2022-10-26
As the report released by Polygon and Dune Analytics shows the trading volume of Reddit
NFT avatars has smashed $1.5 million within 24 hours later. This increasing to
be accounted for more one than a third of digital collectibles sales volume at $4.1
million since they declared this project. In Addition, the daily trading volume
has been reported as changing hands of Reddit NFTs for the digital collectibles
over 3,780 items made the highest stats on record.
Reddit Avatars were designed by freelance artists and created as NFTs on polygon blockchain, all users can purchase digital assets on Vault- which is the crypto wallet, and they can use be accessories or show up on their profile as Reddit’s online platform when users create your content on their platform.
After your purchase, you can sell or buy it on a secondary
marketplace like OponSea or another. Although, some collections will offer a lower
rate, or never but some items have a floor
price
of more than $2,000. Regarding this higher rate for a presently Reddit NFT is at
$24,149 or 18 Ether.
As currently,
Reddit desire to be a channel to create a digital collection
as a non-fungible token and build a profit from them on the marketplace, so this
time the report shows creators have so many royalties from the secondary marketplace
over $60,000.
More details: nftevening.com
Reference link: Cointelegraph.com
