​We were dead wrong about Reddit NFTs.

Someone get us a knife and fork. We have words to eat.

When Reddit announced they were integrating profile picture NFTs to their site back in July - we called it boring.

But that boring integration has since lead to 3 million new users coming in to Web3, through the Reddit Vault wallet.

For context, Ethereum has accrued roughly 200 million total wallets, over 7 years.

And while Reddit's total wallet user base is 1.5% of Ethereum's - they did it in just 4 months!

Oh and get this - OpenSea, the world's largest NFT marketplace, has ~2.3M active wallets on its platform...

Consider our words eaten - Reddit's NFT integration is VERY exciting.

Here's a meme to really drive home what is going on here:

Previous
Previous

​Coinbase backs Grayscale in suing the U.S. Government.

Next
Next

​Ethereum's biggest value-add