CDS Crypto News Reddit Gen 3 NFT Avatars on Polygon
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Reddit Gen 3 NFT Avatars on Polygon

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Reddit Gen 3 NFT Avatars on Polygon
Reddit Gen 3 NFT Avatars on Polygon

Third-generation blockchain-based digital collectibles known as “Reddit avatars” on Polygon!

Reddit Gen 3 NFT Avatars on Polygon
Reddit Gen 3 NFT Avatars on Polygon

Reddit Gen 3 NFT Avatars on Polygon

Reddit Gen 3 NFT Avatars on Polygon
Reddit Gen 3 NFT Avatars on Polygon

Digital collectibles of Reddit, an online social discussion platform dubbed “Reddit avatars”, have been deployed on the Polygon network. Following this development, Reddit community members and collectors are waiting for the drop.

These NFT avatars were introduced in the summer of 2022 as an incentive for artists to create and sell their own work. When users purchase a piece of the collection, they can also use it as an avatar on the Reddit website.

Drop Discussions 

In the past few days, Reddit launched the contract for Gen 3 avatars on the Polygon blockchain. While many users say that the drop after this development has the potential to be sold within minutes, others argue that it will not sell as fast as expected.

Reddit Gen 3 NFT Avatars on Polygon

Reddit’s NFTs have witnessed a surge in trading volume. On Oct. 24, 2022, the collection reached a new all-time high in trade volume as wallet holders closed in on $3 million. At the time, the volume reached $1.5 million in 24 hours, almost one-third of the overall volume of $4.1 million. On Oct. 26, the collection also made its way to the top 10 collections on OpenSea for the most sales in the week.

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Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

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