OpenSea launched in 2017, when NFTs were an innovation. It operates on a model comparable to eBay (NASDAQ:EBAY) and Etsy (NASDAQ:ETSY) and accepts payment in Ether (ETH). It laid off 20% of its employees in July 2022, citing the crypto winter, after which it had a staff of 230, according to press reports at the time. A spokesperson at the pioneering marketplace told Cointelegraph by email:
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Source: Cryptocurrency - investing.com
