Over 3 million Redditors create crypto wallets to buy NFT avatars

In July, Reddit jumped on the NFT train, launching an NFT-based marketplace that allows users to purchase blockchain-based profile pictures for a fixed rate.

Over three million Redditors have used Reddit’s Vault blockchain wallet to create over 3 mln crypto wallets to date. Most of those — 2.5 million — were created to purchase NFT avatars that can be used as profile pics.

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