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OpenSea Lays Off 50% Of Staff With Severance In Preparation For Version 2.0 Launch 🪓

NFT marketplace giant OpenSea is reportedly laying off around 50% of its employees. According to a recent X post by Devin Finzer, the co-founder and CEO of OpenSea, the move seems to be in preparation for the launch of ‘OpenSea 2.0’, which is reportedly a “more nimble — and ultimately better — version of OpenSea.” According to a spokesperson for OpenSea, all affected employees would receive four-month severance packages, accelerated equity vesting and six months of continued healthcare and mental healthcare.