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Reddit Keeps Upvoting NFTs, Drops Third Generation Collection

Popular social platform Reddit has released its third generation non-fungible token (NFT) collection, adding thousands more tokens from over 100 artists.

The demand for the collection was intense enough to bring down Reddit’s shop for the avatars for a period following the drop, with some users complaining that the team didn’t implement anti-bot measures such as CAPTCHA.

The Gen3 collection, which is “future realities” themed according to a post by Reddit, features “Snoo” collectible avatars, the character behind the platform’s logo. The NFTs are Polygon-based and are available for purchase with fiat currency. According to Reddit, the avatars come with a degree of interoperability and allow artists to earn royalties on their work.

(by Toby Leah Bochan)

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