Nearly 11 months after its inception in July 2022, Reddit’s collectible avatars, or “Reddit NFTs,” are nearly 10 million holders. Dune Analytics estimates that as of right now, there are 9,909,465,000,000 people who own Reddit collectible avatars. There are around 7.7 million people who have just one collective avatar wallet.
Sandeep Nailwal, the co-founder of the world’s largest blockchain ecosystem, Polygon, has taken to the popular online platform Reddit to engage with the community, hosting an “Ask me anything” (AMA) session that provided a unique opportunity for individuals to interact with him and delve into his visionary mind. On May
Polygon, the decentralized Ethereum scaling platform, overtakes Solana in NFT sales volume. Polygon jumps to the second rank, whereas Solana is at the third rank. Ethereum holds the top spot in the sales volume ranking. Polygon’s sales volume is around $2,469,752, with an increase of 133.06% in the last 24
The viral memecoin FLOKI is now a payment option across various social media platforms — Twitter, Discord, Reddit, GitHub, and Twitch. This integration is enabled and facilitated by Pip, a Solana-based crypto payment platform. #FLOKI adoption continues! The PIP integration of $FLOKI allows users to send and receive #Floki on
Reddit Avatar’s Drop, season 3, is going to take place on the 10th of April. This announcement about the 3rd generation of Reddit Non-Fungible Tokens (NFT) is receiving positive feedback from the online discussion forum participants. Reddit is deploying their new contracts, Gen 3 of the avatars are on their
Jaime Rogozinski, the founder of WallStreetBets (WSB), filed a complaint against Reddit this week, saying that the platform violated his trademark rights by removing him as a moderator in 2020. Established in 2012, WSB quickly became known on Reddit as the place to go to see risky stock trades. Members
In recent months, Reddit’s Collectible Avatars initiative has provided millions of users with free NFTs, making it a model of efficiency as a Web3 on-ramp. Reddit is ready to achieve yet another landmark owing to a new partnership with the NFL on free Super Bowl NFTs. Since its release on
Ethereum’s total transactions have more than quadrupled that of Bitcoin. However, BTC remained the most popular crypto in 2022. And, despite the fact that ETH has received more transactions, Bitcoin has remained in the same position. BTC remains the undisputed monarch. According to data from Nasdaq and Ycharts posted on
Reddit’s foray into tokenized avatars has been a ray of light in an otherwise gloomy crypto market. With NFT sales falling and the broader crypto market in disarray. Now, the Polygon-based project has reached a new milestone with more than 5 million collectibles having been minted so far. Furthermore, based
While the cryptocurrency market is surrounded by lots of scandals Reddit’s Non-Fungible tokens (NFT) collection achieved an all-time high on December 3. A total of 255,000 Reddit NFT avatars were minted in a single day. In addition, more than 200,000 Reddit avatars were minted each day on Aug. 30 and
