Content aggregation, ranking, and discussion website Reddit, a popular platform among crypto enthusiasts, announced the launch of a new blockchain-backed avatar system on Thursday, July 14th.
Blockchain Avatars
While Reddit has not yet revealed the exact date of the feature’s release, the company expects to be able to introduce avatars to the community in the next few weeks. As it currently stands, Reddit has invited a select group of people to the ‘r/CollectibleAvatars’ subreddit, providing those members of the community with early access.
The Collectible Avatars project will use the Polygon (MATIC) blockchain for decentralized trading and third-party sales. According to Reddit, Polygon was specifically selected for its low-cost transactions, and its commitment to environmental sustainability. The blockchain is also compatible with Ethereum, making it an attractive option overall.
As part of the announcement, the company clarified that these collectible avatars are not technically...
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