Reddit, which was thrown into the NFT field in July, reached 3 million users for its avatar collections and NFT market.
Reddit, which started a new NFT market, attracted great attention from its users. Users, called redditors, were allowed to purchase Blockchain-based images for a fixed fee. The company, which was not affected by the turbulent agenda in the NFT market, encountered intense demand for its work in the NFT field.
Intense Interest in Reddit NFT Collections
Social media platform Reddit wants to have a say in the NFT market. It will present its collection products consisting of avatars to the taste of users. In recent months, the company has partnered with 30 artists. The 40,000 NFT avatar designs designated for the platform were priced between $10 and $100. All of these products were sold out due to the intense interest of the community.
Reddit product manager Pali Bhat stated that more than 3 million users have opened wallets just to buy avatars. Redditors who want to use NFT avatars on the platform were included in the Vault wallet, which attracted great attention.
Users who reach these limited products will have the right to use the Reddit platform. In addition, these avatars will also be displayed on external platforms.
The social media platform chose the Polygon network for its NFT collection.
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