Reddit will launch a limited edition blockchain-backed Collectible Avatars.
Reddit launched its own Avatar Builder back in 2020.
Reddit, a social discussion platform, unveiled collectible avatars supported by blockchain that will soon be purchased on the platform on Thursday. These avatars were produced in collaboration with many artists and come along with complete usage rights. They will be sold through the Reddit Avatar Builder.
To make it simple for users to create and edit their unique avatars on the site, Reddit released its own Avatar Builder in 2020. With collective avatars built on blockchain technology, Reddit is now elevating this function to a new level. As a result, each image has a special license that is granted to the purchaser.
Back-End of Collectible Avatars
The collectible Avatars from Reddit are kept on Polygon, a blockchain network that works with Ethereum.
Because of Polygon’s low-cost transactions and sustainability promises. The new collection will be accessible on the website where Reddit users typically create their avatars. A collectible avatar can be used on Reddit as an avatar after being purchased.
Reddit stated :
Shortly thereafter, we made countless accessories, outfits, and hairstyles available to allow for even more expression. We also brought Redditors custom avatars in collaborating with partners like Netflix, Riot Games, and Australian Football League (AFL).
A select group of new members who join the r/CollectibleAvatars forum is now receiving the new avatars. Every Reddit member will be able to purchase a collectible avatar in the upcoming weeks.
However, most of the country’s started adopting cryptocurrencies, as part of this social media like Facebook, Instagram also acquiring NFTs to utilize the virtual world.