Categories: Markets News

OpenSea Lays Off 20% of Staff

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Devin Finzer says OpenSea will still have five years of runway “The reality is that we have entered an unpreceded combination of crypto winter and broad macroeconomic instability.” Co-founder and CEO of NFT marketplace OpenSea Devin Finzer announced on Twitter today that the company will be downsizing its staff by 20%. “Each of the people leaving has played a critical role in OpenSea’s journey,” Finzer wrote. “The reality is that we have entered an unpreceded combination of crypto winter and broad macroeconomic instability, and we need to prepare the company for the possibility of a prolonged downturn. OpenSea says that
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