NFT Industry News

Reddit is testing out NFT profile pics, but ‘no decisions have been made’

Reddit is testing out nonfungible token (NFT) profile photos on its platform, with the information coming only a week or so after Twitter carried out the same characteristic.

The favored social media platform had round 430 million month-to-month customers in 2021 and is reportedly engaged on an NFT profile image implementation that may allow customers to set their profile image to any NFT with an connected picture.

In an Interview with TechCrunch on Thursday, Reddit spokesperson Tim Rathschmidt stated:

“We’re all the time exploring methods to offer worth for customers and communities on Reddit. For the time being we’re testing the flexibility to make use of NFTs as profile photos (avatars) and confirm possession.”

“It’s a small, inside take a look at and no selections have been made about increasing or rolling out the potential,” he added.

Earlier within the week, an app developer posted a banner from Reddit selling the characteristic, suggesting the exams are already properly superior.

Associated: Crypto YouTubers fall sufferer to hacking and scamming try

Twitter additionally introduced NFT profile photos final week, out there to Twitter Blue subscribers on iOS. Nonetheless, NFTs have confronted appreciable backlash from avid gamers and Web2 builders just lately. A day after the launch, a GitHub contributor shared a browser extension that mechanically blocks Twitter accounts utilizing NFT profile photos.

Reddit has been experimenting with numerous initiatives round NFTs for a while. It even arrange a devoted page for NFT-related actions at nft.reddit.com.

In Could 2020, the corporate introduced cryptocurrency tokens for its r/Cryptocurrency and r/Fortnite communities. These tokens had been referred to as MOON and BRICK and are primarily based on Ethereum requirements.

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