Saturday, August 5, 2023

Nansen: payouts to NFT creators fell 98% from a peak of $269M in January 2022 to $4.3M in July 2023, as OpenSea and Blur cut royalty rates amid a bear market (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
Nansen: payouts to NFT creators fell 98% from a peak of $269M in January 2022 to $4.3M in July 2023, as OpenSea and Blur cut royalty rates amid a bear market  —  - Payouts to NFT content creators sank 98% from a peak in 2022  — Exchanges for NFTs chopped royalty rates amid a bear market



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...