Thursday, September 28, 2023
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UniSwap Enters NFT Game Through Acquiring Genie

In an thrilling flip of occasions, UniSwap Labs, founders of Ethereum-based crypto alternate UniSwap, has acquired NFT aggregation platform Genie. Genie is the primary NFT market aggregation platform to permit customers to find and commerce NFTs throughout virtually any market.

By its acquisition, UniSwap will broaden its merchandise into ERC-20 tokens, in addition to NFTs, that means beginning later this Autumn, customers of the platform will be capable to purchase and promote NFTs on all main marketplaces by way of its net app. As well as, options corresponding to developer APIs and widgets may even be embedded into the platform, to make sure a cutting-edge buying and selling expertise on UniSwap NFT. 

To welcome the present Genie neighborhood to the Uniswap metaverse, the corporate might be distributing USDC tokens to them by way of airdrops later this summer season. To be eligible to obtain this reward, customers will both have needed to have used Genie greater than as soon as earlier than April fifteenth, or alternatively, maintain a GENIE:GEM NFT. 

The corporate introduced the landmark acquisition yesterday, whereby their total feedback on the enterprise learn:

“Because the world’s largest decentralized alternate protocol, Uniswap is an easy and protected place to entry the advantages of digital possession, providing deeper liquidity than main centralized exchanges. We’re excited to carry what we’ve discovered constructing DeFi merchandise to NFTs, giving much more individuals entry to digital possession and worth”. 

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