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Non-fungible tokens (NFTs) don't always come from places you would expect. One platform that has shown an eagerness to provide its community with easy access to NFTs is Reddit, which is a social news website and forum. In fact, Reddit has been a big supporter of the cryptocurrency industry, demonstrated by its acceptance of cryptocurrency as an alternative payment method for in-app purchases back in 2013.
Over the years, Reddit has introduced many features to its community that indicate the platform will broaden its support for the NFT industry in the years to come. Recently, it has even introduced its own collection of NFTs that are given away for free. Before we start talking about its recent NFT collection, let’s first take a look at what Reddit is and how it works.
Reddit is a popular networking site that allows users to discuss, vote on and share content. Any user who joins Reddit can provide posts with a downvote or upvote, which determines how popular a post is when it comes to search rankings.
Reddit exists as a forum and networking site with more than 430 million active monthly users. These users can search Reddit for entertainment, news, updates, marketing and memes that cover all manner of topics. The website was placed online in 2005 and is likely the most popular discussion website in existence.