Reddit collectible avatars onboard nearly 10M into the crypto, NFT space
According to Dune Analytics, there are presently an overall of 9,909,465 million Reddit collectible avatar holders. Given that the beginning of 2023, the number of Reddit avatar holders has increased by 80%. The Reddit Collectible Avatars market capitalization is $38.4 million and there are 13.7 million NFT avatars in the collection.Furthermore, there have actually been 303,033 overall sales with a cumulative sales volume of $32.6 million, according to the data.
According to Dune Analytics, there are presently an overall of 9,909,465 million Reddit collectible avatar holders. Considering that the beginning of 2023, the number of Reddit avatar holders has increased by 80%. The Reddit Collectible Avatars market capitalization is $38.4 million and there are 13.7 million NFT avatars in the collection.Furthermore, there have been 303,033 total sales with a cumulative sales volume of $32.6 million, according to the data. It launched the Rabbids NFT avatar collection for the Metaverse video game The Sandbox in February.Related: Reddit back up: Site deals with major failure after almost 6 hoursDuring an AMA with r/India subreddit on May 25, Polygon co-founder Sandeep Nailwal stated he was a huge fan of Reddit NFTs, adding: “Reddit is possibly the only widely known Big Tech business who has actually broken the NFT code and they are able to drive a lot of engagement with Reddit NFTs.
Rabbids stemmed as a spin-off video game from the Rayman computer game series, 2006s Rayman Raving Rabbids. Ubisoft was the very first significant video game publisher to release in-game NFT products in December 2021. It released the Rabbids NFT avatar collection for the Metaverse video game The Sandbox in February.Related: Reddit back up: Site resolves significant outage after nearly 6 hoursDuring an AMA with r/India subreddit on May 25, Polygon co-founder Sandeep Nailwal said he was a huge fan of Reddit NFTs, adding: “Reddit is possibly the only widely known Big Tech business who has broken the NFT code and they have the ability to drive a great deal of engagement with Reddit NFTs.” He recommended that having a secondary market and an artist launchpad “could be some terrific additions to take Reddit NFTs to the next level.” Magazine: From SNL and The Tonight Show to Sothebys: NFT developer Bryan Brinkman