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.

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