The luxury house Gucci and Yuga Labs aims to explore the intersection of fashion and entertainment with their partnership in Web3. Gucci, the luxury fashion business, is delving deeper into Web3 and the metaverse in conjunction with Yuga Labs, the creators of Bored Ape Yacht Club. Gucci hinted at a collaboration on
Tag: Yuga Labs
Yugalabs Rakes in $107.8 Million in Royalties
In 2022, royalties from the NFT brought in $49.9 million for Otherdeeds, $32.3 million for BAYC, and $25.6 million for MAYC. MilkRoadDaily reports that Yuga Labs made $107.8 million in royalties from Otherdeed for Otherside, Bored Ape Yacht Club (BAYC), and Mutant Ape Yacht Club (AAYC) (MAYC). Furthermore, in 2022, the NFT