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Reddit Launches Cool Cat Avatars

Another day, another successful avatar mint

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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!

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