Friday, July 1, 2022
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HomeNFTsUniSwap Enters NFT Game Through Acquiring Genie

UniSwap Enters NFT Game Through Acquiring Genie


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

By way of its acquisition, UniSwap will increase its merchandise into ERC-20 tokens, in addition to NFTs, that means beginning later this Autumn, customers of the platform will be capable of purchase and promote NFTs on all main marketplaces by way of its net app. As well as, options comparable 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 prevailing Genie group 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 general feedback on the enterprise learn:

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

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