It looks like Reddit is hiring engineers for a blockchain project and that could suggest a new feature the platform is developing. Non-fungible tokens (NFTs) are all the rage now, and social media giants are fueling the frenzy by launching their own platforms – Reddit potentially being the newest of the bunch. So far we’ve seen Facebook and Twitter roll out support for NFT on their respective platforms, so it’s no surprise that Reddit is looking to fill a new role of backend engineer to lead the creative, adoption, and trading of tokenized assets.
According to a report from Cointelegraph, a handful of people spotted a job posting on the Greenhouse recruiting platform, where Reddit posted a request for a senior backend engineer for the NFT platform. the company is apparently recruiting people to join a team that will work on a “blockchain-based project”.
To be more specific, it was stated in the job posting that Reddit wants to hire new employees who will help “design, build, and deliver backend services to millions of users to create, buy, sell, and use. digital assets supported by NFT.
With this, many are confident that the company is working on its NFT space to buy and sell non-fungible tokens and other cryptocurrencies. Other prerequisites for the position the company seeks to fill include at least five years of work experience in backend development and the ability to design and run complex distributed systems running under high load. ”If there’s one thing we’ve noticed with NFTs, they also have incredible power to create a feeling of participation and belonging, “Reddit wrote on the desktop. With each new NFT project, a vibrant community of owners opens up.
Over time, we believe this will increase and NFTs will play a central role in how fans support their favorite creators and communities. If Reddit continues to launch an NFT platform, it would become a competitor in the OpenSea NFT marketplace – currently among the largest NFT markets today.
As more social media companies enter the industry, OpenSea’s dominance is expected to wane. These may be the first days for a serious competitor to emerge, but based on the job posting, it looks like Reddit, for example, is definitely determined to get on the NFT hype train soon.