Sun. May 19th, 2024

Reddit Set Eyes On NFT Platform.

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Social network Reddit has concluded plans to build its own NFT platform, according to a new job posting.

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Reddit is hiring engineers to “design, build and ship backend services for millions of users to create, buy, sell and use NFT-backed digital goods.”

The job description highlights the importance of NFTs, predicting that they are going to “rewrite” the way we think about goods. It highlights a slew of use cases that are linked to the new technology:

Beyond visual art, there are already NFTs for music, videos, articles, and even memes. Many believe that NFTs will become the standard for items in online games, as well as items in the eventual metaverse.

Five years of experience in backend development and the ability to design complex distributed systems are the key qualifications required for the position.

Reddit co-founder Alexis Ohanian is a big fan of Ethereum and NFTs. At the MET Fashion Gala, he even wore a CryptoPunk NFT that he purchased for his wife, Serena Williams.

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