Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    Wedge Patterns Unveiled: Dominate the Crypto Market Like Never Before

    March 14, 2024

    Anthony Pompliano Predicts Bitcoin’s Price Could Double Soon; Leading Crypto Could Eventually Eclipse Gold

    March 8, 2024

    Top Conglomerate Adds 580 $BTC Amid Unprecedented Crypto Popularity. Here’s Why BTC Bull Token Could 100x

    March 27, 2025
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      KAIO Launches Tokenized Version of Hamilton Lane’s Senior Credit Opportunities Fund on Sei

      October 15, 2025

      U.S. DOJ moves to seize $12 billion in Bitcoin tied to Chen Zhi’s scam

      October 14, 2025

      Decoding Michael Saylor’s “Don’t Stop Believin’” Tweet

      October 13, 2025

      Fair launch is the broken promise of crypto

      October 11, 2025

      Shock.com Expands Casino and Sportsbook to Deliver Nonstop Entertainment

      October 10, 2025
    • Technology

      Blockchain Could Clean Up Government Spending, Philippines Official Says

      October 15, 2025

      BNB Chain unveils $45M airdrop reward for traders who ‘experienced losses’ by memecoin crash

      October 14, 2025

      Telegram Reveals 12 New Features: Here’s What’s New

      October 13, 2025

      Proof of Work vs Proof of Stake – Which consensus mechanism is better?

      October 12, 2025

      From free fall to rebound, trade war shakes markets

      October 11, 2025
    • Learn/Guide

      Coinbase adds BNB to asset roadmap

      October 15, 2025

      Tether resolves all issues in Celsius bankruptcy case

      October 14, 2025

      JPMorgan’s Head of Markets Digital Assets says bank will engage in crypto trading but custody remains off the table

      October 13, 2025

      Binance co-founder advises users with losses to contact customer service

      October 12, 2025

      Crypto investor Konstantin Ganich found dead in Lamborghini amid market crash: Report

      October 11, 2025
    • NFTs

      Triple Trouble: Shepard Fairey, Damien Hirst, and Invader Join Forces for Monumental Exhibition at Newport Street Gallery | NFT CULTURE | NFT News | Web3 Culture

      October 2, 2025

      Slimesunday’s Magnum Opus: ‘Banned from New York’ Blows the Lid Off Digital Censorship | NFT CULTURE | NFT News | Web3 Culture

      July 22, 2025

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025
    • Regulation

      VanEck Updates Solana ETF Filing: Here Are the Details

      October 15, 2025

      Kenya Pushes Crypto Bill to Final Step, Awaits President Ruto’s Signature

      October 14, 2025

      Crypto.com Gets UAE’s First Central Bank Nod to Power Crypto Payments for Government Fees

      October 13, 2025

      Bybit Wins UAE’s First Full SCA Crypto License, Unlocks Nationwide Services

      October 12, 2025

      Texas Eyes Ether as Next Asset in State’s Strategic Crypto Reserve

      October 11, 2025
    • Business

      Metaplanet Is About to Drop $881M Into Bitcoin, Here’s the Timeline

      August 27, 2025

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Reddit sunsets Collectible Avatar Creator Program and shifts royalties to artists
    Learn/Guide

    Reddit sunsets Collectible Avatar Creator Program and shifts royalties to artists

    August 30, 20252 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Reddit sunsets Collectible Avatar Creator Program and shifts royalties to artists
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Key Takeaways

    • Reddit is closing its Collectible Avatar Creator Program and phasing out its in-app Vault.
    • Creators will receive all secondary sale fees, and users must export wallets by January 1, 2026.

    Share this article







    Reddit is sunsetting its Collectible Avatar Creator Program, a platform that lets independent artists design and sell limited-edition avatars based on Reddit’s mascot, Snoo, according to an announcement on r/CollectibleAvatars.

    The team has stopped onboarding new creators and plans to close the Avatar Shop on November 11. Remaining creator submissions will be processed until the end of September.

    Built on the Polygon blockchain, Reddit’s “digital collectibles” function as NFTs, giving owners proof of ownership, customization options, and resale rights.

    Collectible avatars could be used as Reddit profile pictures with a signature blue hex ring, customized with accessories, and traded on marketplaces like OpenSea via Reddit’s Vault wallet.

    The social media platform will continue to support the existing Collectible Avatars for user self-expression, but plans to remove the Collection Display on profiles and on-platform NFT transfers.

    Reddit is also retiring its in-app Vault feature. Users will have until January 1, 2026, to export their blockchain wallets by copying their 12-word recovery phrase from the Vault settings.

    On the revenue model, Reddit will update contracts within three weeks to direct all secondary sale fees to creators, eliminating the platform’s share of royalties. Currently, artists earn 80% of primary sales and 50% of resale royalties, while Reddit has rights to the Snoo template.

    “The Creator Program wasn’t just a feature, it was a full-blown movement that rocked Reddit, on the blockchain no less. You all built communities. You created art. Your art became memes,” Reddit stated.

    The platform will maintain off-platform transfers and sales through a simplified import process, allowing users to claim avatars on Reddit by using the “visit Reddit to make it your avatar” link on product pages. The r/CollectibleAvatars subreddit will remain accessible as an archive, though Reddit administrators will no longer post new content.

    Reddit is one of the biggest mainstream platforms to integrate NFTs in a user-friendly way, onboarding millions of people who have never touched blockchain before.

    The closure announcement came after Bianca Wyler, former Head of Reddit Collectible Avatars, resigned from her role earlier this year amid falling sales volumes.

    Share this article









    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Coinbase adds BNB to asset roadmap

    October 15, 2025

    Tether resolves all issues in Celsius bankruptcy case

    October 14, 2025

    JPMorgan’s Head of Markets Digital Assets says bank will engage in crypto trading but custody remains off the table

    October 13, 2025

    Binance co-founder advises users with losses to contact customer service

    October 12, 2025
    Top Posts

    Top NFT Projects in 2023: A Short Lesson for Beginners

    September 28, 2023

    Silo Pharma rallies, Fireblocks joins crypto treasury pivot

    September 23, 2025

    Azteco secures $6m in Jack Dorsey-led fundraiser

    October 1, 2023

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    KAIO Launches Tokenized Version of Hamilton Lane’s Senior Credit Opportunities Fund on Sei

    October 15, 2025

    U.S. DOJ moves to seize $12 billion in Bitcoin tied to Chen Zhi’s scam

    October 14, 2025

    Decoding Michael Saylor’s “Don’t Stop Believin’” Tweet

    October 13, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

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