Discussion

• @2xaught7.bsky.social @2xaught7.bsky.social on bluesky

  “NFT marketplace.”  —  Go do that.  [embedded post]

• @darthbluesky.bsky.social @darthbluesky.bsky.social on bluesky

  sounds like not everyone there is moving to version 2.0 [embedded post]

• @dfinzer Devin Finzer on x

  1/9 OpenSea is making some big changes today to focus on the next version of our product.

• @dfinzer Devin Finzer on x

  5/9 So we took a step back and reimagined our operating culture, product, and tech from the ground up. And today, we're re-orienting the team around “OpenSea 2.0,” a big upgrade to our product - including the underlying technology, reliability, speed, quality, & experience.

• @nadavahollander Nadav Hollander on x

  We had to part ways with a large number of very talented people today at @opensea as we consolidated and flattened the organization with a focus on velocity. If you are looking for engineers of all disciplines, product managers, or designers, don't hesitate to DM me.

• @pauly0x Pauly on x

  OpenSea used to make 1-5 million dollars every 24 hours off of NFT ROYALTIES. 2 years later and they are on their second round of layoffs and pretending that they are “upgrading” their product. Upgrading by firing everyone? Word.

• @kunalgoel Kunal Goel on x

  An OpenSea Foundation may mean that there will finally be a token in the future. It is probably not too late. Traders are fickle and they will switch for a potential airdrop.

• @pogdigital @pogdigital on x

  @theblockupdates I'm sorry to anyone impacted by the @OpenSea layoffs. But, I would be hard pressed to find a more entitled, less responsive group of people. Their CEO is hands on and hard at work, but his employees have had an entitlement mentality that has crushed the company. …

• @josephdelong @josephdelong on x

  Watching the OpenSea layoffs is like watching someone just trade away the 1990s Chicago Bulls of smart contract development [image]

• @nedryersonbing Ned Ryerson on x

  Tweets 4/9-6/9 of this thread make it sound like user feedback & need for innovation led to layoffs. I understand layoffs need to happen sometimes, and maybe here they did. But I got news for you — layoffs won't fix the underlying problem you outline. Only culture does.

• @cl207 @cl207 on x

  @icebergy_ cat once got a return on investment thru OS equity marked to last market (last raise) at 13B that went to basically 0 lmeow pinged an otc desk few month ago and bids for OS equity is sub 1B

• @pauly0x Pauly on x

  😂😂😂😂😂😂😂😂 Introducing OpenSea 2.0! - They fired everyone that was left at the company, after firing everyone else 9 months ago. - We are going to “change stuff”. - Zero indication of what will change. Incredible announcement.

• @seedphrase @seedphrase on x

  NFT bull market begins when opensea airdrops us all tokens so we can afford to buy NFTs again

• @chrisheatherly Chris Heatherly on x

  One big change you could make would be to enforce creator royalties. We'd love to work with @opensea but we're not going to forego royalties (or work on tips) to do it. We will be launching @InviteToMystery on @ERC721_C. We hope OpenSea changes course, but if it doesn't, you...

• @betty_nft Betty on x

  @dfinzer @opensea This teases new products and culture but also announces mass layoffs sandwiched between that, which reminds me of how you first communicated the death of royalties in the most confusing way possible, so nobody actually knew what was going on. It would be awesome…

• @decryptmedia @decryptmedia on x

  Despite news of OpenSea's mass layoffs Friday, broader NFT market sales actually jumped sharply in October. How much? Click below to read the full story: https://decrypt.co/...

• @dancow Dan Nguyen on x

  well the best thing about the crypto blockchain is you don't have to rely on a centralized marketplace to sell your nft apes for $0

• @icebergy_ @icebergy_ on x

  Opensea should just airdrop us billions of dollars

• @adamsternbach Adam Sternbach on x

  Sad to hear the news about @opensea, but glad they are recognizing the need to lead—not follow—in the NFT space. They have an opportunity to define the retail collecting experience and get back to basics. Honor royalties. Respect creators. Ignore bright shiny objects. 🫡🫡🫡

• @zachxbt @zachxbt on x

  @CL207 @icebergy_ I think my point of contact at OpenSea has changed like 6-7 times now bc of the high turnover...

• @cryptovondoom @cryptovondoom on x

  How about instead of focusing on OpenSea 2.0 you hire enough people on the support team to solve the myriad of delistings we keep seeing in the space. These actions are irrevocably harming businesses. Trouble tickets go unanswered. When they do the answers are vague at best.... […

• @adamamcbride Adam McBride on x

  Opensea - from $13 Billion to laying off half your staff in two easy steps: 1. Eliminate creator royalties 2. Fail to do an airdrop [image]

• @beaniemaxi @beaniemaxi on x

  Alot of talk about OpenSea on the tl and many speculating that it will release a token as a hail mary. I don't think it will happen. Just looking at the last couple weeks it's starting to print $$$ again. Just off BAYC alone it's making millions. Its overhead likely way down too.

• @farokh @farokh on x

  All we want is an OpenSea airdrop

• @blknoiz06 @blknoiz06 on x

  token?

• @nftpowerranking @nftpowerranking on x

  “But we've heard your feedback loud and clear” - Opensea CEO Does he go on to announce they're bringing back royalties? Nope. Does he hint at a potential airdrop? Nope. He just reveals in the next tweet that they're laying off 50% of their staff to kick off “Opensea 2.0”... [imag…

• @pons_eth Pons Asinorum on x

  Weird.. I never thought being over-staffed as one of the problems OpenSea had

• @dfinzer Devin Finzer on x

  6/9 We're building a new foundation so we can innovate faster and we'll have some experiences to share with you soon. We will change how we operate - shifting to a smaller team with a direct connection to users. So today, we're saying goodbye to a number of OpenSea teammates.

• r/Buttcoin r on reddit

  OpenSea lays off 50% of staff.  The only problem is that it wasn't 100%.

• r/Superstonk r on reddit

  OpenSea cuts half of employees as CEO announces new direction