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With Alex Atallah, Finzer developed and pitched WifiCoin, which would offer tokens in exchange for sharing access to a wireless router. The pair pitched the concept to Y Combinator and were accepted. Inspired by the release of CryptoKitties, the pair pivoted to the non-fungible token market, founding OpenSea in December 2017. [2]
On July 14, 2022, chief executive Devin Finzer tweeted that the company was cutting one in five of its employees. [ 27 ] [ 28 ] The daily volume of NFT transactions on OpenSea peaked at $2.7 billion on May 1, 2022, but then dropped by 99% within four months to just $9.34 million on August 28, with daily users down a third to 24,020.
“We need to prepare the company for the possibility of a prolonged downturn,” Devin Finzer, CEO of OpenSea, tweeted on Thursday.
Devin Finzer, the CEO of OpenSea, announced on Friday that one of the largest non-fungible token marketplaces had laid off approximately 50% of its staff—roughly 100 people. “We’re ...
(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
Field is an angel investor in venture-backed startups, including OpenSea (founded by Devin Finzer, a friend of Field's from Brown), [12] Loom, [13] Warp, [14] and Netlify. [15] Field is also an NFT collector. Field purchased his first CryptoPunk NFT in January 2018. He later described himself thinking at the time, "this is probably the ...
On 15 March 2022, Animoca Brands announced it would shut down the F1 Delta Time game the next day. [21] [22] The game had previously been lucrative, holding the record for the most expensive NFT of 2019 and with some transactions exceeding $300,000. Sales within the game had flat-lined for the two years preceding the game's closure.
Devin Haney -910 vs. Ryan Garcia +575, WBC junior welterweight title John Ramirez vs. David Jimenez, WBA interim flyweight title Arnold Barboza Jr. vs. Sean McComb, junior welterweight