OpenSea CFO Brian Roberts announced through a LinkedIn post on October 7 that he is leaving OpenSea after ten months of service and would remain as a consultant to the company moving forward.
OpenSea is one of the popular NFT trading platforms in the Industry. The majority of the NFT projects and collectibles are posted on this platform because of the huge amount of users. To this day, OpenSea includes trading blockchains such as Ethereum, Polygon, Solana, Arbitrum, and Klaytn.
Aside from OpenSea, Roberts also served as CFO at Lyft for seven years. In addition, he also held multiple corporate roles at Microsoft and Walmart. During his time at OpenSea, his main focus was to expand the finance team. He was also one of the tech veterans who joined Web3 over the years along with Sujorit Chatterjee (Google’s former Vice President) and Pravijit Tiwana (Amazon’s former executive).
Roberts is currently working with the CEO Devin Finzer and VP of strategic finance Justin Jow to make sure that the transition will go smoothly. There’s also a big chance that Justin Jow might take over the executive position that has also been left by another OpenSea executive.
On the other hand, OpenSea’s Vice President of Business Development Ryan Foutty also resigned from the position on the same day after eighteen months of service.
Since the announcements, the NFT trading volume has decreased to 98%. The NFT marketplace had setbacks as well including a huge drop in daily trading volume and staff reduction in July.
