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OpenSea Seeks More Personnel, As NFT Mania Continues To Ramp Up

source-logo  cryptovibes.com 30 August 2021 17:19, UTC

Reports confirm that the world’s largest non-fungible token marketplace, OpenSea, is urgently hiring more staff as NFT mania continues to ramp up. OpenSea reportedly appears desperately in need of more staff following an exponential surge in trading volume, with only 37 personnel currently serving on the platform.

In an August 31 Twitter blog post, Nate Chastain, Head of Products at OpenSea, pleaded for urgent personnel help, revealing that the popular non-fungible marketplace currently only has 37 staff members handling 98% of all NFT volumes.

We need to ramp up hiring at OpenSea. We are 37 people handling 98% of all NFT volume.

Referral bonus: Will pay 1 ETH to anyone who connects us to engineers or designers that we hire. Resumes to [email protected]

Candidates: Use https://t.co/adazqldv91 directly.

— Nate Chastain (natec.eth) (@natechastain) August 29, 2021

Chastain also revealed that the NFT platform would offer referral bonuses to any individual upon successful hiring, stating:

 “We will pay 1 ETH to anyone who connects us to engineers or designers that we hire.”

OpenSea has also published a range of open positions on its career page, ranging from business development directors to full-stack engineers to finance managers.

In a subsequent blog post, Chastain desperately insisted that OpenSea urgently need to fill these positions as soon as possible, mentioning:

 “Trying to supplement our hiring process with some guerrilla recruiting due to the pressing need for manpower.”

While clarifying about the interview process, Chastain maintained that the interview would involve some practical coding exercises related to hypothetical OpenSea functionality for technical positions, adding:

 “We don’t want to over-index on interview skills/algorithm work. We evaluate candidates holistically.”

According to the latest market analysis, the popularity of OpenSea has grown exponentially over the past several months as NFT mania ramps up again. Notably, the platform is largely driven by CryptoPunks and Axie Infinity.

Based on data acquired from DappRadar, OpenSea has generated roughly $2.84 billion in trading volume over the past 30 days. Remarkably, OpenSea reached an all-time high in daily volume on August 28 at $224.6 million, with the platform making 111,800 transactions over the 24 hours.

In a related analytic report, OpenSea has emerged as the largest consumer of Ethereum network fees, according to Etherscan’s Gas Tracker. Over the past 24 hours, OpenSea has generated 21.6% of the total transaction fees for Ethereum, resulting in a total of $5.8 million surpassing both revenues of Uniswap and Tether combined.

As of August 27, nearly $900 million had been spent on NFTs, resulting in a record month of August. OpenSea gained a crypto unicorn status in late July after successfully raising $100 million in a funding round led by venture capital giant Andreessen Horowitz.

cryptovibes.com