- Polygon co-founder Sandeep Naylwal celebrated the success of the collection
- This was helped by the popularity of the social network and sound policies
Polygon co-founder Sandeep Naylwal took to Reddit to answer a bunch of questions and share his optimism about the future of cryptocurrency in the gaming sector.
The businessman emphasized the significant success of the Reddit platform itself. There are now more than 9 million avatar collectors here. They are created on the Polygon network.
“Reddit is the only major tech company that has ‘cracked the NFT code,'” Nejlwal said.
Remind that the social networking platform released NFT as “collectible avatars” on Polygon last summer.
They gave away a lot of tokens for free to their loyal users.
Then there were the early sales, where you could buy NFTs for up to $100. But on the secondary market, such tokens were already sold for hundreds of dollars.
It is interesting that thanks to the Reddit collection, the number of cryptocurrency users has significantly increased.
In the first 3 months, they attracted 3 million users. In 9 months, that number exceeded 9 million.
Neilwal shared his views on how to further develop NFT Reddit. He suggests that the company create its own marketplace, as well as a touchpad for digital artists.
In this way, the brand will increase revenue from collections and attract more members.
By the way, the co-founder of Reddit bought 50,000 ETH at 30 cents 9 years ago. So the company has a good intuition for successful projects.