Reddit partners with Ubisoft to release NFT avatars for ‘Rabbit’s Party’

Introducing Rabbids Party NFT

Reddit, a major bulletin board company, announced on the 26th that it has released an NFT (non-fungible token) avatar depicting the main character of the popular game “Rabbit’s Party” by Ubisoft, a major French game company. Users can get it for free.

Who knew a plunger was just what your Avatar needed? In partnership with Ubisoft, we’re bringing @RabbidsOfficial to Reddit! #RedditCollectibles now.https://t.co/e81Zn0Yr6S pic.twitter.com/1lKFUU0rrJ

— Reddit (@Reddit) May 25, 2023

Rabbids are aliens that look like white rabbits and are characterized by their humorous movements and mischievous personalities. Since 2006, this Rabbids Party series has been sold on Nintendo Wii and other platforms.

Meanwhile, Reddit launched a series of NFTs on the Polygon (MATIC) blockchain in July 2022 and has called these “collectible avatars.” Reddit collectible avatars allow their owners to license their art to use on and off Reddit, while combining avatar parts to create unique customizations.

A partnership with Ubisoft will bring a series of Rabbids NFT avatars to Reddit users. These avatars are free for users to personalize their profiles.

Rabbids NFT is a digital collectible drawn in various outfits and poses, from a disgruntled knight wielding a plunger (so-called “suppon” for toilets) to a unicorn rabbit cheerfully wielding a gold plunger. there is

Source: Reddit

connection:Reddit implements contract for NFT avatar 3rd generation with polygons

Reddit and Ubisoft efforts

Ubisoft has been exploring ways to incorporate NFTs into games for some time. At the end of 2021, the NFT platform “Ubisoft Quartz” will be launched. When “Digit” was introduced as an NFT compatible with this platform, it was adopted in an action game called “Ghost Recon Breakpoint”.

Ubisoft’s NFT trials are still ongoing, and in February 2011, in cooperation with the blockchain game “The Sandbox”, Rabbits became playable in the metaverse (virtual space) as voxel art avatars. Launched Assassin’s Creed Smart Collectibles on Polygon in March. This collection consists of various Assassin’s Creed heroes, with rarity settings for parts, poses, and more.

Online message board giant Reddit has had great success with its mascot-focused “Snoo” collectible avatar. So far, new collections have been released for events such as Halloween and the Super Bowl, expanding the series.

According to data analytics platform Dune, more than 9.7 million unique wallets currently hold more than 13.5 million collectible avatars. Most of these NFTs were initially offered free to Reddit users, but the scale of transactions has grown, especially in secondary markets. So far, the total trading volume of the secondary market has reached over 4.6 billion yen ($32.6 million), and the market capitalization of Reddit NFT has expanded to over 46.4 billion yen ($330 million). .

connection:Ubisoft launches NFT avatars of ‘Rabbids’ in sandbox

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