• The Drop
  • Posts
  • Reddit Launches Cool Cat Avatars

Reddit Launches Cool Cat Avatars

Another day, another successful avatar mint

Author

Gannon Breslin
July 27, 2023

Breaking NFT News, Project Breakdowns, & Artist Spotlights. We do all the heavy lifting for you! Follow our Twitter / Join our Discord to win raffles and allow list spots!

gm,

Here is the breakdown of today's newsletter:

🔥 Reddit Gen 4 Avatars

  • Snoop Dogg just launched an ice cream flavor fronted by his Bored Ape "Dr. Bombay". (BB)

  • Kraken recently updated its website to a new and more user-friendly design. (K)

  • Fashion Brand Gucci plans to reward NFT holders with physical clothing drops. (@crypto_kermit)

Cool Cats 🤝 Gen 4 Reddit Avatars

Without question, Reddit is one of the most successful Web2 companies to potentially onboard millions of people into web3.

💡 Some of the numbers

18 MILLION - yes that is the amount of minted avatars there are in existence to date.

$388 MILLION - the amount that Reddit NFT avatars have generated in sales.

💧 Gen 4 Drop

Yesterday, Reddit did it again with their Gen 4 drop labeled “Retro Reimagined” but this time they switched things up a bit.

Reddit featured artists from the Cool Cats collection (Clon), Micah Johnson (Aku Dream), Chris Torres (Nyan Cat Creator), and several others to come out with a foray of new avatars in their respective themes.

The prices ranged from $2.49 to $199.99 a piece at the time of writing most have sold out (as you can see below).

Probably the most intriguing video we have seen in a while. WORTH THE WATCH!

Sponsored Content: There is no sponsored content in this newsletter.

What did you think of today's Drop?

(don't be afraid to respond to our email for in depth analysis)

Login or Subscribe to participate in polls.

If you would like to advertise your brand to 23,000+ readers or get your project featured fill out the form below:

That's all for today's issue! Thanks for reading this far and also make sure to give our Twitter a follow daily for breaking NFT/web3 news! (@TheDropNFT)

Follow the team:

Disclaimer: The Drop DOES NOT provide financial advice. All content is for informational purposes only. The Drop is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.