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How much did Nike and Gucci make in their NFT sales?

How much did Nike and Gucci make in their NFT sales?

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Answer How much did Nike and Gucci make in their NFT sales?

Leading sports apparel company Nike surpassed several top names with its NFT sales of the year.

According to the latest statistics, Dolce & Gabbana, Tiffany, Gucci and Adidas earn millions from NFT, but it is Nike that tops the list.

Dune Analytics data showed that the aforementioned companies are leading the NFT wave.

Nike’s NFT ventures have generated more than $185 million in revenue, making it the most profitable brand.

The popular sports brand managed to generate $1.3 billion in transaction volume with $93 million in initial sales of NFT while generating $92 million in royalties.

For the top-grossing NFT groups, there is the CloneX group, with the highest royalty generating over $39 million.

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The second group is the NFT group titled “Nike Sneakers” with a value of 24.22 million dollars.

Other groups, including Mint Vial, MNLTH2, CryptoKick and RTFKT, have managed to raise at least $1 million in equity fees.

It is worth noting that Nike announced its acquisition of “RTFKT” last December as part of its leap into the metaverse space.

Dolce & Gabbana came in second place with $25.65 million, Tiffany with $12.62 million, and Adidas with $10.94 million.

D&G leads over 9,000 transactions, followed by Gucci with nearly 4,000.

On the other hand, Tiffany managed to collect only 74 deals.

Although adidas ranked fifth in terms of total revenue, it boasted the second place in terms of number of transactions with more than 51,000 transactions.

Read:Searches for NFT on Google rise 300%, surpassing searches for DeFi projects

This development comes amid a significant decline in NFT sales over the past several months as a result of the volatile market movement.

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How much did Nike and Gucci make in their NFT sales?

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