2023-04-09
Reddit is going to launch its
third-generation NFT on April 10, it already deployed contracts of Gen-3 NFT on April 5.
The NFT collection runs on the Polygon network, Polygon chain offers low
fees and fast transactions for the NFT buyers and sellers. Reddit NFTs enable people
in the Reddit community to show off or represent their unique digital avatars
and support their favorite subreddits using Reddit NFTs. They can also set Reddit
NFT as an avatar on Reddit’s website.
There are reports of leaked images of
Reddit third generation NFTs.
Source: twitter.com/itsarbsy/status/1644091441470111745
However, not everyone is excited about
the new Reddit NFTs. Some critics say that Reddit is just cashing in on the NFT
hype, and that the quality and originality of the NFTs are not worth the price.
They also argue that the NFT market is oversaturated and that the demand for
Reddit NFTs will drop soon. Investors or NFT buyers need to be careful and do
their research before buying Reddit NFTs.