GM DOers!
What’s going on with Reddit NFTs?
They say a picture tells a thousand words but…
I’d say a chart tells even more and this chart below is the most significant chart in web3 right now.
NFTs have been around since 2017 and have accumulated 3.4 million unique users (wallets) over that time (across all relevant marketplaces on Ethereum, Polygon, BNB, Arbiturm, Optimism, and Avalanche).Reddit almost doubled the total NFT market with its collectible avatars since launching in May of 2022. That’s 9 months total for Reddit versus 6+ years for the entire NFT market! 🤯
Are we witnessing the inflection point for NFTs right in front of our eyes?
Is Reddit in the process of taking NFTs mainstream or what is really going on here?
In this report, we are going to 👀🔛⛓️ to see what’s really happening with Reddit NFTs and combine that with insights into what Reddit is doing to see such incredible growth.
Buckle up friends, this PRO report is a banger.
The trojan horse of web3 has arrived and its name is Reddit.
Reddit Collectible Avatars TL;DR
Subscribe to Premium to read the rest.
Become a paying subscriber of Premium to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In.
A subscription gets you:
- • Full access to the Milk Road Portfolio & weekly updates to see what we’re actively investing in
- • NEW: Unlimited access to the Milk Road PRO Token Center with token ratings and insights. 🔓
- • Weekly “Where Are We In The Cycle?” indicators to help you spot the bull market top before it’s too late 📈
- • Weekly reports that help you spot early trends, navigate the markets by limiting risk & catch those sweet cha-ching moments 💰
- • Access to the PRO Community, where the Milk Road crew & 1000s of fellow PROs talk crypto. Don’t miss the monthly live events! 🫂
- • 50% OFF the Crypto Investing Masterclass 📚️
