$104,255.00
0.87%$2,509.46
0.56%$2.16
2.72%$655.48
0.98%$154.93
1.28%$0.999788
0.00%$0.189674
0.49%$0.267211
0.98%$0.678264
1.59%$2,506.74
0.56%$104,110.00
0.77%$32.57
4.38%$3.24
4.68%$3,020.48
0.53%$13.87
2.20%$20.70
3.48%$0.264266
0.91%$412.37
4.46%$8.69
-0.63%$3.17
5.30%$0.00001277
2.41%$0.999732
-0.01%$0.16697
2.63%$87.04
3.80%$2,507.77
0.66%$2,679.90
0.44%$4.07
3.06%$1.002
-0.18%$322.54
0.89%$4.70
1.88%$1.001
0.02%$0.00001156
4.05%$0.642151
1.59%$104,244.00
0.94%$31.19
0.19%$423.96
13.16%$241.05
-2.82%$5.95
-0.22%$1.18
0.10%$0.102691
-1.74%$50.31
-0.03%$4.76
3.65%$2.41
2.42%$186.80
1.60%$1.00
0.00%$33.72
-1.03%$4.89
3.35%$0.825937
3.90%$16.85
1.19%$19.55
2.07%$1.053
0.02%$0.678532
2.10%$11.22
5.93%$0.084081
3.89%$0.999912
-0.27%$0.02404709
3.00%$3.89
5.79%$4.35
2.74%$104,073.00
1.03%$0.743161
3.57%$0.213949
5.53%$4.43
-0.10%$0.306747
4.74%$1.13
4.49%$2.57
4.20%$0.193235
2.92%$0.995096
-0.55%$0.338188
4.32%$108.82
3.82%$4.43
0.77%$2,511.57
0.45%$0.523717
5.07%$2.19
4.87%$11.24
0.16%$163.57
1.22%$1.001
0.11%$1.99
8.86%$0.00001641
4.78%$1.23
2.34%$0.388111
0.16%$2,854.16
0.37%$11.96
2.09%$2,623.09
0.30%$4.12
9.62%$0.01747105
1.04%$0.654074
7.42%$0.732516
1.83%$1.085
7.41%$0.192445
2.30%$0.547021
4.48%$1.001
-0.21%$0.061042
3.62%$104,360.00
1.29%$0.628302
-0.26%$2,673.87
0.42%$0.999701
0.02%$0.094842
5.24%$0.665323
2.50%$2,624.26
-0.18%$1,560.75
2.34%$0.950425
-0.89%$656.06
0.98%$1.00
0.02%$104,046.00
0.95%$0.851965
2.54%$2,636.67
0.57%$172.27
1.34%$0.00008535
6.75%$3,292.62
-0.06%$50.03
8.42%$104,128.00
0.74%$14.05
1.53%$3,298.85
-0.24%$0.752876
5.94%$0.836947
5.74%$2.29
2.28%$0.01652391
3.79%$0.01522761
3.89%$200.82
1.40%$2.47
3.24%$0.690066
-1.38%$0.180637
3.46%$0.118858
7.59%$20.52
2.70%$1.00
0.02%$0.00000068
-0.55%$104,922.00
2.25%$111.26
0.00%$33.40
3.02%$0.27021
2.06%$0.490146
-0.64%$3.96
2.77%$0.0102048
5.25%$0.997364
-0.01%$2.01
-0.23%$0.104773
1.14%$0.56775
3.24%$1.089
0.17%$1.66
4.25%$0.364046
3.20%$3.13
-0.94%$2,509.30
0.76%$0.562916
9.22%$2,507.24
0.86%$1.65
5.57%$0.204946
5.25%$0.01583447
-0.95%$2,632.75
1.73%$0.052931
13.42%$1.82
8.60%$1.10
0.00%$2,677.28
0.60%$0.27187
2.05%$104,049.00
0.85%$2,506.89
0.63%$0.998256
-0.12%$0.610387
1.15%$0.190041
1.29%$0.00589532
-3.23%$104,339.00
1.10%$0.00470064
15.78%$0.999805
0.01%$1.91
3.67%$0.063684
0.33%$0.417574
7.76%$0.999743
-0.03%$0.132153
4.89%$0.04829717
-5.87%$0.372858
10.43%$15.35
3.68%$0.545729
5.25%$32.64
4.59%$0.514858
2.97%$0.00002114
7.05%$101,820.00
1.75%$6.35
4.61%$0.00000042
-0.35%$0.00715913
5.13%$5.84
3.99%$1.089
0.00%$2.52
2.35%$1.002
0.40%$1.33
7.29%$35.81
3.58%$1.002
0.15%$0.595548
3.22%$0.075987
4.28%$1.00
0.14%$2,494.94
-0.10%$2,713.64
0.98%$0.376144
1.76%$0.03891943
2.79%$1.13
8.79%$9.05
-22.83%$2,660.26
0.23%$0.148086
7.82%$40.50
2.38%$0.337148
0.36%$0.00393611
1.71%$0.00000092
5.65%$0.01872069
0.75%$1.31
4.80%$0.077814
0.24%$32.64
4.17%$0.361803
7.69%$0.138686
3.09%$103,453.00
1.27%$2,759.63
0.59%$0.00413038
5.02%$1.27
4.62%$127.73
1.35%$104,179.00
1.01%$2,733.52
0.68%$0.00631455
2.04%$0.135243
-4.08%$0.782829
4.07%$0.213785
5.54%$0.03260974
1.47%$19.71
0.27%$0.00005807
3.33%$2,507.53
0.60%$20.67
3.72%$0.999671
0.04%$1.001
-0.14%$1.00
0.02%$0.999832
-0.01%$0.512797
-2.90%$2,510.54
0.77%$167.98
1.48%$0.318096
3.82%$0.309345
-2.68%$0.662965
3.05%$0.00331767
12.28%$0.00426539
7.69%$0.00000143
-4.09%$0.207304
3.06%$0.999729
-0.00%$0.699993
2.87%$0.610709
1.53%$1.70
0.83%$3,290.56
-0.01%$2.29
3.42%$104,458.00
9.46%$21.81
1.53%$2,092.44
0.94%$15.91
3.05%$0.211898
2.48%$0.260554
6.11%Reading
Reddit’s push into tokenized avatars has been a rare bright spot amid declining NFT sales and a wider crypto market in turmoil, and now the Polygon-based initiative has marked a new milestone with more than 5 million of the collectibles minted to date.
The Reddit Collectible Avatars NFT initiative crossed the 5 million mark over the past 24 hours, according to blockchain data curated on a Dune dashboard. They’re not highly concentrated among high-value NFT collectors (or whales), either, as the project has more than 4.25 million total unique wallets. About 3.95 million of those wallets hold a single Reddit NFT.
Reddit, the popular online discussion platform, announced plans to launch NFT avatars in July, tapping Ethereum sidechainsidechain network Polygon to offer up both free and premium avatars. The vast majority of the minted NFTs to date have been free avatars offered to heavy users of the site, which spans millions of separate communities (or subreddits).
Online message board community Reddit has proven to be a significant force for NFT adoption, as an executive revealed last week that users created over 3 million Polygon wallets for them—with nearly three million of the NFT avatars in circulation. Now sales are surging as collectors see Reddit’s NFTs as a major trading opportunity. Secondary market sales of Reddit’s Collectible Avatars NFTs—which are minted on Polygon, an Ethereum scaling network—have topped $1.88 million so far today, a 799% in...
In October, Reddit Chief Product Officer Pali Bhat announced that more than three million Polygon wallets had been created by users to collect its NFTs. The announcement spurred a surge in prices and trading for the premium avatars in the collection, yielding millions of dollars worth of secondary market sales in a matter of days.
The speculative bubble around Reddit’s premium NFTs was short-lived, with only about $700,000 worth of sales taking place over the past month. All told, the Reddit NFTs have yielded about $11.85 million worth of secondary trades to date—well below top traded projects like the Bored Ape Yacht Club, which notched $61.6 million over the last 30 days alone.
Reddit’s NFT program, however, remains a notable example of how Web2 platforms can spur potentially massive adoption of Web3 technology through giveaways.
Tezos co-founder Kathleen Breitman has been in crypto since the beginning and has seen a lot of cycles and failures. She joined Stacy Elliott and Dan Roberts and brought the fire on FTX and Sam Bankman-Fried’s mismanagement, “decentralization theater,” Tezos’s reputation and positioning, crypto sports marketing, and NFTs. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
In fact, the amount of NFTs being minted through the initiative has only accelerated recently. On December 3, more than 250,000 of the Polygon NFTs were minted, setting a new daily record and beating a previous single-day peak from August.
Amid a brutal crypto downturn that has only gotten worse with FTX’s collapse, one blockchain platform has repeatedly shown that it can still onboard massive brands with a collective reach of billions into the Web3 world: Polygon, the Ethereum scaling network. Recent highlights include Meta tapping Polygon to let Instagram users mint NFTs, Starbucks building an NFT-driven loyalty rewards program, Reddit minting unique NFT avatars, Nike revealing plans to mint digital apparel NFTs, and an NFT coll...
Reddit is one of several major brands building on Polygon, joining the likes of Meta with its Instagram NFT minting initiative, Starbucks with its just-launched Web3 rewards program, and Nike with its upcoming digital apparel platform.
While crypto gaming has long been seen as a key use for blockchain, letting gamers really own and freely trade their unique items and perhaps profit from a game's success, developers are struggling to sustain their games and digital economies. Some games, like Gunzilla Games’ Off the Grid, have punched through to a broader audience, gaining adoption from top streamers and gamers alike—albeit ahead of full blockchain integration. But many other games and studios building with tokens are strugglin...
Yuga Labs is serious about refocusing on the Bored Ape Yacht Club, the Otherside metaverse game, and related projects. On Friday, the crypto startup said that it had sold off yet another previously acquired NFT project IP, dumping the Moonbirds property that it purchased just over a year ago. The buyer is Orange Cap Games, a young gaming startup that builds digital and physical trading card games. The firm's first game, the Pudgy Penguins-themed Vibes TCG, launched on Ethereum layer-2 network Ab...
OpenSea has ended the beta phase of its reengineered marketplace, dubbed OS2, bringing full token trading across 19 blockchains, a new on-chain rewards system called “Voyages,” and structural changes that hint at its upcoming token launch. “OS2 is the foundation for the next generation of OpenSea,” CEO Devin Finzer told Decrypt. “We’ve rebuilt the platform from the ground up to become the best destination for everything on-chain, from NFTs to tokens, across chains and communities.” The rollout r...
