Reddit’s NFT Avatars Thrive on Polygon – 20 Million Minted

Reddit's Collectible Avatars on 0xPolygon thrive amidst an NFT slowdown, highlighting the platform's potential to introduce NFTs and Web3 to its vast user base. The post Reddit’s NFT Avatars Thrive on Polygon – 20 Million Minted appeared first on NFT News Today.

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Reddit prepares to drop Gen 4 collectible avatars on Polygon

Despite the downturn in the NFT industry, Reddit continues to attract new holders of digital collectibles issues on blockchain.

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Polygon's Reddit NFTs hit a milestone; will the rest follow?

Polygon's Reddit NFT collection achieves 10 million holders and $32.7 million in cumulative sales. MATIC's price continues to decline as social sentiment wanes. Due to increasing collaboratiThe post Polygon's Reddit NFTs hit a milestone; will the rest follow? appeared first on AMBCrypto.

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There are now nearly 10 million holders of Reddit NFTs

Dune Analytics data shows that nearly 10m users own "Reddit NFTs" on Polygon, an Ethereum sidechain

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Polygon’s Nailwal awaits gaming crypto revolution

The recent Reddit AMA with Polygon’s co-founder Sandeep Nailwal explores the promising vistas for the crypto-gaming industry. Weaving together Nailwal’s responses with industry facts and figures, it comprehensively analyzes the burgeoning relationship between gaming and the web3 sector. In the…

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Reddit Releases Thousands Of NFTs On Polygon In Its Latest Collection With Over 100 Artists

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Reddit Rolls Out Gen 3 NFT Avatar Contracts On Polygon Network

Reddit’s latest announcement unveils the deployment of Gen 3 NFT “Reddit Avatars” on the Polygon blockchain network, ushering in a new era of blockchain-based digital collectibles. Reddit launched these Non-fungible tokens on Polygon’s blockchain on April 5th, which led to speculation among users that these NFTs would sell out quickly. A collector who had acquired […]

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Reddit NFTs: Get Ready for the Third Wave of Collectible Avatars

Reddit is back with another set of digital collectibles! They’ve launched their third generation of “Reddit Avatars” on the Polygon blockchain. This comes after the first two generations of Reddit NFTs made artists thousands of dollars in sales.

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Reddit positions the contracts for Gen 3 NFT avatars on Polygon

Online chat arena Reddit has announced the deployment of its third-generation NFT avatar agreements on the Polygon network, anticipating the official issue in the coming week.

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Reddit deploys Gen 3 NFT avatar contracts on Polygon

Community members responded to the new development, with some praising Reddit’s marketing efforts and changing the anti-NFT narrative within the platform.

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Polygon Reddit NFTs are popular, but is MATIC really gaining from it

Reddit NFTs have now surpassed the $50 million market cap Polygon's NFT volume in USD has also seen impressive numbers The launch of Reddit Avatar Non-Fungible Tokens (NFT) on Polygon, with The post Polygon Reddit NFTs are popular, but is MATIC really gaining from it appeared first on AMBCrypto.

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Polygon: Reddit and BitGo collaborations, staking culture, and more, cause...

Polygon partnered with BitGo to foster MATIC staking rewards. NFT adoption has been key to the ecosystem's progress despite a recent volume fall. As a follow-up to its hardfork recent succesThe post Polygon: Reddit and BitGo collaborations, staking culture, and more, cause... appeared first on AMBCrypto.

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Bullish News For Polygon! zkEVM Mainnet Is Coming Soon, Says Co-Founder

Polygon, an Ethereum layer-2 solution, has recently seen massive hype due to notable partnerships with major brands such as Starbucks, Mercedes, Meta, Reddit, eBay, Disney, and Adobe, among others. And the team led by Sandeep Nailwal, co-founder of Polygon, continues to work hard to keep that hype going.

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Minting of Reddit Avatar Tokens Climbed to Record High Over Weekend

The Polygon blockchain-based collection has some 3.4 million holders, all of them Reddit users.

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MATIC's mediocre performance may turn to a relief rally thanks to these updates

Recent record sales of the Reddit NFT, which ran on Polygon's platform, have brought attention to this Layer 2 that coexists with the Ethereum network. Millions of NFT transactions and sales took placThe post MATIC's mediocre performance may turn to a relief rally thanks to these updates appeared first on AMBCrypto.

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Will MATIC’s integrations and NFT success be enough to sustain current rally

Polygon [MATIC] achieved quite a success in the NFT space after Reddit Collectible Avatar’s trading volume surpassed $2.5 million, +1,113% in a single day.  Here’s AMBCrypto’s Price PredicThe post Will MATIC’s integrations and NFT success be enough to sustain current rally appeared first on AMBCrypto.

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Is MATIC price about to double? Polygon's Reddit hype pushes exchange balance to 9-month lows

MATIC price could sustain bullish momentum on cues from a mix of optimistic fundamental and technical indicators.

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Reddit NFTs on Polygon Spike 1,113% in Trading Volume as Millions Rush to Participate

Polygon-based Reddit NFTs stir hype as number of holders nears 3 million

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Crypto Whales Loading Up On MATIC As Reddit’s NFT Avatar Marketplace Launches On Polygon

While the social community platform is split over the move, MATIC whales are taking the chance to accumulate the asset.

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Reddit announces new blockchain-backed ‘Collectible Avatars’

The company said that the project is set to utilize the Polygon (MATIC) blockchain for decentralized trading and third-party sales.

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Reddit Has Started Selling NFT Avatars on Polygon

Reddit has partnered with Polygon to launch a range of blockchain-based NFT avatars that can be set as profile pictures on the social media site. Reddit Sells First NFTs NFT...

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Why Reddit Will Launch NFTs On Ethereum’s Polygon

Popular social media platform Reddit will launch a new feature called Collectible Avatars. These blockchain-backed items are non-fungible tokens (NFTs) running on Ethereum’s second-layer scalability solution Polygon.

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Reddit выпустит коллекционные аватары на блокчейне Polygon

Дружественная к криптовалютам соцсеть Reddit анонсировала выпуск лимитированной серии аватаров на блокчейне Polygon. Пользователи смогут приобрести изображения «в ближайшие недели». Согласно сообщению, стоимость аватаров фиксированная — они не выставляются на аукцион.

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Polygon и сооснователь Reddit учредили фонд на $200 млн

Венчурная компания соучредителя Reddit Алексиса Оганяна — Seven Seven Six — совместно с проектом Polygon (MATIC) создали фонд в размере $200 млн для инвестиций в проекты, находящиеся «на пересечении социальных сетей и Web 3.

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Reddit co-founder and Polygon launch $200M Web 3.0 social media initiative

“We are still in the early days of Web 3.0, and the most obvious opportunities right now are in gaming and social,” said Ohanian

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Reddit Co-founder Holds ‘Quite A Bit’ of Ethereum, But Also Invested in Solana, Polygon, & Optimism

Alexis Ohanian, whose Twitter name bears “eth,” thinks “Ethereum has. . . got the most to prove. ” However, he is just as interested in meme stocks which are not “sound” investments but not going anywhere, and markets have to adapt to this.

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