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Which NFT project earns the most royalties? The first place exceeds 85 million US dollars

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Odaily资深作者
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How much money will Yuga make less if the NFT market is forced to cancel royalties?
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How much money will Yuga make less if the NFT market is forced to cancel royalties?

This articleCome to Twitter, original author:WaTell(@0xWatell)

Odaily Editors Note: On August 18, OpenSea issued an announcement stating that it will implement an optional mechanism for royalties for new series of works starting from August 31, and cancel OpenSeas mandatory creator royalty mechanism (Operator Filter). For existing series with Operator Filter implemented before August 31, OpenSea will enforce creator royalties specified on OpenSea until February 29, 2024, after which time creator royalties will be optional.

Yuga Labs announced on Twitter the next day that in view of the mandatory royalty deactivation announced by OpenSea yesterday, an optional creator royalty plan will be implemented for all NFT secondary sales after February 2024. Yuga Labs will gradually stop paying for OpenSea SeaPort all upgradeable contracts and new series support, scheduled to be completed in February 2024 at the same time as OpenSea.

Yuga Labs said: “While NFT has always been committed to allowing users to truly own their digital assets, it is also empowering creators. Yuga firmly believes that creators’ royalties should be protected so that creators can benefit from their creations.”

Mark Cuban, as an OpenSea investor, said that not charging royalties for NFT sales is a huge mistake. This move weakens trust in the platform and hurts the entire industry.

Royalties allow blue-chip project parties to make a lot of money, and they make substantial profits even when FUD changes hands. Whether the NFT market should forcibly cancel royalties is not a new proposition.

After OpenSea announced that it would be removing mandatory royalties, a question popped into my head:"Which NFT project makes the most money from royalties?"

So I found this data, here are the top 10 royalty earners:

  1. Art Blocks - $ 85, 737, 733    

  2. Bored Ape Yacht Club - $ 59, 686, 470    

  3. The Sandbox - $ 57, 408, 637    

  4. Otherside - $ 53, 374, 079    

  5. Azuki - $ 45, 213, 232    

  6. Mutant Ape Yacht Club - $ 44, 171, 492    

  7. CloneX - $ 38, 015, 933    

  8. Moonbirds - $ 28, 324, 564    

  9. Doodles - $ 26, 223, 176    

  10. Parallel - $ 23, 295, 277 

1/10 for Art, 1/10 for GameFi, 2/10 for Metaverse, 6/10 for PFP,It is indeed in line with the current NFT market proportion.

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