their peak with creators accumulating an estimated $75.7 million in a single week. As per the data shared by Nansen, BAYC creator Yuga Labs earned a total of $165.5 million in royalties across its entire portfolio of NFT collections.
Other players have also been making a hefty amount through royalties

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/ethereum-nft-royalties-reach-lowest-point-in-two-years-as-bored-ape-floor-price-drops/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-nft-royalties-reach-lowest-point-in-two-years-as-bored-ape-floor-price-drops