Download App
iOS & Android

Reddit Avatar NFTs Have Reached $5 Million Total Sales Volume

On October 25, according to Dune Analytics, Reddit Avatar NFT cumulative sales exceeded $5 million and total sales surpassed 20,000.

In addition, the total number of Reddit Avatars is now close to 3 million, and the total number of addresses is 2,834,944.


All Comments

Recommended for you

  • Endgame Staking Economics: A Case for Targeting

    This post explores the status quo of staking economics, its drawbacks as we see them and what the endgame of staking economics could look like. Read about our separate proposal for an immediate issuance policy update in Electra here 9. Many thanks to Anders, Barnabé, Francesco, Julian, Dankrad, Thomas, Vitalik, Mike, Justin, Jon, Nixo, and Sam for feedback and discussions. Reviews ≠ endorsements. This post expresses opinions of the authors, which may not be shared by reviewers. The work presented here is built on the shoulders of Anders’ 1 prior work:
  • MEV-Boost Withdrawal bug

    AcknowledgementsThis research has been granted by Chorus One. We are grateful to M. Moser and G. Sofia for useful discussions and comments. We acknowledge Data_Always 1 for providing some of the data used in this analysis.
  • Crypto Derivatives: Analytics Report – Week 8

    Since the previous update, both BTC and ETH annualised yields have continued to rise, reaching their highest levels since the buildup of leverage preceding BTC’s ETF announcement. Continued positive funding rates for BTC and ETH perpetual swaps indicate demand for leveraged long exposure. BTC’s SABR ATM implied volatility has risen significantly across all tenors, with a strong skew towards OTM calls in BTC’s 25-Delta Risk Reversal, especially at longer-dated tenors. ETH’s volatility has also increased notably, particularly at the 3-month tenor, but with a less bullish sentiment at shorter-dated tenors, indicated by a tilt towards puts in the 25-Delta Risk Reversal. Both BTC and ETH implied vol surfaces have trended upward over the past 30 days, suggesting ongoing market volatility across derivatives markets.
  • Frame This

    Casting far in Web3 social networks.
  • At the Crossroads: Bitcoin ETFs & Coinbase

    The widespread acceptance of cryptocurrencies has evolved significantly in recent times, moving from relative obscurity into the limelight. This shift has been notably propelled by the launch and remarkable performance of Bitcoin spot Exchange-Traded Funds (ETFs), capturing the attention of analysts, bankers, and technologists.
  • a16z ·

    Investing in EigenLayer

    It’s exceedingly rare to come across a founder with a vision and plan that has the potential to change everything. I have come to know EigenLayer founder Sreeram Kannan to be not only brilliant, but also fundamentally motivated by a vision of the future so crisp and compelling that it momentarily becomes real when you talk to him. Sreeram has what I like to call the Promethean flame; he is driven to bring a new technology to life first and foremost because of the future it will create.
  • Chief Story Officer

    We are all speculators. Every instant we exist in this universe is filled with uncertainty. In our attempt to wade through an unpredictable existence, our brain constantly constructs a probabilistic map of our environment. Our actions are based not on facts but on perceived probabilities across various outcomes.
  • Terra founder Do Kwon to be extradited to U.S.

    Terra founder Do Kwon will be extradited to the United States.
  • ON–207: Move Ecosystem

    The Move programming language was originally created by Meta to enable its Libra/Diem blockchain. After the project shut down in 2022, team members continued to build outside of Meta. Aptos is a Layer 1 blockchain that stayed close to Move’s original implementation, while Sui by Mysten Labs modified some of the tech. Both of them VC-backed, today Sui is a top 10 blockchain with a $668.75M TVL. Aptos is half its size at a $339.87M TVL, but still ahead of prominent players like Osmosis and NEAR.
  • Bitcoin Optech Newsletter #290

    This week’s newsletter describes a proposal for providing DNS-based human-readable Bitcoin payment instructions, summarizes a post with thoughts about mempool incentive compatibility, links to a thread discussing the design of Cashu and other ecash systems, briefly looks at continuing discussion about 64-bit arithmetic in Bitcoin scripts (including a specification for a previously proposed opcode), and gives an overview of an improved reproducible ASMap creation process. Also included are our regular sections describing updates to clients and services, new releases and release candidates, and notable changes to popular Bitcoin infrastructure software.