October 31, 2022, 10:20AM EDT
• 9 min read

Reddit Collectible Avatars: The Trojan Horse of NFTs

Quick Take

  • Reddit has sterilized NFTs by using euphemistic lingo.
  • Through this savvy rebranding, Reddit has managed to infiltrate NFTs into a community that has been notoriously opposed to NFTs.
  • Although the number of wallets holding a collectible avatar has surged to a monumental 2.9mm, only a tiny fraction has traded collectible avatars on the secondary market.

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