Reddit’s Gen 3 NFTs Bring Cutting-Edge Innovation To Polygon

Key Points:

• Reddit launches 3rd gen blockchain-based digital collectibles called “Reddit Avatars” on Polygon.
• The avatars generated thousands of dollars in sales for the artists in August 2022.
• The new drop has the potential to be sold out “within minutes,” according to a collector who participated in the first and second generation of avatars.

In July of 2022, non-fungible token (NFT) avatars were first introduced to the public. These avatars were created to empower artists to create and sell their work.

Additionally, users who purchase a collectible have the option to use it as their avatar on Reddit’s website. Only a month later in August of the same year, the avatars were made available to the public, and they were an instant success. Thousands of dollars in sales were generated for the artists who created them.

Recently, on April 5th, Reddit deployed the contract for the Gen 3 avatars on the Polygon blockchain, which resulted in various users predicting that the avatars would sell out within minutes. This level of excitement has led to much discussion on Reddit, with many collectors expressing their thoughts on the much-anticipated drop.

One collector who participated in collecting the first and second generation of avatars expressed their excitement and mentioned that the new drop has the potential to be sold out within minutes. Meanwhile, other users praised Reddit’s marketing efforts for successfully changing the narrative and converting anti-NFT users to neutral and pro-NFT.

The introduction of NFT avatars has been a revolutionary concept that has taken the art world by storm. With the continuous development of the technology, it is expected that NFTs will become more accessible to the public and will continue to generate interest and revenue for artists.

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Annie

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