NFT Market Update - 15th July, 2022

OpenSea slashed 20% of its workforce. CEO, Devin Finzer, cited job cuts would allow the company to maintain five years of growth at current volumes under various potential downturn scenarios.

Following in Instagram’s footsteps, Snap is exploring ways to let artists show off their digital collectibles as AR filters on Snapchat.

The NFL will offer free NFT virtual commemorative tickets for attendees of over 100 regular-season games next season.

Jenkins the Valet is awarding almost 7,000 licencing opportunities to six different communities for a fiction podcast.