NFT Industry SuperRare Cuts 30% Of Team - TechCrunch

NFT Industry SuperRare Cuts 30% Of Team – TechCrunch

The NFT market SuperRare is reducing 30% of its personnel, according to a Slack message from CEO John Crain. Crain published a screenshot of the message on Twitter.

” During the current bull run, we expanded in tandem with the marketplace. In current months, it’s ended up being clear that this hostile development was unsustainable,” Crain created. “We over-hired, and also I take complete possession of this blunder.”

TechCrunch connected to Crain for remark.

SuperRare increased a $9 million Series A in March 2021, led by Velvet Sea Ventures as well as 1confirmation. The round additionally consisted of celeb financiers like Mark Cuban, Marc Benioff an