![]() ![]() The avatars became available for sale in August 2022, resulting in an impressive trading volume that saw the collection reach a new all-time high in trade volume as wallet holders closed in on $3 million. Users who purchase these collectibles can also set them as avatars on Reddit’s website. The nonfungible token (NFT) avatars were first introduced in July 2022, allowing artists to create and sell their work. The latest version of these avatars, which was deployed on April 5, has generated considerable buzz, with some users predicting a sellout within minutes. The release follows the successful deployment of the first and second generations of these collectibles, generating thousands of dollars in sales for artists. 1.Social news aggregation and discussion website, Reddit, has launched its third generation of blockchain-based digital collectibles, called “Reddit Avatars,” on the Polygon blockchain. It’s a good place to get your crypto-news if you like it served with a few jokes. r/SatoshiStreetBets is stuffed to the brim with memes, Twitter screenshots, and other useful tidbits of information. There’s no real rhyme or reason to the posts, and it doesn’t have a particular focus, but this is perhaps why it can be appealing. TL DR: Memes and social media screengrabs It’s like a wannabe, low-brow Financial Times for the crypto-world useful if you don’t want to do your own homework. Users regularly share articles and tips about launches to keep an eye on, general cryptocurrency-related updates, and detailed analysis on how different coins are performing. This is a great place to look for guidance. ![]() While r/CryptoMarkets is enormous, it’s surprisingly comprehensible (rare for a Reddit group centered on cryptocurrency). TL DR:Keeping up with crypto-news and getting some guidance It’s like a wannabe, low-brow Financial Times for the crypto-world. r/Defi is great if you’re looking for analysis, or want to ask questions about projects you’re working on. It’s a mish-mash of questions, articles, discussions, and tips and it often takes a more critical look at the world of cryptocurrency when compared to other subreddits. Short for decentralized finance, r/DeFi is a community dedicated to discussing - and building - the open financial system that cryptocurrency has promised the world. TL DR:For discussions about decentralized finance and project launches This should be your community of choice if you want to talk about blockchain or the ways that crypto can be applied to the world - without the usual chaos that comes with it. Memes, markets, and promotional posts are all banned from this group, so it’s a great way to get away from the noise and have some calm and in-depth discussions. This subreddit is the best way to satisfy a yearning for more meta conversations about cryptocurrency. ![]() ![]() TL DR:A behind-the-scenes look at the world of crypto Random questions from users in this group often lead to robust discussions about the issue at hand, like the listing of a new coin, or the latest way some crypto CEO has screwed up in public. It’s a useful subreddit to add to your list if you’re into politically charged crypto updates, or if you want to have an open conversation. This group considers itself to be the best place for learning the latest on cryptocurrencies. TL DR:The best place for uncensored crypto-news ![]()
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