NFT Marketplace, SuperRare Reduces Staff by 30%

 

NFT marketplace and OpenSea competitor, SuperRare, which is mostly known for high-quality NFT artwork, have let go of around 30% of their staff. The reasoning, overhiring in the bull run, and struggling during the ongoing bear run that’s affecting the entire industry, according to ‘SuperRare John’ on Twitter.

Quick Take:

SuperRare have proven to be one of the top NFT marketplace, especially within high-quality art.

Now, the company have been forced to let go of 30% of their staff.

Overhiring during the earlier bull run has been named as the reasoning behind this decision.

.......Related post,......

Comments

Post a Comment

Popular posts from this blog

Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue

Image
  Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity. The state’s political status is contentious. Many nations recognize it as part of Georgia, but others – including its closest ally Russia – have recognized it as a sovereign nation…. Read More: Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue  Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity. The state’s political status is contentious. Many nations recognize it as part of Georgia, but others – inclu...
Read more

Terra Luna Classic Price Prediction as LUNC Surges by 10% – Where is the Next LUNC Target?

Image
  Crypto bulls are on the offensive following an eventful event characterized by disclosures of exposure to fallen United States banks. Terra Luna Classic price spiraled massively during the weekend as investors reacted to the messy events surrounding Silicon Valley Bank (SVB) and Signature Bank New York…. Read More: Terra Luna Classic Price Prediction as LUNC Surges by 10% – Where is the Next LUNC Target?  Crypto bulls are on the offensive following an eventful event characterized by disclosures of exposure to fallen United States banks. Terra Luna Classic price spiraled massively during the weekend as investors reacted to the messy events surrounding Silicon Valley Bank (SVB) and Signature Bank New York…. Read More: Terra Luna Classic Price Prediction as LUNC Surges by 10% – Where is the Next LUNC Target? Cryptonews  Crypto bulls are on the offensive following an eventful event characterized by disclosures of exposure to fallen United States banks. Terra Luna ...
Read more