{"id":1349,"date":"2022-07-11T01:09:58","date_gmt":"2022-07-11T01:09:58","guid":{"rendered":"https:\/\/nftmetta.com\/?p=1349"},"modified":"2022-07-11T01:10:00","modified_gmt":"2022-07-11T01:10:00","slug":"reddit-dives-into-nfts-with-collectible-avatars","status":"publish","type":"post","link":"https:\/\/nftmetta.com\/reddit-dives-into-nfts-with-collectible-avatars\/","title":{"rendered":"Reddit dives into NFTs with ‘Collectible Avatars’"},"content":{"rendered":"\n

July 11, 2022<\/p>\n\n\n\n

By Sharan Kaur Phillora<\/p>\n\n\n\n

Reddit is all set to launch a new NFT marketplace where users can buy NFTs in the Reddit Avatar Builder. These limited-edition avatars, which purchasers can then customize in the Avatar Builder, are made by independent artists who\u2019ve partnered with Reddit.<\/p>\n\n\n\n

Here’s what you should know:<\/p>\n\n\n\n

The Collectible Avatars will have a \u201cglow-like effect\u201d in comments sections, adding a visual flourish similar to the hexagon Twitter uses to identify NFT avatars. The NFTs are uniquely numbered, with multiple avatars of each design for sale.<\/p>\n\n\n\n

According to Reddit, its focus is on the ability to empower artists. This series includes contributions from artists who post on subreddits like r\/Comics and other artists \u201cfrom our networks who are bringing their work to Reddit for the first time.\u201d <\/p>\n\n\n\n

However, Collectable Avatars will only be available for purchase using local currencies, such as U.S. dollars. There isn\u2019t a crypto option at current, nor can they be auctioned off either on a secondary market like OpenSea. <\/p>\n\n\n\n

According to the company’s press release<\/u><\/a>, the marketplace is built around Polygon\u2019s blockchain due to its low-cost transactions and sustainability commitments. <\/p>\n\n\n\n

\u201cIn the future, we see blockchain as one way to bring more empowerment and independence to communities on Reddit,\u201d the company said. \u201cBlockchain-backed Collectible Avatars are one of the early steps we\u2019re taking to test out the potential benefits of this concept on Reddit.\u201d<\/p>\n\n\n\n

The website launched a forum that will provide early access to the new services, enabling people to set up their digital wallets early.<\/p>\n\n\n\n

About the author<\/strong><\/p>\n\n\n\n

Sharan Kaur Phillora\u2019s thirst for knowledge has led her to study many different subjects, including NFTs and Blockchain technology \u2013 two emerging technologies that will change how we interact with each other in the future. When she isn\u2019t exploring a new idea or concept, she enjoys reading literary masterpieces.<\/p>\n","protected":false},"excerpt":{"rendered":"

July 11, 2022 By Sharan Kaur Phillora Reddit is all set to launch a new NFT marketplace where users can buy NFTs in the Reddit Avatar Builder. These limited-edition avatars, […]<\/p>\n","protected":false},"author":2,"featured_media":1350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts\/1349"}],"collection":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/comments?post=1349"}],"version-history":[{"count":1,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts\/1349\/revisions"}],"predecessor-version":[{"id":1351,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts\/1349\/revisions\/1351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/media\/1350"}],"wp:attachment":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/media?parent=1349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/categories?post=1349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/tags?post=1349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}