OpenSea Co-Founder Alex Atallah Resigns To “Focus On New Ventures”

alex atallah opensea

Alex Atallah, OpenSea‘s co-founder, officially announced his resignation on Twitter. According to Atallah, he will resign in August to “focus on new ventures.” Despite the resignation, Alex Atallah confirmed that he still wants to remain on OpenSea’s board to advise the team and serve as the platform’s ambassador.

alex atallah opensea

OpenSea’s co-founder Alex Atallah is seeking new opportunities away from OpenSea.

Why is the co-founder resigning?

When OpenSea was still a new company, Alex Atallah was juggling many roles, including marketing community support and business development. However, after the NFT boom in 2021, the platform became the world’s go-to NFT marketplace.

As a result, the company began looking for other people to fulfill newly created leadership roles. When Nadav Hollander was appointed CTO and Marko Iskander became the new VP of Engineering, Atallah was relieved of many of his previous responsibilities.

Alex Atallah’s statement

In a blog post, titled “New Beginnings”, Alex Atallah mentions: “My last day will be July 30, and I’ll remain on the board. I’m more excited than ever about OpenSea’s opportunity, direction, and the leadership team at its helm. With a great foundation in place, I feel ready to turn my attention back to my primary passion: building something from zero to one.”

“OpenSea will always be a part of me. I couldn’t possibly stop thinking about the exciting problems we solve every day, even if I tried. Devin has done an incredible job stewarding OpenSea to heights we never predicted. And now that we have all of you, I know I can venture on – with full confidence that you’ll continue building and growing OpenSea in the right direction.”

After a well-deserved sabbatical month, Alex Atallah hopes to start new ventures. He also mentioned that he will return to crypto and build new things in the sector.

Alex Atallah’s resignation comes after a series of OpenSea scandals. At the end of June, many OpenSea users fell victim to data breaches. This forced the NFT marketplace to send emails to users and inform them of what happened.

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