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OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch

This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch

This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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