Reddit NFT Launch Creates 2.5 Million Crypto Wallets
When the popular social media platform Reddit announced its entry into the NFT sector earlier this year, there was concern about how it would be received by its users. Now, a few months later, it's safe to say that Reddit's efforts have paid off.
Not only did his digital collectibles sell for thousands of dollars in the resale market, they also influenced the creation of a cryptocurrency wallet. According to Reddit's Chief Product Officer Pali Bhat, more than 2.5 million asset wallets have been created through the Vault blockchain wallet.
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