OpenSea lays off 50% of its workforce and will reposition the team around "OpenSea 2.0"
NFT marketplace company OpenSea confirmed to Decrypt that it has laid off about half of its employees, with a company representative stating that approximately 50% of the entire company was affected. OpenSea co-founder and CEO Devin Finzer posted on X platform, saying, "Today, we are repositioning our team around 'OpenSea 2.0,' a major upgrade to our product that includes fundamental technology, reliability, speed, quality, and experience. We will change how we operate, moving towards smaller teams that directly engage with users. During the rebuild, we will continue to support existing products and iterate on OpenSea 2.0 in public testing - staying agile, professional, and focused."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What it’s going to take to hit $100K
MicroStrategy announced that it purchased 55,500 bitcoin last week, but that didn’t quite push BTC over the 6-figure edge
Why analysts are upping price targets for MSTR and COIN
MSTR shares hovered around $402 at 2 pm ET Monday — down 4.7% on the day but up 70% from a month ago
FIFA Teams Up with Mythical Games to Launch Blockchain-Powered Mobile Soccer Game
Romania Makes History by Using Blockchain to Secure Presidential Election Votes
Trending news
MoreCrypto prices
More
