While some were excited about the release, others said it might not sell out as fast and described the payment process as cumbersome.
Highlights
- Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain.
- The nonfungible token (NFT) avatars were first introduced in July 2022 to empower artists to create and sell their work.
- On April 5, Reddit deployed the contract for the Gen 3 avatars’ on April 5.
- This resulted in various users predicting that the avatars would sell out in minutes, with others praising Reddit for its marketing and branding prowess.
- While some were excited about the release, others said it might not sell out as fast and described the payment process as cumbersome.
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