SuperRare joins an increasing number of cryptocurrency businesses that have scaled back in order to survive in the face of volatile market conditions.
Numerous international cryptocurrency exchanges started cutting staff in April, with Coinbase firing 1,1000 workers in June.
Shortly after, the leading NFT marketplace OpenSea made about 20% of its staff redundant, which was followed by layoffs at cryptocurrency brokerages, trading companies, payment processors, and Web3 gaming studios.
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