NFT REVIEW NEWS Yuga Labs Royalties Pass $100 Million in 2022

If you’re into NFTs then you already know that Yuga Labs is one of the biggest companies in the space, acting as the parent company for such projects as the Bored Ape Club and the Mutant Ape Yacht Club. Well, as per the recent industry reports for 2022, it seems that Yuga Labs had a very successful year in terms of royalties. 

MilkyRoadDaily, a popular crypto newsletter, has published the top earners by royalties in the NFT space for 2022, and Yuga Labs has come out on top with a combined $107.8 million collected across its portfolio of properties.

A Year in Royalties

A big part of the reason for Yuga Lab’s commanding such high royalties figures is the fact that it has so many successful projects under its belt. For example, the Mutant Ape Yacht Club brought in $25.6 million in royalties for the year and the Bored Ape Club brought in $32.3 million. 

However, the biggest earner under the Yuga Labs umbrella by far was Otherdeeds, the land NFTs for the Otherside Metaverse, which brought in $49.9 million. As many will remember, the Otherdeeds sale was a massive success, with some people paying thousands in minting fees alone as the assets quickly sold out. As such, these figures come as no surprise. 

Besides these Yuga Labs-fronted collections, other top collections on the list included Azuki with $41.5 million and CloneX with $27.2 million.

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

Source link

If this article, video or photo intrigues any copyright, please indicate it to the author’s email or in the comment box.

What do you think?

23 NFT Points
Upvote Downvote


I am the curator of the NFT Review Market News. If the document or content infringes any copyright, please point it out in comments and it will be promptly removed. To all the articles we include the link of the Resource that appears as Source Link If this article, video or photo intrigues any copyright, please indicate it to the author's email or in the comment box.

Crypto Alerts Noticias Altcoins Un inversor de criptomonedas se convierte en millonario gracias a Ethereum

NFT REVIEW NEWS RTFKT COO Falls Victim to Villainous NFT Heist