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OpenSea Has Laid Off 20% of its Staff According to Twitter
Summary: According to a recent announcement posted on OpenSea's CEO Twitter account, the company will reduce the size of their team with %20. The decision comes after what Devin describes as an unprecedented "crypto winter", combined with a broad macroeconomic instability. The company needs to prepare for a very possible prolonged downturn, and hopes this difficult ...
According to a recent announcement posted on OpenSea's CEO Twitter account, the company will reduce the size of their team with %20. The decision comes after what Devin describes as an unprecedented "crypto winter", combined with a broad macroeconomic instability.
The company needs to prepare for a very possible prolonged downturn, and hopes this difficult decision will help the company survive for at least another 5 years. According to the announcement, OpenSea hopes that they will only have to go through this process once. Every person involved in the announcement was notified one on one, in person.
At the end of the post, OpenSea's co-founder and CEO thanked everyone leaving the team for their contribution to the growth of the company, and assured them that they will be missed.
Devin Finzer also said that he expects a comeback of the NFT's market this following winter, in terms of innovation and utility. According to him, Non-fungible tokens will become "the largest market on the planet".
The announcement ends with saying that OpenSea's mission is to build the foundation for peer-to-peer economies, in a global economy that is uncertain.
Author: Garrett Meifert
Tags: crypto winter,NFT,OpenSea
Link: OpenSea Has Laid Off 20% of its Staff According to Twitter [Copy]
