this post was submitted on 27 Aug 2025
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What is the 99.99 stuff? NFT ? Avatar?
Reddit is really the only online place that embraced NFTs and maintained an ecosystem with them. It's a small ecosystem, but they use them in all their absurdly nihilistic glory.
If I understand correctly you can buy a NFT to use as your profile picture. But its completely useless since the only place you will ever see it as a tiny icon next to your name in the comments and on the profile page that no one visits.
Reddit says that most of these are "limited runs" but that's BS because "limited" can mean they made 5 or 5 000 000.
Both, I believe. I haven't used reddit for a while, but when I was on there and they were selling NFTs, they were both avatars (more specifically, a combination of outfit pieces you could mix and match with other pieces from other NFT and non-NFT avatars) and a collectible at once.
I honestly don't have much of a problem with how they did NFTs as avatars. If you want to monetize your platform in a way that doesn't paywall any actual features or meaningfully impact the user experience, go for it. But they really started to go hog wild on it and promoted it so persistently that it felt like you were being made to care about a profile picture you probably wouldn't have remembered you even had otherwise.