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According to the latest industry reports, 2022, Yuga Labs appears to have had a very successful Year in royalties.
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Yuga Labs won the competition with $107.8 million collected from its properties.
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Yuga Lab has many successful projects to its credit, which is why it commands such high royalties.
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The Mutant Ape Yacht Club earned $25.6 million in royalty revenue for the year, while the Bored Ape Club made $32.3 million.
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The Yuga Labs' biggest earner was Otherdeeds. This NFT for the Otherside Metaverse brought in $49.9 Million.
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Many people will recall that the Otherdeeds sale was hugely successful. Some people paid thousands of dollars in minting fees as the assets sold quickly.
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These figures are not surprising.