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

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, like Gucci, Adidas, Nickelodeon, McLaren and others that have successfully integrated NFTs into their business models, have made some money off NFT royalties, though the number is far lower when compared to the creator royalties of top Web3-native entities like Art Blocks, The Sandbox, Doodles, World of Women and more.

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