OpenSea's 37 People Handle 98% Of All NFT Volume, Says Head Of Product



Nate Chastain, the head of product at the world’s largest nonfungible token (NFT) marketplace OpenSea, said that its 37 people are handling 98% of all NFT volume.


It has been reported that OpenSea is in need of staff as NFT mania continues to ramp up.

Chastain said that referral bonuses are also available.


He added:

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

However, the company’s careers page currently hosts a variety of open positions, ranging from business development directors to full-stack engineers to finance managers.


Chastain confirmed that OpenSea is desperate to expand its team:

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

Likewise, he stated that for technical positions, the interview process involves some practical coding exercises related to hypothetical OpenSea functionality.


He added:

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

The report said that the popularity of OpenSea has surged over the past couple of months as NFT mania ramps up again, which has largely been driven by CryptoPunks and Axie Infinity. DappRadar reports that OpenSea has generated $2.84 billion in trading volume over the past 30 days. Its daily volume hit an all-time high on Saturday of $224.6 million from 111,800 transactions over the 24 hour period.

Thus, OpenSea became a crypto unicorn in late July after raising $100 million in a funding round led by venture capital giant Andreessen Horowitz.


Source: Cointelegraph



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