Block Climbing Podcast: Reddit launches Totally Not NFTs
This week Reddit announces Collectible Avatars that sure do sound like NFTs. Meanwhile, the crypto 'bailouts' have begun.
The crypto market may still be crashing, but that hasn't stopped Reddit from launching Collectible Avatars that are Totally Not NFTs. They're unique digital avatars that are minted on the blockchain, but sure.
Speaking of crypto nuclear winter, the 'crypto bailouts' have begun. Tegan and Tim look at what this actually means and whether it's actually comparable to the bailouts that went down during the 2008 Global Financial Crisis.
Listen to the episode: Reddit launches Totally Not NFTs
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Show notes and sources
- Reddit will sell 'Collectible Avatars,' and yes — they're NFTs [The Verge]
Head of ESMA Rules out Bailout of Crypto Investors [Business 2 Community]
It's Bailout Season for Crypto Companies [Observer]