Hassan Maishera
Sandeep Nailwal, Polygon’s co-founder, announced via Twitter on Thursday that Reddit will be launching its NFT avatar marketplace on the Polygon blockchain. According to Techcrunch, users don’t need to have a crypto wallet to buy them, so a credit or debit card should be enough, and they can use Reddit’s own wallet product to store them. The social network said it is releasing 90 designs with the total amount of NFTs going for sale in this early-access phase being “tens of thousands.”
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is up by 12% in the last 24 hours and is currently trading at $0.5840.
