Memeland Trails Only Yuga Labs in Royalties Over Past Month
Memeland has generated the second most revenue among NFT "brands" from royalty fees over the past 30 days after lowering the royalty percentage collected on projects in its ecosystem from 9 to 3.3% two weeks ago.
❓ Wait, What?
Definitive, a data partner to Lucky Trader, has aggregated individual NFT projects into "brands," allowing us to track royalties earned by each brand. The Memeland brand includes the Captainz, Potatoz and You The Real MVP collections.
❗Why It Matters
When Memeland decided to lower its royalty fee rates earlier this month, it was seen as a pro-collector move, and the market has responded positively.
📊 By the Numbers
- Memeland trails only Yuga Labs in royalties earned over both the past month and past week.
- According to data pulled from Definitive, Memeland has generated $111k in royalties over the past week and $725k over the past 30 days.
- RTFKT is hot on Memeland's heels, with $110k earned over the past week.
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