In contrast to the speculative models built around collectability and cultural presence, utility-driven NFTs focus on ...
Reddit is bringing NFTs into the fold with a project selling “Collectible Avatars” crafted by independent artists. Users are able to purchase designs for traditional fiat currencies and they’ll be ...
You can call it a "collectable avatar" but it's still a blockchain-based image sold with an exclusive license. An NFT by any other name still can't be fung-ed. Reading time 3 minutes It looks like an ...
Social media platform Reddit continues exploring digital collectibles despite a significant downturn in the nonfungible token (NFT) industry. According to an official announcement on ...
At the beginning of July, Reddit announced a foray into the NFT world through the introduction of Collectible Avatars: custom avatar profile pictures and effects that appeared next to users’ accounts ...
Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate. The company said that you need not have a crypto wallet to ...
During NFT NYC this past June, Reddit cofounder Alexis Ohanian made a surprise remote appearance to announce the latest company for which his VC firm 776 opened a lead round of funding–a company that ...
Reddit’s nonfungible token (NFT) collection hit another milestone on Dec. 3, with a record 255,000 of its “avatars” minted in one day. The new minting record beat the previous all-time highs on Aug.
Reddit users are pumping the platform’s Polygon-based NFT collections, with cumulative sales volumes of the avatar collectibles topping $6.5 million on Tuesday. According to data from secondary ...
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