Reddit discontinues new submissions for its Collectible Avatar Creator Program and outlines changes to NFT features, including secondary sale royalties for creators and the removal of the Vault feature.
Reddit is sunsetting its Collectible Avatar Creator Program, ceasing new submissions and closing the Avatar Shop on November 11. The platform will no longer support NFT transfers or the Vault feature, but users can continue to use existing avatars. Secondary sale royalties will be directed to creators, and contracts will be updated accordingly.