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Yuga Labs’ NFT royalty income hits $107.8M in 2022

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Yuga Labs' NFT royalty income hits $107.8M in 2022 Yuga Labs’ NFT royalty income hits $107.8M in 2022

Yuga Labs’ NFT royalty income hits $107.8M in 2022

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NFT collections Otherdeeds, BAYC, and MAYC made $49.9 million, $32.3 million, and $25.6 million in royalties in 2022, respectively.

Yuga Labs' NFT royalty income hits $107.8M in 2022
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Cover art/illustration via Cryptooshala

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Yuga Labs’ total royalty income from Otherdeed for OthersideBored Ape Yacht Club (BAYC), and Mutant Ape Yacht Club (MAYC) collections add up to $107.8 million, according to data shared by MilkRoadDaily.

Otherdeed for Otherside became the NFT project that collected the most significant revenue in 2022 by making $49.9 million. The collection consists of lands from the Otherside Metaverse. Yuga Labs announced the Otherside Metaverse in March 2022 and launched it in April. Users are required to purchase Otherdeed lands to participate in the Otherside Metaverse.

Yuga Labs’ first NFT collection BAYC was ranked third by making $32.3 million, while MAYC was placed sixth with $25.6 in revenue.

Top 10 NFT collections

Milkroad’s data ranks 20 NFT collections based on their revenue in 2022.

Azuki was placed second on the list with $41.5 million in revenue, closely following Yuga Labs’ Otherdeed for Otherside. CloneX and Moonbirds were ranked fourth and fifth by making $27.7 million and $27 million in revenue, respectively.

Doodles ($17.1 million) RTFKT MNLTH ($16.5 million) NFT Worlds ($12.8 million), and Beanz ($11.2 million) also made it to the top ten.

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Credit : cryptoslate.com

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