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Unchained

The Chopping Block: Did Blur Cause a Decline in the NFT Market? - Ep. 567

Nov 9, 2023
Dive into the wild world of crypto as insiders discuss the quirky 'unhinged scale' for ranking crypto personalities, with SBF topping the chart. They tackle the impact of layoffs in the industry and ponder if these could have been foreseen. The intriguing influence of Blur on the declining NFT market sparks debate, while the recent BAYC Apefest reveals unexpected challenges. Solana's impressive resilience and community spirit during tumultuous times are also highlighted, showcasing its rise amidst chaos.
01:06:38

Podcast summary created with Snipd AI

Quick takeaways

  • The recent layoffs in the crypto industry raise questions about the ability of companies to navigate the volatile market.
  • Solana's unique and thriving ecosystem has attracted developers and contributed to its success.

Deep dives

Layoffs in the Crypto Industry

Several companies in the crypto industry, including OpenSea, Crato, and Ava Labs, have recently announced significant layoffs. While some argue that these layoffs are a delayed response to market challenges, others question whether they signal a new wave of downsizing. The volatile nature of the crypto market and the cyclical nature of hiring and layoffs in the industry make it a challenging environment for companies to navigate. OpenSea, in particular, has faced criticism and scrutiny for its internal practices and recent layoffs.

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