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Reddit Vault Update and Some Speculation

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by COINS NEWS 155 Views

Anyone update their app today? The vault looks so much better.

In addition to viewing your RCPs and ETH, the collectible avatars also appear.

All these little updates are nice and the hype over a marketplace is intriguing.

Reddit would end up paying 30% to Apple for the in app transactions, unless Apple agreed not to charge 30% for the transactions between users, like they should.

Maybe Reddit would not even need Apple to agree to this?

After mint, these items exist and are sold on blockchain, not from the app. The app would just be capable of more transactions, and at that point, Reddit is not the seller in those transactions.

Anyways, I initially thought a marketplace would be financially impractical for Reddit, but there could be a path for it. Thoughts?

submitted by /u/Da_Notorious_HAM
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