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OpenSea's Turbulence

Is Africa Ready for NFT? Join the conversation tomorrow - Tekedia

The crypto world is rattled and NFT cannot be an exception: "OpenSea, the world's largest non-fungible token marketplace, is laying off 20% of its staff due to a combination of "crypto winter and broad macroeconomic instability," CEO Devin Finzer tweeted. OpenSea has risen to the top of the NFT game by making more than $10 billion in transactions since launching in 2017, according to CoinMarketCap. The New York City-based company closed a $300 million Series C funding round in early January, giving it a $13.3 billion valuation," reports LinkedInNews