Dapper Labs Reduces Staff by 22% as NFT Market Crashes

As the cryptocurrency bear market continues to impact Web3 firms, one of the prominent names in the Non-Fungible Token (NFT) sector is drastically cutting its staff. Dapper Labs’ founder and Chief executive, Roham Gharegozlou, revealed late Wednesday that the renowned Web3 firm cut its staff by 22%. Dapper Labs to Reduce Staff Gharegozlou stated in a statement to staff that was publicly available online that these cutbacks are the last thing thing that they would like to do. However, they are vital for long-term sustainability. He further stated that Dapper Labs is aware that web3 and cryptocurrency are the future The post Dapper Labs Reduces Staff by 22% as NFT Market Crashes appeared first on Cryptoknowmics-Crypto News and Media Platform.