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Reddit to start selling NFTs called 'Collectible Avatars'

Popular social network Reddit announced on Thursday that it is launching a new ‘Collectible Avatars’ marketplace based on blockchain technology. The company said that its new marketplace will allow users to purchase ‘limited edition’ blockchain-based profile pictures using traditional fiat currency. The company refrained from calling its ‘Collectible Avatars’ NFTs (non-fungible tokens), however, we can confirm that these are in fact NFTs to the core. NFTs on p...
Community Points Collectible Avatar Collectible Avatars

Reddit just launched a website allowing subreddits to sign up for Community Points

Reddit has just launched a waitlist for the new site-wide expansion of its long-anticipated Community Points. The Ethereum-based token rewards program will finally allow the tokens to be introduced to the website for those who wish to sign their subreddits up for it and connect the social media site to the crypto and blockchain industries […]
Community Points
Source: invezz.com

Reddit might be launching its own NFT platform

With the non-fungible tokens (NFTs) still rising in popularity, a lot of companies have started joining the trend and either launching their own NFTs or even creating their own NFT platforms. Now, many speculate that Reddit might be one of them since the company has started hiring workers to support the design, build, and maintenance […]
Community Points
Source: invezz.com

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(ETHE), (AMC) - Reddit Ties Up With Ethereum Foundation To Hasten Bringing Community Points On Blockchain

What Happened: The partnership is centered on bringing ETH to Reddit-scale production. โ€œOur intention is to help accelerate the progress being made on scaling and develop the technology needed to launch large-scale applications like Community Points on Ethereum,โ€ a Reddit admin said in a statement. The scaling technology developed through the partnership would be open-sourced and publicly available for anyone to use. The blockchain efforts will be led by Redditโ€™s crypto team. Why It Matte...
Entertainment Holdings Inc Gamestop Corporation Ethereum Foundation Community Points On Ethereum Grayscale Ethereum Trust Community Points

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