Times are tough for companies active in cryptocurrency. The main NFT OpenSea property sales platform is no exception. His boss Devin Finzer announced a big wave of layoffs. “It’s a tough day for OpenSea, as we’re letting ~20% of our team go,” he commented on his Twitter account.
The exact number of employees affected was not disclosed. OpenSea later told The Block that 230 employees remained with the company. The platform nevertheless considers itself capable of “staying on track” at least for the next five years and is confident that it will no longer have to go through this painful process.
Like the cryptocurrency market, the NFT exchange is having a catastrophic 2022 with cases scams and a insider trading and, last month, a massive leak of data containing the e-mail addresses of its users.