Reddit is releasing a series of limited-edition blockchain-based avatars made by independent artists — but is stopping short of calling them NFTs.
Reddit plans to release a series of blockchain-based “Collectible Avatars” in the coming weeks — but isn’t calling them NFTs.
Reddit is releasing a series of limited-edition blockchain-based avatars made by independent artists – but is stopping short of calling them non-fungible tokens ., Collectible Avatars will be released in the coming weeks on the Polygon blockchain, which the social network said was chosen for its low transaction costs and sustainability commitments.
“In the future, we see blockchain as one way to bring more empowerment and independence to communities on Reddit. Reddit has always been a model for what decentralization could look like online; our communities are self-built and run, and as part of our mission to better empower our communities, we are exploring tools to help them be even more self-sustaining and self-governed.
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