RTFKT, the digital wearables NFT startup Nike acquired in 2021, is shutting down by the end of January 2025; DefiLlama: RTFKT brought in nearly $50M in earnings
an early Web3 fashion success story — is folding Jason Newey / NFT News Today : Nike-Owned RTFKT to Shut Down Operations by January 2025 Brayden Lindrea / Cointelegraph : Nike-owned NFT wearables RTFK...
OpenSea lays off ~50% of staff and is moving to “OpenSea 2.0”; after laying off 20% of its workforce in July 2022, the NFT marketplace said 230 staff remained
including the underlying technology, reliability, speed, quality, [and] experience” and to achieve this upgrade they are laying off half the employees at the company. OpenSea was valued at $13.3 bill...
OpenSea lays off ~50% of staff and is moving to “OpenSea 2.0”; after laying off 20% of its workforce in July 2022, the NFT marketplace said 230 staff remained
A company representative told Decrypt that approximately 50% of employees were impacted across the company.
Yuga Labs, the creator of Bored Ape Yacht Club and other prominent NFTs, restructures, lays off some US staff, and is still evaluating its international teams
Yuga Labs is announcing a restructuring that will better focus our team on our core priorities. James Cirrone / Blockworks : Crypto hiring: Major layoffs at Yuga Labs, Ledger and Chainalysis this week...
Yuga Labs, the creator of Bored Ape Yacht Club and other prominent NFTs, restructures, lays off some US staff, and is still evaluating its international teams
Yuga Labs is announcing a restructuring that will better focus our team on our core priorities. James Cirrone / Blockworks : Crypto hiring: Major layoffs at Yuga Labs, Ledger and Chainalysis this week...
Creator monetization platform Fanhouse agrees to sell to rival Passes, which only launched in December 2022, but some creators are apprehensive about the merger
if you do, it will be a secure transfer - Fanhouse will continue to run until the transition and will continue to run for some time after Lucy Guo / @lucy_guo : For those worried about their livelihoo...
Sources: Meta rehires veteran manager Nick Grudin, who left to join NFT startup Dapper Labs in August 2022, to oversee media and creator relationships
Meta Platforms CEO Mark Zuckerberg' effort to cut back on middle managers isn't stopping the company hiring more middle managers. Tweets: @sylviavarnham See also Mediagazer Tweets: Sylvia Varnham O'Re...
Meta plans to wind down its work on NFTs “for now” to focus on other ways of supporting creators and will continue working on Meta Pay
- Meta is ditching its NFT efforts, for now, according to executive Stephane Kasriel. — Meta is ditching its pursuit of NFTs as the company looks …
Current and former Dapper Labs staff say CEO Roham Gharegozlou's bullying and extravagant spending hurt the NFT startup amid layoffs and a prolonged bear market
Current and former Dapper Labs staff say bullying and lavish spending by CEO Roham Gharegozlou has hurt the NFT startup amid layoffs and a prolonged bear market
- Dapper Labs CEO and co-founder Roham Gharegozlou's extravagant spending and habit of bullying employees … Tweets: @fintechfrank , @nftethics , @aaronbronsteter , and @evan_van_ness Tweets: Frank Cha...