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Reddit integrates Ethereum NFT, allowing users to display avatars on their profiles with DailyCoin



Reddit integrates Ethereum NFT, allowing users to display avatars on their profiles

In January, it was reported that Reddit, a social network that calls itself the “front page of the internet,” had begun testing a feature that would allow users to set any NFT they own as their profile picture. their.

At the beginning of April, Reddit confirmed that it had integrated ethereum-based NFTs into its platform. At launch, Reddit auctioned 4 NFTs on OpenSea for $400,000 each.

Reddit offers limited NFT options

The NFTs auctioned by Reddit, in the ‘CryptoSnoos’ collection, are the only pieces of digital art that can currently be used as avatars on the Reddit platform.

Owners of other NFTs will have to settle for using them in jpeg for their profile pictures. However, customization of the NFT is not allowed, limiting the possibilities available to users.

Experts have suggested that the current limited options on the Reddit platform are simply because the feature is in early beta.

Many speculate that, in the future, Reddit may allow users to use NFTs from other collections as their avatars on the platform once the integration is complete. There is also a future speculation that users will eventually be able to mint NFTs on Reddit.

On Flipside

  • Redditors have raised concerns about the high NFT price, with some others mocking their “uselessness”.

Why should you care?

As Reddit hopes to keep up with crypto industry innovation by integrating NFT into its platform, the use of non-fungible tokens will increase with it.

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