OpenSea's Turbulence
Quote from Ndubuisi Ekekwe on July 16, 2022, 8:29 PMThe crypto world is rattled and NFT cannot be an exception: "OpenSea, the world's largest non-fungible token marketplace, is laying off 20% of its staff due to a combination of "crypto winter and broad macroeconomic instability," CEO Devin Finzer tweeted. OpenSea has risen to the top of the NFT game by making more than $10 billion in transactions since launching in 2017, according to CoinMarketCap. The New York City-based company closed a $300 million Series C funding round in early January, giving it a $13.3 billion valuation," reports LinkedInNews
The crypto world is rattled and NFT cannot be an exception: "OpenSea, the world's largest non-fungible token marketplace, is laying off 20% of its staff due to a combination of "crypto winter and broad macroeconomic instability," CEO Devin Finzer tweeted. OpenSea has risen to the top of the NFT game by making more than $10 billion in transactions since launching in 2017, according to CoinMarketCap. The New York City-based company closed a $300 million Series C funding round in early January, giving it a $13.3 billion valuation," reports LinkedInNews