Reddit Reportedly Testing NFT Profile Pic Functionality

Reddit Reportedly Testing NFT Profile Pic Functionality

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28/03/2022 by Koinal
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Reddit considers adding NFTs as profile pictures. Twitter already offers a similar feature to NFT profile pictures. Although, in the past, Reddit has provided a limited type of NFT, the current plan would be a new layer of Reddit functionality available to everyone.
Reddit Reportedly Testing NFT Profile Pic Functionality

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Reddit considers adding NFTs as profile pictures. Twitter already offers a similar feature to NFT profile pictures. Although, in the past, Reddit has provided a limited type of NFT, the current plan would be a new layer of Reddit functionality available to everyone.

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Adding NFT Avatars

Reddit is testing adding functionality on its platform to enable users to set an NFT as a profile picture or avatar. The system would support NFT avatars and have a method for confirming ownership. The current test is a small-scale implementation to determine the benefits of the feature.

Reddit’s NFT Record

Reddit performed two NFT operations in recent years. In 2021, the company issued a batch of NFT called Cryptosnoos. These limited number of NFTs gave holders NFT functionality on the platform. In addition, the forum gave certain benefits to holders. The Cryptosnoos still exist and gained value on the market. A Cryptosnoos quote on Opensea is priced then at 100 ETH. The new issue would work with a wide range of NFTs, and Reddit would broaden the issuance.

Reddit’s Open to Cryptocurrency

In 2021, Reddit opened a test of cryptocurrency on its platform. The full concept would reward users for subreddit contributions in a native token. The tokens were set to exist on a blockchain using an Ethereum solution. Reddit has not disclosed the potential destination for NFTs in the current tests.

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Koinal works with purchasers of all levels of experience and participation in cryptocurrency. Our safe and speedy process works with large or small purchases. In addition, we can help open an account and start purchasing cryptocurrency right away; create your account today.

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