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Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain
10.3.2023
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to...
Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million
25.10.2022
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon...
Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users
7.7.2022
The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost transactions and sustainability commitments.” Reddit’s...