'I wish we had done this 10 years ago — because it really fits Reddit.'
Reddit wants to create millions more crypto usersamong gamers angry at what they perceive to be pure greed. But while Reddit takes a 5 percent cut of sales from the NFTs, its announcement came and went without much fuss.
Some people hear phrases like that and their eyes roll back so far in their head that they may never recover. But a significant number of executives at tech platforms big and small continue to believe that somewhere in all this lies a solution to many of the criticisms we have of our current lives online: that a small number of companies have too much power; that our data is locked up and inaccessible to us; that platforms ask us to share more of ourselves than we are comfortable with.
Launched about a year and a half ago, roughly one-third of logged-in Reddit users have created avatars so far, he said. Already, he notes, a user can choose to display their digital Reddit avatar as part of a collection on Instagram, or use it as a profile picture on Twitter. The companies didn’t sign a partnership deal to make that happen — it just works because the blockchains run on an open standard.
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