Roham Gharegozlou, Founder and CEO of Dapper Labs, had announced that the well-known Web3 studio had slashed 22 percent of its staff. This news comes mere hours after reports that Dapper Labs' most popular NFT marketplace, NBA Top Shot, hit a nearly two-year low for monthly sales amid a worsening Macroeconomic Environment. Recently, the company also closed several high-profile deals, including the football version of NBA Top Shot, dubbed NFL All Day, and developing NFT tickets with Ticketmaster.