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Reddit Users Created 3 Million Crypto Wallets to Scoop Up Polygon NFTs

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At least 3 million new users have turned to crypto, scrambling to scoop up one of Reddit’s Collectible Avatars NFTs. Redditors have created more than 3 million Reddit Vault wallets to buy and trade NFT avatars, which are based on the platform’s Snoo character, since the series launched in July, according to chief product officer Pali Bhat. Bhat was speaking on a panel at TechCrunch Disrupt in San Francisco on Tuesday with executives from Angel List and Calendly. Reddit has grown into an Internet giant since it launched in 2005. It generated $350 million in revenue last year ...

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