News/OpenSea: NFT Creators Earned $1 Billion in Royalties This Year

OpenSea: NFT Creators Earned $1 Billion in Royalties This Year

Nov 30,2022,23:25

OpenSea said that up to Nov. 23 this year, NFT creators had earned more than $1 billion through royalty payments on its platform in 2022.

These earnings do not include sponsorship revenue, engagement incentives or grants, according to a blog post by Shiva Rajaraman, OpenSea's VP of product, who analyzed transactions that included a creator fee between Jan. 1 and Nov. 23.

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