Reddit may be preparing to launch its own NFT platform
Other social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces. Social media platform Reddit appears to be hiring workers to support the design, build, and maintenance of a nonfungible token platform.According to a Greenhouse job posting, Reddit is looking for a senior backend engineer for a platform responsible for “millions of users to create, buy, sell and use NFT-backed digital goods.” The position requires at least five years of experience in backend development as well as the ability “to design and....
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Reddit is not exactly known as a safe haven for constructive posts, friendly comments or honest moderators. In fact, this “front page of the Internet” has become rather toxic in some cases, as readers can turn on each other in a heartbeat. However, there is also a great amount of valuable content to be found on this platform, which is part of why Reddit....
Popular social media platform Reddit will launch a new feature called Collectible Avatars. These blockchain-backed items are non-fungible tokens (NFTs) running on Ethereum’s second-layer scalability solution Polygon. Related Reading | How This Elon Musk Company Has Enable DOGE Payments For Las Vegas Transportation The social media platform has tested the feature since January 2022, but rumors […]
Reddit is jumping in on NFTs. The social media platform has unveiled ‘CryptoSnoos’, 1-of-1 NFTs for the platform built on ethereum. Reddit has previously partnered with the Ethereum Foundation to bring the cryptocurrency subreddit their own native crypto, ‘Moons’. CryptoSnoos: A New Type Of Avatar Reddit has already minted and put up for auction three […]
Earlier today, Reddit posted to its blog and announced the "Reddit notes," the name of the long-awaited Reddit cryptocurrency. Reddit recently closed a $50 million USD funding round led by Sam Altman, Marc Andreessen of Andreessen Horowitz, and Alfred Lin of Sequoia Capital. Soon thereafter, Reddit announced their plans to "share" 10% of the equity raised with the loyal users of Reddit, without whom the funds could not have been raised. To help with their new cryptocurrency, Reddit posted a job ad for a "cryptocurrency engineer" and quickly hired BitPay developer Ryan Charles back in....