SuperRare cuts 30% of staff as growth slows during crypto winter

Non-fungible token (NFT) marketplace SuperRare has announced a 30% staff-member cut as CEO John Crain explained that the firm mistakenly over-hired during the last bull market.

In a Jan. 7 tweet, Crain shared a screenshot of his message to SuperRare’s Slack channel announcing the 30% cut, stating that he had “some tough news to share.”

“Startups are a balancing act of managing rapid growth while doing everything possible to conserve limited resources. During the recent bull run, we…

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