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Reddit Deploys Gen 3 NFT Avatar Contracts on Polygon

Reddit has deployed the third generation of its blockchain-based digital collectibles, called "Reddit Avatars," on the Polygon blockchain. The avatars were first introduced in July 2022 to empower artists to create and sell their work, and 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. The deployment of Gen 3 on the Polygon blockchain has garnered excitement and praise from the community, with some predicting that the avatars would sell out in minutes. Reddit's NFTs have witnessed a surge in trading volume, with the collection reaching a new all-time high in terms of trade volume in October 2022.

(By EZRA REGUERRA)

NFT Polygon
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