• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

2025-05-30

🔥 Top 15 FIRE Stories of the Week 🔥 You Won’t Believe #5 😲📈

2025-05-30

Is Bitcoin Still Actually Decentralized?

2025-05-30

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    2025-05-30

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    2025-05-26

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    2025-05-23

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21

    What Is Blockchain? Blockchain Technology Explained for Beginners

    2025-05-21
  • Videos

    🔥 Top 15 FIRE Stories of the Week 🔥 You Won’t Believe #5 😲📈

    2025-05-30

    Is Bitcoin Still Actually Decentralized?

    2025-05-30

    🌍Biggest Week in BTC History: 401Ks, IBIT, Trumps & $112K Perpetual Bid

    2025-05-29

    Bitcoin Spammers Working With The CCP?

    2025-05-29

    URGENT: Bitcoin Holders, Please Watch!

    2025-05-28
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»NFT»Reddit Unleashes Limited Edition NFT Avatars
NFT

Reddit Unleashes Limited Edition NFT Avatars

2023-09-07No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

With 32 NFL teams in the league, Reddit has decided to limit the number of avatars available for each team to 500, resulting in approximately 16,000 avatars up for grabs.

The National Football League (NFL) season is about to begin, with the Kansas City Chiefs and Detroit Lions set to play the season’s first game. Reddit is seizing this opportunity to excite fans by releasing a collection of digital avatars backed by non-fungible tokens (NFTs). With 32 NFL teams in the league, Reddit has decided to limit the number of avatars available for each team to 500, resulting in up to 16,000 avatars up for grabs. Each avatar costs $25 and is based on Reddit’s iconic alien mascot, known as ‘Snoo.’ This release marks one of the largest NFT collections ever launched by Reddit.

This isn’t the first time Reddit has gotten involved in NFL-related NFTs. They released 500,000 limited-edition NFTs tied to Super Bowl LVII in February, and these NFTs are also available on the OpenSea marketplace.

Reddit has seen a significant increase in NFT minting activity, owing largely to its collaboration with the NFL in the release of Super Bowl-themed NFTs. The number of avatar owners on Reddit has experienced a major increase within a short time, demonstrating the rapid adoption and growing interest in NFT avatars among Reddit’s user base.

🎉 TODAY IS THE DAY 🎉 Introducing NFL #RedditCollectibles for all 32 @NFL teams (limited to 500 units per team). Draft yours now! 🏈 #NFLxReddit #2023NFLKickoff https://t.co/e43sIHl9oW pic.twitter.com/WOjRagyJmv

— Reddit (@Reddit) September 6, 2023

Given Reddit’s nature as an online community known for hosting a diverse array of discussion forums where users engage in conversations, share content, and vote on posts, this trend isn’t entirely surprising. Many users come together around specific interests, making the acquisition of an NFT representing their interests a valuable opportunity. Football fans, for example, would jump at the chance to own an NFT representing their favorite team or favorite player.

See also  China’s top prosecuting body issues warnings, guidance about country’s NFT market

Reddit enhances the NFT experience by offering a digital wallet known as the ‘Vault’ within its mobile app. This wallet allows users to securely store and manage their digital collectibles, such as the NFT-backed avatars.

Sports Fans and NFTs: A Winning Combination

Notably, surveys have shown that sports fans are more likely to own NFTs and cryptocurrencies such as Bitcoin and Ethereum. The link between sports fans and digital assets such as NFTs is critical in accelerating NFT sales in the sports domain. The CR7 NFTs dedicated to Cristiano Ronaldo, for example, sold out all of their premium features within a week of their November 2022 launch, despite the challenging climate in the crypto and NFT communities at the time.

The global community of passionate sports fans awaits the opportunity to acquire NFTs associated with their favorite athletes or players with eagerness. Furthermore, many sports NFTs’ limited availability adds to their appeal. Owning a sports NFT fosters a sense of community and fandom among sports fans, and many see these digital assets as viable investment opportunities. These factors, among others, contribute to sports NFTs’ increased appeal and rapid sales.

avatars Edition Limited NFT Reddit Unleashes
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

All Eyes on Art: Upcoming Collections to Watch the Week of February 4

2025-02-05

Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling

2024-08-29

OpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fund

2024-08-29

Impressive Bitcoin and Crypto Stats | 2024 Jeep Wrangler Rubicon 392 Final Edition

2024-08-24
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Bitcoin

Bitcoin’s price slump continues – Should you change your predictions now?

2024-03-20

BTC was down by more than 4% in the last 24 hours alone. A few…

Altcoins

Ethereum crosses $1800 as bulls extend control

2023-10-26

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice…

Videos

1 of 7 “Bitcoin: The Superior Successor to Gold and Fiat Money”

2023-05-08

Welcome to CINN Crypto Investor News Network – your go-to source for the latest news,…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

2025-05-30

🔥 Top 15 FIRE Stories of the Week 🔥 You Won’t Believe #5 😲📈

2025-05-30

Is Bitcoin Still Actually Decentralized?

2025-05-30

What Is Asset Tokenization? Types, Why It Matters Now [2025]

2025-05-30
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 105,360.23
ethereum
Ethereum (ETH) $ 2,537.10
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.17
bnb
BNB (BNB) $ 658.06
solana
Solana (SOL) $ 156.84
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.192747
tron
TRON (TRX) $ 0.269779
cardano
Cardano (ADA) $ 0.681697
bitcoin
Bitcoin (BTC) $ 105,360.23
ethereum
Ethereum (ETH) $ 2,537.10
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.17
bnb
BNB (BNB) $ 658.06
solana
Solana (SOL) $ 156.84
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.192747
tron
TRON (TRX) $ 0.269779
cardano
Cardano (ADA) $ 0.681697