NFTs

Reddit Sunsets Collectible Avatar Creator Program and Shifts Royalties to Artists

Reddit is sunsetting its Collectible Avatar Creator Program, a platform that lets independent artists design and sell limited-edition avatars based on Reddit’s mascot, Snoo, according to an announcement on r/CollectibleAvatars. The team has stopped onboarding new creators and plans to close the Avatar Shop on November 11. Remaining creator submissions will be processed until the end of September.

Built on the Polygon blockchain, Reddit’s “digital collectibles” function as NFTs, giving owners proof of ownership, customization options, and resale rights. Collectible avatars could be used as Reddit profile pictures with a signature blue hex ring, customized with accessories, and traded on marketplaces like OpenSea via Reddit’s Vault wallet.

The social media platform will continue to support the existing Collectible Avatars for user self-expression, but plans to remove the Collection Display on profiles and on-platform NFT transfers. Reddit is also retiring its in-app Vault feature. Users will have until January 1, 2026, to export their blockchain wallets by copying their 12-word recovery phrase from the Vault settings.

On the revenue model, Reddit will update contracts within three weeks to direct all secondary sale fees to creators, eliminating the platform’s share of royalties. Currently, artists earn 80% of primary sales and 50% of resale royalties, while Reddit has rights to the Snoo template.  “The Creator Program wasn’t just a feature, it was a full-blown movement that rocked Reddit, on the blockchain no less. You all built communities. You created art. Your art became memes,” Reddit stated.

The platform will maintain off-platform transfers and sales through a simplified import process, allowing users to claim avatars on Reddit by using the “visit Reddit to make it your avatar” link on product pages. The r/CollectibleAvatars subreddit will remain accessible as an archive, though Reddit administrators will no longer post new content.

Reddit is one of the biggest mainstream platforms to integrate NFTs in a user-friendly way, onboarding millions of people who have never touched blockchain before. The closure announcement came after Bianca Wyler, former Head of Reddit Collectible Avatars, resigned from her role earlier this year amid falling sales volumes.

Terron Gold

Recent Posts

Tether Blacklists 370 Wallets and Freezes Over $514 Million in USDT in Just 30 Days

Stablecoin giant Tether has dramatically escalated its enforcement activity after blacklisting 370 blockchain addresses and freezing approximately $514.64 million worth…

4 days ago

Coinbase Suffers Major Trading Outage After AWS Infrastructure Failure

Crypto exchange giant Coinbase experienced a major service outage that disrupted trading, transfers, and exchange operations after…

4 days ago

LayerZero Issues Public Apology After $292 Million Kelp DAO Exploit

Cross-chain messaging protocol LayerZero has publicly apologized for its handling of the massive Kelp DAO exploitthat drained approximately $292…

4 days ago

PayPal and Google Say AI-Driven Commerce Will Run on Crypto Rails

Executives from PayPal and Google Cloud said the future of “agentic commerce” — where AI agents autonomously buy goods,…

4 days ago

Kraken Parent Company Applies for Federal OCC Banking Charter

Crypto exchange giant Kraken is making a major move deeper into the U.S. financial system after its…

4 days ago

Taiwan News Anchor Indicted in Crypto-Funded Chinese Propaganda and Military Bribery Scandal

A major national security scandal has erupted in Taiwan after prosecutors indicted a Taiwanese news…

5 days ago