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📈 Reddit files to go public
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📈 Reddit files to go public

Filed a confidential S-1 with the SEC

Dec 16, 2021
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Hey Waivly Crew! 🌊 Rarible now supports the Tezos blockchain network, following its integration with the Flow blockchain protocol in mid-November. On Wednesday, Reddit announced that it started the process of taking the company public.

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This Waivly edition is brought to you in partnership with Lloyd, the career copilot platform that gives you personalised career coaching advice, and keeps you accountable to your career goals by giving you friendly and expert guidance, helping you achieve them in record time. Try it for free here.


NFT Marketplace Rarible launches integration with Tezos

Tezos is live on Rarible.com! Check out Blazing Futures community drop,  Ubisoft NFTs —and start
Rarible

NFT marketplace Rarible has launched its integration with energy-efficient, proof-of-stake blockchain Tezos after announcing the plan last month.

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The integration with Tezos is Rarible’s third supported blockchain, following Ethereum and Flow. Rarible will now feature Tezos NFTs on its marketplace and support secondary sales of projects that live in the Tezos ecosystem.

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Rarible now also supports secondary sales from Ubisoft’s Digits, which are in-game collectibles with active utility value for players. Many gamers and even Ubisoft developers aren’t a fan of the company’s decision to add NFTs to its games, but Rarible co-founder and product head Alex Salnikov sees the move as a natural step.

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Starting today, Rarible and Tezos will also launch an exclusive NFT collection called Blazing Futures that offers ten interpretations of the future of art, society, and crypto.


Reddit files to take the company public

Reddit confidentially files to go public | Reuters
Reddit

Yesterday Reddit announced that it has started the process of taking the company public.

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The 16-year-old site has filed a confidential S-1 with the Securities and Exchange Commission. Reddit has yet to determine how many shares it plans to sell or the price of the shares.

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In August, the company raised $700m in new funding, valuing it at more than $10 billion. Later in the month, Reddit CFO, Drew Vollero, told The New York Times that the company was “still planning on going public”, but didn’t have a firm timeline yet, adding, “All good companies should go public when they can.”

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At the time of its previous funding round, Reddit revealed it had made $100 million in ad revenue for the second quarter of 2021, a 192% increase from the previous year.


The Waves

👚 Dapper Labs partners with Genies to launch avatar NFT platform

🤑 CloneX #13962 sold for 288 ETH ($1M)

👀 The Sandbox's co-founder believes big tech threatens the metaverse

🎁 CashApp lets users gift Bitcoin for the holidays


Hustle Special

Consistency is an important habit

Do you ever wonder how you’re working just as hard as everyone else but they are achieving more faster? It’s probably because they stay consistent.

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One of the reasons some entrepreneurs fail is because they are dedicated to becoming perfect, something that is impossible. Instead of trying to be perfect, stay consistent no matter what obstacles come your way on your path to success.

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Consistency is an important habit to have because it helps you stand out. When you work hard and your efforts are consistent, you’ll soon realize how farther ahead you are than your competition. This will help attract opportunities that would never have been possible without staying consistent.

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Everyone has the same amount of time in the day, but your success depends on how you use it. It might seem like a waste of time, but spend 15 minutes and write down the main tasks you want to achieve every day. Outlining what tasks are most important helps you focus on them and figure out the steps needed to achieve them.


Kraken CEO reveals his prediction for Bitcoin

Kraken CEO Jesse Powell Issues Tough Critique of 'Reckless' DeFi Launches -  CoinDesk

In a recent interview with Bloomberg, Kraken CEO Jessee Powell said that there’s a possibility of Bitcoin dropping below $42,000.

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In the past, Powell predicted that Bitcoin would hit $100,000 by the end of 2021, but now that there are only a few weeks left in the year, and Bitcoin is currently trading around $47,000, he’s not so sure anymore.

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Despite the possible crypto winter, Powell believes that if Bitcoin drops below $40,000, it would offer a buying opportunity for traders:

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“I think a lot of people see anything under the $40,000 as a buying opportunity. I was personally buying when we dipped back to $30,000 a few months ago. A lot of people have some dry powder on the sidelines just waiting to come back in at rock-bottom prices.”

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The Kraken CEO still believes Bitcoin is a good investment that should be considered more of a “five-year plus investment” than something you hold for a short period.


Own and secure your crypto

If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.

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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.

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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.


Share The Wave

That wraps up today's newsletter. Thank you for reading through, and we hope you liked today's content. Know someone else who would enjoy this newsletter just as much as you do? Send them to our website, and get them onboard the Waivly Crew and involved in The Wave. Get more from us on Twitter, Instagram, and LinkedIn.

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Want more from us at Waivly? Join Waivly+, the premium Waivly membership with exclusive content, resources, giveaways, events, and so much more, all blended together into one super low-cost and quick to join subscription 🎉 Head over to our website and hit “Subscribe” to get onboard!

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*Waivly+ is a premium Waivly membership. Join at anytime by clicking “Subscribe” on the Waivly website, and cancel anytime by heading to your account on Waivly.

*Waivly is an official affiliate of Ledger. See our Ledger Affiliate notice here.

*This Waivly edition is sponsored by Lloyd.

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