Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

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Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more
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China's anti-lockdown protesters are being heard, crypto-style. At least two NFT collections depicting the protests have emerged on the NFT marketplace OpenSea.

The protests intensified on Nov. 24 as a fire that day in a high-rise building in the northeastern city of Urumqi killed 10 people.

Some Chinese internet users believe residents weren’t able to escape due to extreme lockdown measures which have included authorities wiring or welding doors shut.NFT company Candy Digital has reportedly laid off a sizeable portion of its workforce amid turbulent crypto market conditions and a massive dip in NFT trading volumes this year.from the sports industry outlet Sportico.

It’s unclear the reason for the layoffs and if any particular departments were affected as Candy Digital has not publicly addressed the layoffs. The former community content manager at Candy Digital, Matthew Muntner, in a Nov. 28 Twitter post publicly confirmed he was part of the staff cuts:but I was part of the layoffs that occurred earlier today.Thanks, Candy Fam for one hell of a ride ❤️Cointelegraph contacted Candy Digital for comment but did not receive an immediate response.

Candy Digital was launched in June 2021, backed by sports e-commerce store Fanatics, crypto-friendly entrepreneur Gary Vaynerchuk and Galaxy Digital CEO Mike Novogratz. The company quickly gained partnerships with sports leagues including Major League Baseball, NASCAR’s collaborative Race Team Alliance, and several college athletes. It wasCandy Digital’s layoffs follow others across technology firms such as NFT protocol

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