# Business of Block Space Pt. 2: Mevconomics | Will Nuelle - Galaxy

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2024-10-09
- Duration: 20:23
- Topics: blockchain, web3, ethereum, Entertainment
- Watch: https://streameth.org/watch/yt-OvgyipeJM5U
- YouTube: https://www.youtube.com/watch?v=OvgyipeJM5U

## Description

This is a deep dive of MEV Economics and its application to block space as an economic model. This covers a granular look at transaction fee’s contributions to the total overall ‘revenue’ of a blockchain. What is the breakdown of L1 and L2 revenue between MEV and non-MEV transactions? Should these types of transactions be valued differently by the market? 

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