X @Ignas | DeFi

NFT Market & Consumer Adoption - The most successful NFT experiment is shutting down, indicating a setback for crypto consumer adoption [1][2] - Reddit Avatars onboarded millions to NFTs, introducing a large user base to the technology [1] - Reddit's decision to shut down the crypto wallet is a negative development [1] Reddit's Strategy & Community Engagement - Reddit's failure to listen to the community contributed to the experiment's decline [1] - Reddit became greedy and flooded the market with new NFT drops as demand was fading, negatively impacting the market [1]