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Reddit deploys Gen 3 NFT avatar contracts on Polygon

Published 04/06/2023, 04:50 AM
Updated 04/06/2023, 06:20 AM

Online discussion platform Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain, resulting in community members and collectors expressing their thoughts on the much-anticipated drop.

The nonfungible token (NFT) avatars were first introduced in July 2022 to empower artists to create and sell their work. In addition, whenever users purchase a collectible, it can also be set as an avatar on Reddit’s website. The avatars were made available in August 2022, generating thousands of dollars in sales for the artists.

Community members sharing their thoughts on the digital collectibles. Source: Reddit

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