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Reddit's NFT avatar project has hit a significant milestone in less than six months.
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More than 5,000,000 avatars have been created by users on the polygon network.
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This significant event is a beacon of hope amid all the turmoil in the crypto world.
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Reddit announced the initiative in July 2022 to allow users to purchase and create blockchain-based avatars.
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This was a bold move into the NFT avatar area by the popular social news platform and discussion forum.
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Reddit's NFT Project continues to recruit new users. According to the Dune analytics dashboard, over 4.25 Million unique wallets participated in the NFT project, which contributed to the creation of the milestone 5 million NFT collectable avatars.
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Reddit has over 400 million users and more than 100,000 communities. This platform offers vast opportunities for NFT expansion.
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Reddit has been interested in cryptocurrency for a while, so the project was not surprising to them.
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The milestone of 5 million coins being minted is significant for many reasons.
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