What are NFT royalties?

NFT royalties give you a percentage of the sale price each time your NFT creation is sold on a marketplace. NFT royalty payments are perpetual and are executed by smart contracts automatically. With most marketplaces, you can choose your royalty percentage. 5-10% is considered a standard royalty.

metrics

In this dashboard, we'll examine the differences in the royalties paid out by the four largest Ethereum-based NFT marketplaces—==Opesea,== ==X2Y2==, ==Rarible== and ==LooksRare==—to their respective artists.

Information for this dashboard will begin in 2022.

ethereum.core.ez nft sales is what you should use for this bounty.

Correlation yes or No

Royalty fee on the NFT market seem to have a strong relationship with the number of market users.

There is not a substantial correlation between average NFT price and NFT market royalty at all with regard to total NFT volume.

Opensea has the most users of these four platforms as a whole. So, it's clear that Royalty fees on NFT marketplaces have a close relationship with the trader.

looksRare has emerged as the most popular market in terms of sales volume in 2022 among the four markets, the sales volume has been higher in lookrare than in Open. The daily chart is also quite clear, especially at the beginning of the year 2022, the sales volume of looksrae reaches nearly one billion$

==looksrare== is the platform that has the most costly NFTs since 2022

it is clear that The most project are on OpenSea,

second Looks rare,

And the third and fourth place is related to

x2y2 and rarible

conclusion 🚦

The OpenSea platform has paid a greater amount of royalties than the other three combined.

Overall, the most people use Opensea out of these four platforms.

In terms of sales volume in 2022, looksRare is the most popular market out of the four.

Since 2022, the most expensive NFTs have been on looksrare.

The most project are related OpenSea

The quantity of NFT market customers seems to affect royalty fees.

Average NFT pricing and NFT market royalties have no association with total NFT volume

==OpenSea== has the ==most NFT royalties== more than $1B since 2022

Daily NFT royalties going down recently.The highest amount of royalties on this date was on May 2022 for Opensea with an amount of 22million$.