Reddit is reportedly trialing a new feature that will allow its users to authenticate and showcase their non-fungible tokens (NFTs) as profile pictures.
According to a statement provided to TechCrunch on Wednesday, Reddit spokesperson Tim Rathschmidt said “We’re always exploring ways to provide value for users and communities on Reddit.” He further added, “At the moment we’re testing the ability to use NFTs as profile pictures (avatars) and verify ownership.”
You asked (a lot), so we made it. Now rolling out in Labs: NFT Profile Pictures on iOS pic.twitter.com/HFyspS4cQW
— Twitter Blue (@TwitterBlue) January 20, 2022
This new way for users to authenticate their profile pictures is fueled by non-fungible tokens (NFTs). This comes as good news for NFT owners who have been uploading jpeg images of their digital assets as profile pictures.
On Twitter, NFT profile pictures appear as hexagons rather than in the circular format that is available for regular profile pictures. Tapping on the pictures prompts details about the art and its ownership to appear.
Also interesting to note is that Twitter launched its $US2.99 per month subscription offering in the US back in November, in addition to Canada, New Zealand, and Australia, which provides access to a range of add-on features like undo tweets, new color themes ad-free articles.
Back to Reddit…
Though no report on how Reddit plans to host its NFTS, this generally goes to highlight an issue with what’s theoretically a decentralized market, where people are not – again, theoretically – reliant on any one platform.