OpenSea: Team Handling 98% Of Combined NFT Volumes

OpenSea Product Manager Nate Chastain made a call for help. He said that the popular marketplace currently has just 37 employees, despite currently the company is handling 98% of all NFT volumes. OpenSea is the world’s largest non-fungible token (NFT) marketplace. It is in dire need of employees as the NFT craze is continuously growing. Nate Chastain also said that they have also availed referral bonuses stating, “Will pay 1 ETH to anyone who connects us to engineers or designers that we hire”.

The careers page of OpenSea offers a wide range of job opportunities, from business development managers to full-stack engineers and finance managers. Nate confirmed on Twitter that OpenSea is looking to expand its team:

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

Furthermore, he said that for technical positions, the interview process includes some hands-on coding exercises. They are related to hypothetical OpenSea functionality further saying that, “We don’t want to over-index on interview skills/algorithm work. We evaluate candidates holistically”. OpenSea has grown in popularity in recent months as the NFT craze resumed, largely fueled by CryptoPunks and Axie Infinity.

OpenSea Reaching A Record High

Recent reports from DappRadar show that OpenSea has generated a trading volume of $2.84 billion over the past 30 days. Its daily volume on Saturday reached a record high of $224.6 million with 111,800 trades in just one day. OpenSea is the largest consumer of Ethereum network fees in the world according to Etherscan’s Gas Tracker. In the last 24 hours, it generated 21.6% of the total transaction fees for Ethereum, bringing the total to $ 5.8 million, which is more than Uniswap and Tether combined.

In the last month, almost $900 million had been spent on NFT that resulted in a record month for August. OpenSea became a crypto unicorn at the end of July after raising $100 million in a funding round. It was led by venture capital giant Andreessen Horowitz.