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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This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles.
While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation.
The collective sales volume of NBA Top Shot NFTs has dropped 99% from its February 2021 peak.
Once the acquisition is completed, the company said that Beeple will be hired as an advisor for Yuga Labs.
NFTs from Layer 2 were not previously recognizable to apps like Twitter.
Trademark applications filed for NFTs alone grew from a total of 2,142 filed for 2021 to 6,855 by the end of October 2022.
The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain.
The collection features 1000 original cinematic art pieces inspired by the actor’s award-winning career.
The racing competition has plans to set up an online marketplace for cryptocurrency, meta tokens, digital collectibles, crypto-collectibles and NFTs.
The company said that users can now list and buy up to 30 items in a single flow.