One of the most popular social media platforms in the world reddittakes its relationship with NFTs to the next level. Famous online discussion platform, site-specific snoo character themed NFTs announced that it will be released.
Before the sale of Snoo NFTs begins, some of the NFTs to be produced will be gifted to users who use the site extensively.
The free NFT airdrop, recently announced by a Reddit admin, will be distributed to some users who earn a high amount of karma points.
of Reddit “Collection Avatars” called NFTs, Ethereum is a scaling network with the mission of being faster, cheaper and more efficient than polygon will be produced on
Apart from the upcoming airdrop, NFTs will also be put up for sale on Reddit. Initial selling prices are expected to range from $10 to $100.
What is NFT? What Does It Do?
NFT are digital artworks produced by registering their uniqueness and ownership on the blockchain network. NFTs can simply consist of an avatar, profile picture, video game elements. Blockchain networks are of great importance for the generation and registration of ownership of NFTs.
Reddit has so far avoided the use of the word NFT, calling digital artworks “Collection Avatars”. The biggest reason for this may be that discourses like NFTs or blockchain are still seen as too marginal for a large part of society.
Reddit previously showcased the Ethereum-based NFT collection called CryptoSnoos on its site. In the collection, which consisted of only 4 NFTs, digital artworks were sold at very high prices.