JUST IN: OpenSea confirms acquisition of Dharma, sets sights on fiat onramps by fintechfrank
Dharma Lab’s Hollander picked for CTO role
"Our teams share a vision that NFTs will be the cultural focal point of crypto's adoption for years to come — and that vision can only be realized if using NFTs becomes easy & delightful for the average person," OpenSea co-founder Devin Finzer said in a blog post shared with The Block. "Nadav’s impact will be wide-reaching, but his initial mandate will be two core priorities: improving the technical reliability and uptime of our products, and building web3-native mechanisms for engaging with and rewarding our early and loyal community," Finzer said.
Still, scooping up Dharma's UX know-how could expedite OpenSea's own efforts to simplify and expand the way in which users can purchase digital collectibles and art. OpenSea told The Block that introducing new and accessible purchasing options, including fiat options, is top of mind for the firm.
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