Opensea which is the largest market place for NFT both by market cap and users layed of 50% of it's staff.
The layoff is allegedly due to the prolonged crypto winter and preparation for the version 2.0 launch of the platform.
This is the second round of layoff by the NFT market place giant after the persistent crypto bear market which has led to loss of value for millions of NFTs.
After laying off 20% of it's staffs in July, it was said to be running a team of 230 people.
They prepared a spicy severance package for the employees they are laying off and claim that this changes has to be done to birth a better version of opensea.
You may wonder what a marketplace that runs on smartcontracts need 230 People, after the break of the news, so users on social media users claimed they only had 2 staffs owing to the slow responses they get when they create a ticket and their poor customer rep.
Well, we have now seen that smartcontracts can run everything, they definitely need humans in the backend.
