Coinbase Says Reddit’s Success Highlights the Potential for NFTs
The platform's non-fungible-tokens are booming despite the bear market, the report said.
Reddit NFT Sales Surge on OpenSea, Challenge Bored Apes
Reddit users are pumping the platform’s Polygon-based non-fungible tokens (NFTs) with cumulative sales volumes of the avatar collectibles topping $6.5 million on Tuesday, just behind the reigning NFT collection Bored Ape Yacht Club. "The Hash" team discusses the latest in the world of digital collectibles and Reddit.
Reddit NFTs Challenge Bored Apes on OpenSea With Trade Surge
As of Tuesday, three Reddit collections ranked within the top 10 NFT projects on OpenSea, reaffirming the massive appeal of PFP collections.
Reddit Users Open 2.5 Million Crypto Wallets After Launch of NFT Marketplace
Among the total 3 million users that have opened Reddit Vault Wallets, 2.5 million have occurred since its NFT marketplace opened in July.
Reddit Expands Community Points Offering With FTX Pay Integration
Social media giant Reddit has formed a partnership with FTX Pay to allow users to pay gas fees on transactions using community points and purchase ether (ETH) directly on the app. “The Hash” team discusses the latest move potentially bringing Web3 to the masses.
Doodles CEO on Pharrell Partnership, First Funding Round Led by Reddit Co-Founder
Pharrell has joined popular NFT project Doodles as the new Chief Brand Officer, also serving as executive producer on Doodles’ first music release in partnership with Columbia Records. Doodles CEO Julian Holguin shares his insights, along with the latest fundraise led by Reddit co-founder Alexis Ohanian, the new Doodles 2 collection and its competition.
AMC Will Soon Accept Bitcoin for Tickets and Concessions
AMC Entertainment Holdings, America's largest movie theater chain, will begin accepting bitcoin payments for tickets and concessions by the end of the year, CEO Adam Aron said on Monday's Q2 earnings call. "The Hash" squad discusses the practicality of AMC embracing crypto and whether it is just a play to appease its online fan community by way of Reddit's Wall Street Bets movement.
Reddit to Scale Its Ethereum-Based Community Points System With Arbitrum
Social media platform Reddit has selected rollup technology Arbitrum to scale its Ethereum-based Community Points system.
Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves
Bitcoin is holding up following a strong bounce from $30,000 support.
