Solana Metaplex, an ecological NFT platform, announced the layoffs but stated that the collapse of FTX had not directly affected its financial position. Stephen Hess (CEO of Metaplex, Solana’s eco-NFT platform), announced today on Twitter that the company had laid off employees. However, he did not reveal the exact size of the layoffs. “We made the hard decision

  

Solana Metaplex, an eco-NFT platform, has announced the layoffs but said that the collapse of FTX had not directly affected its financial position. Stephen Hess, CEO at Metaplex, Solana’s eco-NFT platform, made the announcement on Twitter. He did not specify the size of the layoffs.
“We made the difficult decision today that we would part ways with several members the Metaplex Studios team.”
He stated that although the company’s financial position wasn’t directly affected by the FTX crash but that the market’s indirect impact was enormous, he maintained that they had to reconsider a more cautious approach for the future. Future. As previously reported, Metaplex announced that it had raised $46 million in funding. However, he said that the company’s financial position was not directly affected by the FTX crash. However, the indirect impact on the market was huge and forced them to reconsider a more cautious approach in the future. This amount is less than 1% of the Solana Foundation cash and cash equivalents. It has a negligible effect on the Solana Foundation. The fund does not deposit SOL on FTX.com. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comFoxyCoincu NewsTags: # Cryptocurrencies#MarketsBlockchaincryptoFTXLay OffMetaplexNFTnft platformSolana