Reddit Onboards 616k New Wallets and Mints 2 Million Avatar NFTs in 30 Days

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  1. Reddit experienced a significant surge in Web3 adoption, onboarding 616k new wallets in just one week.
  2. Over the past 30 days, Reddit users have minted more than 2 million Avatar NFTs, indicating a growing interest in digital collectibles.
  3. Although these numbers may not represent unique individuals, they highlight the substantial engagement and activity required to mint Reddit NFTs.

Reddit, the popular online platform, has quietly witnessed a remarkable surge in Web3 adoption, with 616k new wallets onboarded in the span of just one week. This influx of new users showcases the growing interest and participation in the decentralized web and blockchain technology.

Reddit quietly onboarded 616k new wallets LAST WEEK alone into Web3! 🚀

In the last 30 days, more than 2 million new wallets minted Reddit Avatar NFTs 🤯

While these are not unique humans, it’s close, as you need a unique Reddit account with activity to mint the Reddit NFTs… pic.twitter.com/TzrSAGuilf

— Kylereidhead.eth 👀🔛⛓️ (@KyleReidhead) July 4, 2023

Furthermore, in the past 30 days, Reddit users have minted over 2 million Avatar NFTs. While these numbers may not represent unique individuals, they highlight the substantial engagement and activity required to participate in the minting process. To mint Reddit Avatar NFTs, users must have a unique Reddit account with activity, making these numbers a close approximation of the actual user base.

The remarkable growth in Web3 adoption and NFT minting on Reddit paves the way for an exciting future as the platform prepares to launch its own NFT marketplace. With such a massive user base and increasing interest in digital collectibles, the Reddit NFT marketplace is anticipated to be a game-changer in the NFT ecosystem.

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The launch of the Reddit NFT marketplace is expected to generate significant excitement and activity, attracting both creators and collectors alike. As Reddit ventures into the world of NFTs, it has the potential to reshape the digital art and collectibles landscape, offering a unique platform for users to showcase their creativity and connect with a vibrant community.

In conclusion, Reddit’s rapid growth in Web3 adoption and NFT minting demonstrates the platform’s evolving presence in the decentralized space. With the onboarding of 616k new wallets and the minting of over 2 million Avatar NFTs, Reddit is poised to become a major player in the NFT marketplace arena. The upcoming launch of their NFT marketplace holds immense potential and promises an exhilarating future for creators, collectors, and the entire Reddit community. cryptonewsland.com

Source: cryptodaily.co.uk

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