The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately halted the project.
Reddit News
Reddit is a social news site where all registered users can share links with any information they find interesting. Like many other popular sites, Reddit has a voting system so that a post which receives a large amount of “upvotes” gets a chance to be shown on the main page. The author of the site explained the origin of the name with the phrase: “I read it on Reddit”.
Reddit’s cryptocurrency news is related to topics that users provide, together with the participation of the platform itself concerning the world of digital currency. Reddit was one of the first organizations that began accepting Bitcoin, although they stopped accepting cryptocurrency in March, 2018, perhaps because of the constant breaches on the platform which they used for making transactions, according to the Reddit administration. Nevertheless, in April of the same year, there was news about a revival of BTC in the service with addition of Ethereum and Litecoin.
- News4330
- News
Coca-Cola has chosen the newly-launched Coinbase layer-2 network Base to deploy its Masterpiece NFT collection.
5354 - News
The tokens are part of the Reddit Community Points initiative to create cryptocurrencies that would incentivize content creation.
7877 - Newsletter
The creators of the popular NFT game Axie Infinity announced a partnership with NFT collection CyberKongz to migrate the Play & Kollect game to Ronin.
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Despite the downturn in the NFT industry, Reddit continues to attract new holders of digital collectibles issued on the blockchain.
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Spasova emphasized that the primary motivation behind running Collectible Avatars on-chain is to empower users with freedom of use.
3318 - Opinion
Open APIs are vital for healthy communities on social platforms. With Web2 companies beginning to reject that principle, Web3 could be poised to supplant them.
16132 - News
So far, the trader has accrued 2.65 BTC at an average price well under the current level of around $30,000.
15641 - News
Reddit communities unanimously decided to go private or in read-only modes from June 12 to 14, protesting against an upcoming change that would prevent users from freely accessing APIs and tools.
19246 - Newsletter
The value of popular NFTs has sharply declined over the past year, with drops of up to 95%.
5137 - News
The popular social platform is about to hit a big milestone in terms of collectible avatar holders after launching “Reddit NFTs” in July 2022.
5547 - News
Polygon co-founder Sandeep Nailwal says that speculation has been both the “boon and bane of crypto,” but genuine use cases will eventually rise to the surface.
5921 - Follow up
After the explosion in popularity of the Pepe memecoin, moderators on the original Pepe the Frog subreddit felt the pressure to lay down the law.
3806 - News
Within two days, the token’s price plummeted from an all-time high of $0.00067279 to an all-time low of $0.00004827.
7261 - Newsletter
Cointelegraph went to the NFT.NYC event in New York and learned how industry leaders feel about the state of play-to-earn gaming.
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