 | On July 7th of 2022 the first post on new subreddit rCollectibleAvatars was made, it was the early access announcement to purchase the very first Reddit collectible avatars now known as Gen 1. First Post on collectible avatars subreddit The very first Avatar was actually minted the day before presumably to the artist of the collection. First minted avatar was Series-137 from the Celestial Assembly collection, it's had offers as high as 1.5 Eth but has never been sold. currently there are 12,649,256 unique reddit avatar collectible holders. It is important to note that the vast majority of these are held by people who don't even know what an NFT is and are holding it on their Reddit vaults. you can see that things for Gen 1 didn't really pick up until after the first free drop of avatars was released Secondary sales hit their peak right when Gen 2 released, this would have been right when Crypto Twitter found out about Reddit Avatars and came in to become exit liquidity. Reddit Collectible Avatars have done over $32 million in total sales The current Market Cap of Collectible avatars is $78.7 million with a total of 16,744,469 avatars minted You can see more information here The current rumor is the Gen 4 will be released in September of 2023 with some artist from that collection already dropping teasers. [link] [comments] |
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