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"According to our analysis, web3 paid out $174,000 per creator, while Meta paid out $0.10 per user, Spotify paid out $636 per artist, and YouTube paid out $2.47
by dougb5 4y ago
"According to our analysis, web3 paid out $174,000 per creator, while Meta paid out $0.10 per user, Spotify paid out $636 per artist, and YouTube paid out $2.47 per channel. Web3 is tiny but mighty."
If you like me are wondering what this sentence means: According to the slide deck, they arrived at $174,000 by taking the aggregate sales of NFTs on OpenSea ("Includes ETH-denominated primary sales...plus creator royalties from secondary sales", says a footnote there) and dividing by 22,400 "creators", which I guess means accounts selling NFTs.