Yuga Labs’ NFT royalty income hits $107.8M in 2022
NFT collections Otherdeeds, BAYC, and MAYC made $49.9 million, $32.3 million, and $25.6 million in royalties in 2022, respectively.
Read NFT news covering collections, marketplaces, creator tools, tokenized media, and the shifting role of digital ownership in Web3.
The transaction volume of the NFT collection is currently 1,534 ETH.
Institutions and individuals will also be able to access rights protection monitoring and copyright protection services through the NFT trading platform.
The current NFT total market cap is around $10 billion, which is 50% less than the total market cap in December 2021.
The floor price for the former president's NFT collection is around 0.16 ETH.
A judge has granted approval for Yuga Labs to proceed with its lawsuit against Ryder Ripps and Jeremy Cahen, the defendants have counterclaimed.
While most blockchain networks lacked traction in 2022, Polygon attracted major companies in both web2 and web3 spaces.