REDDIT NFT AVATAR
Reddit creates new collection of NFTs, to be integrated into social
Reddit, in collaboration with Polygon, is launching a marketplace dedicated to its NFT avatar collection, which will allow all users to get their hands on these new collectibles for a renewed platform experience.
The social aggregation and news platform stressed that the inspiration for this project came from the success of its "avatar builder", launched two years ago. The tool still allows any user to generate and customize their own personal avatar, and its popularity convinced Reddit to grant users the right to create custom avatars built on blockchain.
However, unlike most NFT collections, Reddit's will not include an auction system and avatars to be used as profile images will be purchasable for a fixed price. Also Reddit then announced that 90 unique avatars will be available in "early access," limited edition and made by independent artists.
Users will also be able to use their avatars outside of Reddit, and these will be integrated with the classic "avatar builder," which will allow NFT owners to combine and match various aesthetic features to make it unique and to achieve a distinctive effect to the profile image.
Artists will be paid for each collectible avatar sold, and it is the introduction of blockchain technology that has enabled the possibility of licensing artistic property. It is the blockchain that guarantees buyers ownership and portability.
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