Key Takeaways
- Reddit is reportedly testing a function that may permit customers to set their profile image to photographs connected to NFTs.
- The function is at present being examined internally, based on an organization spokesperson, although it could already be semi-public.
- Twitter additionally launched NFT profile footage final week.
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Social media website Reddit is testing NFT profile footage, based on latest statements from folks inside the corporate.
NFT Profile Photos Are Being Examined
Reddit’s new function would reportedly permit customers to set their profile image to any non-fungible token with an connected picture.
Reddit consultant Tim Rathschmidt offered an announcement to the information website TechCrunch right this moment explaining the function. He acknowledged that the social media firm is “testing the power to make use of NFTs as profile footage (avatars) and confirm possession.”
He additionally referred to as the venture “a small, inside take a look at” and mentioned that Reddit has not determined whether or not to supply it extra extensively. TechCrunch added that the function “hasn’t been made obtainable to public customers.”
Nevertheless, Nima Owji, an app developer who isn’t related to Reddit, found a banner selling the function earlier this week, which means that the function might already be semi-public.
By the way, Twitter added assist for NFT profile footage final week. Very like Reddit, Twitter is testing the function by limiting its availability to customers subscribed to Twitter Blue.
Reddit’s Different Crypto Actions
Reddit beforehand has undertaken different crypto efforts. In Might 2020, the corporate launched cryptocurrency tokens for its /r/cryptocurrency and /r/Fortnite communities. These tokens are referred to as MOONs and BRICKs and are based mostly on Ethereum requirements.
In June 2021, Reddit launched its personal line of NFTs referred to as “CryptoSnoos,” that are based mostly on the corporate’s alien mascot.
Final October, the corporate printed a job posting suggesting that it might rent workers to construct a bigger NFT platform. In November, varied reviews advised the corporate may convert its “karma” system to a system backed by NFTs.
Reddit has roughly 430 million month-to-month customers, which means that these options may introduce NFTs to a really vast viewers.
Disclosure: On the time of writing, the writer of this piece owned BTC, ETH, and different cryptocurrencies.
