Cryptoknowmics
2022-06-22 07:10:30

Uniswap Labs Acquires NFT Marketplace Aggregator Genie

Uniswap Labs, the main developer behind the leading decentralized protocol has acquired NFT marketplace aggregator Genie to further incorporate NFT functionality into its product range. Trading NFTs Directly From Uniswap According to an official announcement from Tuesday, Uniswap Labs has acquired NFT marketplace aggregator Genie for an undisclosed sum. “In pursuit of our mission to unlock universal ownership and exchange, today we’re expanding our products to include both ERC-20s and NFTs. We’re excited to announce that we’ve acquired Genie, the first NFT marketplace aggregator, which lets anyone discover and trade NFTs across most platforms,” the company wrote in its blog post. The acquisition will enable the firm to incorporate NFT marketplaces into Uniswap’s web app and to integrate NFTs into its developer APIs and widgets, making the platform a ‘comprehensive platform for users and builders in Web3’. 2/ Starting this fall, you’ll be able to buy and sell NFTs directly on the Uniswap web app. And we’ll integrate NFTs into our developer APIs and widgets, making Uniswap a comprehensive platform for users and builders in web3. Read the full details 👇https://t.co/ovU8zJfGdd — Uniswap Labs 🦄 (@Uniswap) June 21, 2022 Plans For USDC Airdrop This isn’t the first time Uniswap has dabbled into the world of NFTs. Back in 2019, the firm launched Unisocks which offered NFT liquidity pools backed by real-world assets. They also view NF...

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