Currently being tested internally, the diagnostic would alteration Redditors to usage non-fungible tokens (NFTs) arsenic avatars.
Reddit is actively exploring adding NFT-based illustration pictures, according to the company’s spokesperson, TechCrunch reported.
Last year, the societal media tract already dipped its toed into NFTs by launching its ain enactment called “CryptoSnoos,” nevertheless the caller NFT docket has acold greater imaginable to further the mainstream usage case.
The feline is retired of the bag
“We’re ever exploring ways to supply worth for users and communities connected Reddit. At the infinitesimal we’re investigating the quality to usage NFTs arsenic illustration pictures (avatars) and verify ownership,” Reddit spokesperson Tim Rathschmidt told TechCrunch.
“It’s a small, interior trial and nary decisions person been made astir expanding oregon rolling retired the capability,” Rathschmidt added.
The “internal” NFT trial was already flagged by an app developer named Nima Owji connected Twitter.
Owji, who is not associated with the societal media platform, spotted a banner promoting the caller diagnostic connected Reddit’s web app, which read–“you tin present usage integer collectibles arsenic your Reddit avatar.”
#Reddit is moving connected #NFT illustration pics arsenic well! pic.twitter.com/l2cqfSuIbK
— Nima Owji (@nima_owji) January 21, 2022
In June 2021, the societal media level introduced its ain enactment of NFTs called “CryptoSnoos”–based connected Reddit’s alien mascot Snoos.
The institution revealed it doesn’t person immoderate definite plans to motorboat much CryptoSnoos, arguing the enactment was besides conscionable an archetypal test.
However, the enactment was not Reddit’s archetypal crypto effort, arsenic the level already introduced Ethereum-based tokens called MOONs and BRICKs for its /r/cryptocurrency and /r/Fortnite communities successful May 2020.
Following Twitter’s lead
Another societal media giant, Twitter, rolled out enactment for NFT illustration pictures past week.
Initially constricted to Twitter Blue accounts, hexagonal NFT avatars are disposable for iOS users astatine a monthly terms of $2.99.
Clicking connected NFT avatars reveals details astir the integer artwork–including the accusation astir the creator, authenticity, and the spot wherever it’s listed.
Details astir Reddit’s plan and connection of the NFT avatar diagnostic are inactive unknown, however, with its 430 cardinal monthly user-base, the societal media level could undoubtedly play a important relation successful furthering the adoption of integer collectibles.
CryptoSlate Newsletter
Featuring a summary of the astir important regular stories successful the satellite of crypto, DeFi, NFTs and more.
Get an edge connected the cryptoasset market
Access much crypto insights and discourse successful each nonfiction arsenic a paid subordinate of CryptoSlate Edge.
On-chain analysis
Price snapshots
More context