{"id":64098,"date":"2022-07-07T18:57:59","date_gmt":"2022-07-07T15:57:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64098"},"modified":"2025-09-06T12:29:02","modified_gmt":"2025-09-06T09:29:02","slug":"reddit-to-launch-collectible-avatars-on-the-polygon-blockchain","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/reddit-to-launch-collectible-avatars-on-the-polygon-blockchain\/","title":{"rendered":"Reddit to launch collectible avatars on the Polygon blockchain"},"content":{"rendered":"<p>The cryptocurrency-friendly social network Reddit <a href=\"https:\/\/www.redditinc.com\/blog\/blockchain-backed-collectible-avatars-coming-to-reddit-via-new-storefront?token=qZEyAtQvJTg6ql5XNBclzpJg1JNprces\">announced<\/a> the launch of a limited series of avatars on the blockchain <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a>. Users will be able to purchase the images in the coming weeks.<\/p>\n<p>Prices for the avatars are fixed \u2014 they will not be auctioned. They can be purchased only with fiat.<\/p>\n<p>Artists from communities such as r\/Comics contributed to the artwork. Reddit noted that the aim of the initiative is to give creators the opportunity to create and sell their works. Creators will receive the proceeds after deductions of fees, and they will also be assigned royalties from secondary sales.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"785\" height=\"580\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-07-07-v-17.15.47.png\" alt=\"Reddit to release collectible avatars on the Polygon blockchain\" class=\"wp-image-178295\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-07-07-v-17.15.47.png 785w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-07-07-v-17.15.47-300x222.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-07-07-v-17.15.47-768x567.png 768w\" sizes=\"auto, (max-width: 785px) 100vw, 785px\" \/><figcaption>Data: Reddit.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;In the future we see blockchain as one of the ways to enhance the capabilities and independence of Reddit communities. [\u2026] we are exploring tools that will help them become even more self-sufficient and self-governing. Collectible avatars on the blockchain are one of the first steps we are taking to test the potential benefits of this concept,&#8221; the statement said.<\/p>\n<\/blockquote>\n<p>The platform provided early access to the images to a limited number of Reddit users.<\/p>\n<p>In October 2021, <a href=\"https:\/\/u1f987.com\/en\/news\/reddit-opens-vacancy-for-nft-platform-backend-developer\">Reddit opened a backend developer vacancy<\/a> for its own non-fungible token platform.<\/p>\n<p>Later representatives of the social network <a href=\"https:\/\/u1f987.com\/en\/news\/reddit-to-expand-loyalty-programme-with-ethereum-tokens\">said<\/a> that the loyalty program would be expanded with Ethereum tokens. <a href=\"https:\/\/u1f987.com\/en\/news\/reddit-to-move-tokens-to-ethereum-mainnet-via-arbitrum\">To scale the program<\/a> Reddit <a href=\"https:\/\/u1f987.com\/en\/news\/reddit-to-move-tokens-to-ethereum-mainnet-via-arbitrum\">chose<\/a> Arbitrum.<\/p>\n<p>In December, the platform confidentially filed with the U.S. Securities and Exchange Commission <a href=\"https:\/\/u1f987.com\/en\/news\/reddit-files-confidential-ipo-application-with-the-sec\">an application to conduct an <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPO<\/span><\/a>.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency-friendly social network Reddit announced the launch of a limited-series of avatars on the Polygon blockchain. Users will be able to purchase the images in the coming weeks.<\/p>\n","protected":false},"author":1,"featured_media":64099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1264,1400],"class_list":["post-64098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-polygon-matic","tag-reddit"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=64098"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64098\/revisions"}],"predecessor-version":[{"id":64100,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64098\/revisions\/64100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/64099"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=64098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=64098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=64098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}