Odaily Planet Daily News Reddit Collectible Avatars (RCA) NFT holders expressed concerns about the future prospects of the product after learning that the project leader had confirmed leaving the social media company. Bianca Wyler, the head of the Reddit Collectible Avatars project, stated on LinkedIn: 'My journey at Reddit has come to an end. Although I feel sad about this transition, I am incredibly proud of what I achieved during that time.' Some Reddit users noticed that Wyler's recent comments on her Reddit account had been deleted, raising further concerns that her seemingly sudden departure might be a sign of upcoming adjustments to the avatar project by the social platform. In an interview, Wyler revealed that her departure reflects the natural transition of the social media company as it explores new technologies and adjusts priorities. While uncertain about the direction of the RCA project, she believes Reddit will continue to work for the benefit of the community. RCA was launched in July 2022 and was promoted as a limited edition artwork created in collaboration with independent creators. According to Dune Analytics, the total number of holders of these NFTs has exceeded 33.5 million. Since peaking at the end of 2022, the sales volume of these NFTs has consistently failed to keep pace, with monthly secondary market trading volume hovering around $100,000 in the last three months of 2024, and trading volume has also declined since reaching its peak in 2022. (Cointelegraph)

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