NFT News

Reddit Introduces Blockchain-Backed Collectible Avatars as NFTs

  • Reddit announces an NFT collection of its own with Collectible Avatars.
  • Together with Storefront and the Polygon network, artists can make the best of their work.
  • Interested parties do not need cryptocurrency to buy these NFT avatars.

Reddit is thrilled to announce the introduction of an NFT-based avatar marketplace. This platform will arrive in partnership with the Polygon network. It will also be brought to users by New Storefront.

Read CRYPTONEWSLAND on google news

The blockchain-backed collectible has enticed Redditers everywhere. As we can see from responses to the tweet, most users are excited to see how fast the community has grown. The majority are already pumped to begin minting their NFT avatars. 

In detail, Reddit launched a new avatar builder about two years ago. This allowed its users to generate and customize their very own unique personal avatar. After this, they provided accessories, hairstyles, and outfits to further boost identity expression.

All this attention and adoption led Reddit to this conclusion — giving Reddit artists their license to create any style of avatar. Artists can now showcase their art to all of the Reddit community. With the new Collectible Avatars, artists can earn via their work. 

Thus, the Collectible Avatars series will act as limited-edition avatars created by independent artists. In partnership with Storefront, Reddit will allow users and owners to benefit from special perks on the platform. 

For instance, if a user sets a creator’s Collectible Avatar as their personal avatar on Reddit, then they can also mix and match the avatar gear from another Reddit avatar’s accessories or gear. In turn, their profile image will have a glow-like effect in the comments section. 

So, what differentiates Collectible Avatars from other Reddit avatars? To specify, Collectible Avatars can be bought and artists will receive payments for every Collectible Avatar sold. That being said, Collectible Avatars are also available for free via Reddit Premium. 

Other factors are that Collective Avatars are backed by blockchain technology. In fact, buyers also purchase rights to use the artwork on and off of Reddit. Lastly, interested parties do not need crypto to purchase any Collectible Avatar. Finally, none will be put up for auction and they will all be available at a fixed price.

Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

Recent Posts

Sui Network Responds to Token Supply Concerns

Sui Network addresses token concerns, emphasizes transparency and third-party custody refuting Bons' claims. #SuiNetwork #Transparency…

6 mins ago

Your Ticket to Millionaire Status: Top 5 Cryptos to Buy in 2024

Discover the promising cryptocurrencies that could pave the path to millionaire status in 2024. #Crypto…

2 hours ago

Unlocking Crypto Assets May 2024 Revealed: Are you Buying or Selling?

🚀 Brace for impact! $3.56 Billion worth of crypto assets unlocked in May 2024! Are…

2 hours ago

Jack Dorsey’s $21M Boost Fuels Bitcoin and Nostr Development

Jack Dorsey's $21M donation to OpenSats fuels Bitcoin & Nostr tech expansion. $15M for Bitcoin,…

3 hours ago

Chainlink (LINK) Price Analysis – Polygon (MATIC) On Notice As Algotech (ALGT) Presale Soar Pasts Its Target

Get the latest Chainlink price analysis here. Polygon faces challenges, while Algotech's presale breaks records.…

3 hours ago

The Epic Debate: Bitcoin vs. Gold – Which Holds More Value?

🔥 Epic showdown: Bitcoin vs. Gold! Who will emerge as the ultimate investment king? 💰…

4 hours ago