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Submitted URL:
https://nftnewspro.com/reddit-has-awa
Effective URL:
https://nftnewspro.com/reddit-has-awarded-over-1-million-super-bowl-nfts-on-polygon/
Submission: On February 11 via api (February 11th 2023, 2:51:12 pm UTC) from RU — Scanned from NL

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Saturday, February 11, 2023
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NFT NEWS PRO ⤏ Reddit has awarded over 1 million Super Bowl NFTs on Polygon


REDDIT HAS AWARDED OVER 1 MILLION SUPER BOWL NFTS ON POLYGON

6 hours agoMahKa



Reddit’s Collectible Avatars project is a great example of a successful Web3
on-ramp. Over the past few months, the discussion site has given away millions
of free NFTs to users. And thanks to a new deal with the NFL to give away free
NFTs during the Super Bowl, Reddit is about to reach another important
milestone.

Since Monday, when the official Super Bowl LVII NFT avatars were made available,
about 1.3 million have been made. More than 500,000 were made on Tuesday alone.
According to public blockchain statistics on Dune, Reddit users have made about
10 million Collectible Avatar NFTs so far, and the current number is over 9.7
million.

Reddit users can get one of four unique avatar styles for the Super Bowl for
free, including ones for the Kansas City Chiefs and the Philadelphia Eagles.
Collectible Avatars for Reddit are made on Polygon, which is a sidechain network
for Ethereum that makes transactions cheaper and faster.



Because they are free, Reddit’s Super Bowl NFTs aren’t affecting any trading
activity. On the largest NFT market, OpenSea, prices on the secondary market
start at just 0.18 MATIC ($0.23), and the NFL collection has only been traded
for about 5 ETH ($7,600) since the site started.

For many Web3 fans, the most appealing thing about Reddit’s NFT program is that
it makes it easy for people to join the space. Reddit users can make a wallet by
clicking a button, picking an avatar from a list, and setting a password for
their new wallet. If you want, you can move the avatars to an external wallet
and trade or sell them from there.

Dune data shows that Reddit’s Polygon avatars are in more than 6.6 million
unique wallets, including about 500,000 wallets made this week because of the
Super Bowl promotion.

Content Source: decrypt.co

Cover Image Source: yahoo.com

View This NFT

About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the
metaverse, Web3 and similar topics.


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 * BAYC copycat opposes 10 Yuga Labs trademark application →


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nftnewspro.com Open in urlscan Pro 2a06:98c1:3120::c Public Scan

Form analysis 4 forms found in the DOM

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Name: options —

POST

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nftnewspro.com Open in urlscan Pro
2a06:98c1:3120::c Public Scan

Form analysis
4 forms found in the DOM