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