{"id":137152,"date":"2021-08-30T17:45:27","date_gmt":"2021-08-30T17:45:27","guid":{"rendered":"https:\/\/precoinnews.com\/?p=137152"},"modified":"2021-08-30T17:45:27","modified_gmt":"2021-08-30T17:45:27","slug":"openseas-team-of-37-staff-are-currently-handling-98-of-combined-nft-volumes","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/openseas-team-of-37-staff-are-currently-handling-98-of-combined-nft-volumes\/","title":{"rendered":"OpenSea\u2019s team of 37 staff are currently handling 98% of combined NFT volumes"},"content":{"rendered":"
OpenSea\u2019s Head of Product Nate Chastain posted a plea for help, revealing the popular marketplace currently comprises just 37 people despite currently processing 98% of all NFT volumes.<\/p>\n
The world\u2019s largest nonfungible token marketplace, OpenSea, is desperately in need of staff as NFT mania continues to ramp up.<\/p>\n
Chastain added that referral bonuses are also available, stating: \u201cWill pay 1 ETH to anyone who connects us to engineers or designers that we hire.\u201d<\/p>\n
The company\u2019s careers page currently hosts a variety of open positions, ranging from business development directors to full-stack engineers to finance managers. Chastain confirmed on Twitter that OpenSea is desperate to expand its team:<\/p>\n
\u201cTrying to supplement our hiring process with some guerrilla recruiting due to the pressing need for manpower.\u201d<\/p><\/blockquote>\n
He stated that for technical positions, the interview process involves some practical coding exercises related to hypothetical OpenSea functionality, adding: \u201cWe don’t want to over-index on interview skills\/algorithm work. We evaluate candidates holistically.\u201d<\/p>\n
The popularity of OpenSea has surged over the past couple of months as NFT mania ramps up again, largely driven by CryptoPunks and Axie Infinity.<\/p>\n
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 Aug. 28 of $224.6 million from 111,800 transactions over the 24 hour period.<\/p>\n
Related:<\/em><\/strong> <\/em><\/strong>OpenSea trading volume explodes 76,240% YTD amid NFT boom<\/em><\/strong><\/p>\n
According to Etherscan\u2019s Gas Tracker, OpenSea is the largest consumer of Ethereum network fees. Over the past 24 hours, it has generated 21.6% of the total transaction fees for Ethereum, resulting in a total of $5.8 million, more than Uniswap and Tether combined.<\/p>\n
As reported by Cointelegraph on Aug. 27, almost $900 million had been spent on NFTs over the past 30 days resulting in a record month for August.<\/p>\n
OpenSea became a crypto unicorn in late July after raising $100 million in a funding round led by venture capital giant Andreessen Horowitz.<\/p>\n