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.
Crypto Industry Cheers as Court Rebukes SEC in Coinbase Case
A federal courtroom has compelled the SEC to elucidate its denial of Coinbase’s rulemaking petition, marking a pivotal second in...
