Creators & users sell NFTs on XOXNO. They receive royalties from secondary sales (supply-side fees).

XOXNO is a non-custodial NFT marketplace protocol built on MultiversX. XOXNO was founded by Mihai Eremia and launched in 2021.

XOXNO team owns and governs the protocol. They currently take a cut of the total transaction fees paid by buyers (revenue).

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XOXNO

# XOXNO Earnings Methodology

## 1. Overview

XOXNO earnings represents the net income generated by the XOXNO NFT marketplace on Elrond/MultiversX after accounting for operational expenses. This metric answers the fundamental question: "How much profit does XOXNO generate from its marketplace operations?" The calculation follows the standard earnings formula: Earnings = Revenue - Expenses, where revenue comes from platform fees charged on NFT transactions and expenses primarily consist of token incentives (currently zero).

## 2. Data sources

The earnings calculation relies on the following data sources:

- **XOXNO marketplace data**: Transaction data captured through XOXNO's scraper system that monitors NFT marketplace activity on Elrond/MultiversX, including platform fees and royalty payments
- **End-of-day price feeds**: USD conversion rates for native tokens to standardize fee amounts in USD terms
- **Elrond/MultiversX blockchain data**: Underlying blockchain transaction records that validate marketplace activity and fee collection

## 3. Step-by-step calculation

### Component A: Revenue calculation
- **Purpose**: Calculate total revenue from XOXNO marketplace platform fees
- **Logic**: Extract daily platform fees from the XOXNO scraper system using the `total_fees_usd` field, which represents commission fees charged by XOXNO on completed NFT sales transactions. Filter data to include only Elrond/MultiversX chain transactions and apply daily timestamp granularity. Set business classification as NFT marketplace in the nfts market sector with marketplace business segment.
- **Key fields**: `total_fees_usd` from scraper data represents the USD value of platform fees collected, `timestamp` provides daily aggregation boundaries, `chain` identifies Elrond/MultiversX as the operating blockchain

### Component B: Expenses calculation  
- **Purpose**: Calculate total operational expenses, primarily token incentives
- **Logic**: Retrieve token incentive expenses, which are currently set to zero since XOXNO does not operate a token incentive program. This component is structured to accommodate future token incentive programs by sourcing from the token incentives metric and aggregating as total expenses.
- **Key fields**: `token_incentives` field is set to 0 for all time periods, maintaining the structure for potential future incentive programs

### Component C: Supply-side fees (reference only)
- **Purpose**: Track royalty fees paid to NFT creators and holders for transparency
- **Logic**: Extract royalty fees from the XOXNO scraper using the `total_royalties_usd` field, representing payments to NFT creators and rights holders. While these fees flow through the XOXNO platform, they are not part of XOXNO's revenue calculation as they represent pass-through payments to third parties.
- **Key fields**: `total_royalties_usd` represents USD value of royalties paid to NFT creators and holders

### Final aggregation
- **Combining components**: Calculate earnings by subtracting total expenses from total revenue using the formula: Earnings = Platform Fees - Token Incentives = Platform Fees - 0 = Platform Fees
- **Currency conversion**: All fee amounts are already converted to USD within the scraper system using end-of-day price feeds, eliminating the need for additional currency conversion
- **Time aggregation**: Apply daily timestamp boundaries with gap-filling strategy that sets missing days to zero earnings
- **Final calculation**: The final earnings metric equals the daily platform fees collected by XOXNO, since expenses (token incentives) are currently zero. This provides a direct measure of XOXNO's daily marketplace revenue generation.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Net profit (also profits, net income, profitability) — revenue remaining after subtracting expenses.

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