Reddit integrates Ethereum-based NFTs on its platform.

April 4, 2022

Social media platform Reddit incorporated NFTs onto its platform with Cryptosnoos.

Earlier, four unique NFTs were auctioned for up to $400,000 each to be used as avatars on the social media platform.

Currently, Reddit users are not permitted to use their own NFT as an avatar.

Ownership of CryptoSnoos NTF does not grant commercial rights to the artwork it represents, Reddit’s NFT terms and conditions noted.

The NFT integration is considered to be an early stage experiment by Reddit.

The NFT integration by Reddit may later be extended to all of the platform’s users.

Earlier, Twitter enabled a similar feature allowing users to put NFTs they own as their profile pictures.