π« Tribeca Film Festival offers VIP passes as NFTs
Grant access to one-of-a-kind privileges
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Hey Waivly Crew!Β π Crypto.com has joined Coinbase by laying off 20% of its global workforce. Tribeca Film Festival has teamed up with OKX to sell VIP passes as NFTs.
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Want more from us at Waivly? Join Waivly+, the premium Waivly membership that gives you exclusive Web3, NFT, and crypto content, insights, news, resources, and so much more, all blended together into one super low-cost and quick to join membership π Click here to get onboard and to become a Waivly+ Crew member! Enjoy a huge 75% off saving on your membership by joining today.
Crypto.com cuts 20% of its workforce
Crypto.com is reducing about 20% of its workforce, as it navigates the ongoing crypto winter and the collapse of rival exchange FTX.
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According to a statement from Crypto.com co-founder and CEO Kris Marszale, βseveral factorsβ played into the groupβs decision to cut staff.
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"We grew ambitiously at the start of 2022, building on our incredible momentum and aligning with the trajectory of the broader industry. That trajectory changed rapidly with a confluence of negative economic developments," Marszale said.
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The group has more than 70 million users and a βstrong balance sheet, but over the past year, has had to βnavigate ongoing economic headwinds and unforeseeable industry events.β
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These layoffs come after the company laid off 5% of its workforce in mid-2022, following the collapse of the Terra ecosystem and crypto hedge fund Three Arrows Capital.
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"The reductions we made last July positioned us to weather the macroeconomic downturn, but it did not account for the recent collapse of FTX, which significantly damaged trust in the industry. Itβs for this reason, as we continue to focus on prudent financial management, we made the difficult but necessary decision to make additional reductions in order to position the company for long-term success," Marszalek added.
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The exchange is not the first crypto firm to announce layoffs this week. Coinbase also cut 20% of its staff, whileΒ Blockchain.comΒ andΒ Consyensys both let go of 100+ employees.
The Waves
π§Mutatant Ape Planet founder arrested
π Miss El Salvador wears Bitcoin outfit to Miss Universe 2023
π OpenAI could be valued at $29 billion
π§ Peter Schiff encourages investors to sell Bitcoin
NFT Special
Tribeca Film Festival and OKX offer VIP passes as NFTs
Tribeca Festival has teamed up with Seychelles-based crypto exchangeΒ OKX to launch the first-ever Tribeca Festival NFT pass for 2023.Β
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Minted on Ethereum, the VIP passes will grant access to special film screenings, parties with Tribeca co-founders Jane Rosenthal and Robert De Niro, and other one-of-a-kind privileges.
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Β βIt's exciting we've partnered with the Tribeca team to introduce a first-of-its-kind NFT pass. This allows festival goers to experience Web3 and ways to build on top of this unique technology," saidΒ OKX CMO Haider Rafique.Β "We're particularly looking to inspire artists to create more on Web3 and we'll keep our eyes out for individuals who will do more with this concept."
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The NFTs cost $899 and can be purchased directly on theΒ Tribeca websiteΒ using a credit card. The NFT artwork, designed by Jonathan Bartlett, was inspired by landscapes of Lower Manhattan, where this yearβs festival will take place on June 7th-18th.
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3 highly-antipcated NFT projects to follow in 2023
Weβre only 13 days into 2023, and itβs already an exciting year for the NFT space. Here are three highly-anticipated projects youβll want to keep an eye on this year!
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Beeple - unknown
Beeple, a world-famous digital artist and NFT creator, took to his socials on Thursday to tease a new project, dropping on March 11th.
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No details were shared, but the project may involve his studio in Charleston, South Carolina, which he is building for the entire digital art and NFT community.
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RugRadio x Cory Van Lew PFPs


The upcoming Rug Radio PFPs designed by Corey Van Lew will drop on February 6th, according to the media platformβs founder, Farokh.
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βThe Cory Van Lew and Rug Radio collaboration is a PFP project meant to represent the faces of Web3. With Rug Radio being one of the voices of Web3, we wanted to create the Faces of Web3 for people to be able to represent Rug Radio,β Farokh told NFT Now. βIn this market, people still want a PFP that represents something as part of their digital identity.β
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FEWOCiOUS - Fewos

Prominent NFT artist FEWOCiOUS dropped the first official trailer for FewoWorld and its accompanying NFTs - Fewos - on Twitter yesterday.
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FewoWorld is the first generative art project from the mind of FEWOCiOUS. The project is divided into three drops, Paint, Canvas, and Fewos, each playing a key role in the creation of FewoWorld.
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*Nothing mentioned by Waivly is financial advice or encouragement to get involved in a said project. Do your own research, and only invest in projects that you believe in.
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Want more from us at Waivly? Join Waivly+, the premium Waivly membership that gives you exclusive Web3, NFT, and crypto content, insights, news, resources, and so much more, all blended together into one super low-cost and quick to join membership π Click here to get onboard and to become a Waivly+ Crew member! Enjoy a huge 75% off saving on your membership by joining today.
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