Odaily Planet Daily News According to a report released by Nansen on Wednesday, NFT royalty income fell to the lowest level in more than a year in June. Royalty revenues peaked in April 2022, with creators earning 28,000 ETH (nearly $76 million) a week. Meanwhile, creators earned a total of 2,000 ETH (~$3.8 million) during the peak week in June.

Nansen analysts Javier Cerdan and Edward Wilson said that amid the competition, both marketplaces, OpenSea and Blur, are struggling to keep royalties low while incentivizing deals. “Royalties have been falling since February, with Blur capturing more of the royalty share, on par with OpenSea. Interestingly, Blur has been dominating the royalty share for the past two weeks,” the duo said.
As of July 4, Yuga Labs had earned nearly $166 million in collective royalties from its franchises, which include Bored Ape Yacht Club, Mutant Ape Yacht Club and Otherdeed for Otherside. The Azuki series of NFTs (including BEANZ and Elementals) has earned more than $58 million in royalties.
The report noted that the drop in royalty income began before Azuki's Elementals minted before the BAYC floor fell to a 20-month low. (CoinDesk)
According to yesterday’s news, Nansen’s data shows that BAYC’s on-chain royalty income has exceeded 58 million US dollars, Otherdeed for Otherside has exceeded 52 million US dollars, Azuki has exceeded 43 million US dollars, and Pudgy Penguins has exceeded 7.2 million US dollars.