MR PRO | Is Reddit Writing the Playbook for Bringing Web3 to the Masses?
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.
