Alex Atallah, co-founder of OpenSea, a leading marketplace for non-fungible tokens (NFTs), tweeted today that he will step away from the company that he co-founded, while remaining on the board.
His last day will be July 30.
Atallah, who co-founded the New York-based company in 2018 with CEO Devin Finzer, is worth $2.2 billion, according to his Forbes profile.
In an update that he had shared with his team, Atallah said that he was ready to turn his attention back to his “primary passion: building something from zero to one.”
After taking at least a month off in August, trying to do nothing, Atallah said, he will get back into crypto and build new things.
“If I’ve learned anything about this space in my time at OpenSea, it’s that the best companies and the best ecosystems are one and the same,” he said.
Earlier this month, OpenSea CEO Finzer said the NFT marketplace was redoubling its efforts to curb fraud and plagiarism on the platform.
Correction: A previous draft and headline incorrectly identified Alex Atallah as CTO of OpenSea.
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Mike Millard has worked as an editor for Bloomberg and Reuters, various newspapers and websites. He lived in Asia for more than two decades and now calls the Greek island of Corfu home. He is the author of three books.