{"id":32726,"date":"2022-10-21T20:10:06","date_gmt":"2022-10-21T20:10:06","guid":{"rendered":"http:\/\/egrowonline.com\/?p=32726"},"modified":"2022-10-21T20:10:06","modified_gmt":"2022-10-21T20:10:06","slug":"over-1-8b-in-royalties-have-been-paid-out-to-ethereum-based-nft-creators-galaxy-digital","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=32726","title":{"rendered":"Over $1.8B in Royalties Have Been Paid Out to Ethereum-Based NFT Creators: Galaxy Digital"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>According to data from Dune Analytics cited in the report, Nike, <a target=\"_blank\" href=\"https:\/\/www.coindesk.com\/business\/2021\/12\/13\/sportswear-giant-nike-purchases-nft-fashion-and-collectibles-startup-rtfkt\/\" rel=\"noopener\">which acquired digital collectibles startup RTFKT<\/a>, made $91.6 million in consolidated NFT royalties in comparison. Other real-world brands including Gucci, Adidas, Nickelodeon, McLaren that have successfully <a target=\"_blank\" href=\"https:\/\/www.coindesk.com\/web3\/top-brands-in-web3-nfts-and-the-metaverse\/\" rel=\"noopener\">integrated NFTs into their business models<\/a> 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.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMigAFodHRwczovL3d3dy5jb2luZGVzay5jb20vd2ViMy8yMDIyLzEwLzIxL292ZXItMThiLWluLXJveWFsdGllcy1oYXZlLWJlZW4tcGFpZC1vdXQtdG8tZXRoZXJldW0tYmFzZWQtbmZ0LWNyZWF0b3JzLWdhbGF4eS1kaWdpdGFsL9IBAA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[11899,4565,271,245,5004,307,2293,11900],"class_list":["post-32726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-18b","tag-creators","tag-digital","tag-ethereumbased","tag-galaxy","tag-nft","tag-paid","tag-royalties"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/10\/2XLZQ65C6VGCFEIOD7JD5NEFOQ.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32726"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32726\/revisions"}],"predecessor-version":[{"id":32728,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/32726\/revisions\/32728"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/32727"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32726"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}