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Ethereum World News 2022-07-07 15:54:08

Reddit Launches Digital Collectible Avatars With Polygon, But They’re Not NFTs

Summary: The social network plans to launch its marketplace for blockchain-powered profile photos on Thursday. Over 90 unique designs crafted by individual artists and thousands of digital collectibles will roll out during the sale for a fixed price. Interested buyers can only purchase an avatar with government-issued fiat currencies. Layer 2 scaling protocol Polygon is Reddit’s on-chain partner for the initiative. Reddit previously teased Ethereum-based NFT features earlier in 2022. Other social networks like Twitter and Facebook have integrated digital […]

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