Reddit Reportedly Testing NFT Profile Pic Functionality

Reddit, one of many largest micro-posting websites on the web, is reportedly venturing additional into the world of non-fungible tokens (NFTs). The firm is testing a brand new performance that enables customers to set NFTs as profile pics, one thing Twitter is already doing now. Reddit launched its personal batch of NFTs, referred to as Cryptosnoos, in June 2021, albeit through a restricted launch.

Reddit to Delve Further Into NFTs

Reddit, one of many main micro-posting websites on the web, is reportedly testing NFT-related performance on its platform. According to Techcrunch, the corporate is testing a characteristic that can enable its customers to set NFTs as profile pics on the platform. The announcement was made by Reddit spokesperson Tim Rathschmidt, who acknowledged:

We’re at all times exploring methods to supply worth for customers and communities on Reddit. At the second we’re testing the power to make use of NFTs as profile photos (avatars) and confirm possession.

Rathschmidt additional acknowledged that it is a small, inner take a look at, and the corporate has nonetheless not taken a call in the case of the implementation of this performance for the final userbase. Reddit follows the lead of one other social media big, Twitter, which launched an analogous performance lately, permitting verified customers of the platform to set NFTs as their profile photos and confirm possession of those property.

Reddit’s Previous NFT Moves

The reported inner exams are literally not Reddit’s first foray into the world of NFTs. Last 12 months, the corporate issued its personal batch of non-fungible tokens referred to as Cryptosnoos. Users that acquired these NFTs had profile image performance on Reddit, and the platform included perks for house owners of those property — a few of which are actually priced at over 100 ETH on Opensea. The new exams, nonetheless, would enable all types of NFTs for use in the identical approach, with Reddit being much less restrictive on the problem.

Reddit has additionally been open to the concept of cryptocurrency on its platform. The firm launched a token beta program in December that may enable sure subreddits to get rewarded for his or her contributions in native tokens. These tokens would dwell on a blockchain utilizing Arbitrum, the Ethereum L2 answer, as the bottom. The firm didn’t remark relating to the community on which the NFTs included within the take a look at had been based mostly.

What do you concentrate on NFTs as profile pics for Reddit customers? Tell us within the feedback part beneath.