Uniswap has acquired Genie, an Ethereum NFT aggregator

6/22/2022, 01:05 PM
Uniswap has acquired Genie, an Ethereum NFT aggregator
The decentralized exchange uniswap is ready to integrate irreplaceable tokens (NFTs) in the acquisition of Genie. The extent of the contract has not yet been announced.
It is planned to add ERC-20 and NFT to Uniswap products. The acquisition of NFT Marketplace Aggregator is part of a broader plan to unlock the "universal ownership and sharing" platform. According to an official blog post, Uniswap will initially integrate NFT into its web application, allowing users to buy and sell these assets in all major markets, as well as API and developer controls. For the uninitiated, Genie not only allows you to buy and sell in all markets in one transaction, it also displays offers from all major competing markets. The latest acquisition came less than two months after NFT giant OpenSea bought its resourceful rival Gem.
Uniswap also plans to send the USDC to early Genie users in August. Basically any user who has used the platform at least once or before April 15th. had Genie Genesis NFT, will receive one eligible coin for up to 12 months. The statement also states that Genie users can continue to use the site until a new Uniswap NFT experience is available.
In a recent note, the team wrote that NFT is "an important gateway to the Web3," adding: "As the world's largest decentralized exchange protocol, Uniswap is an easy and secure place to deliver what we create and DeFi products have learned to use digital assets. and the value of '. The acquisition is not Uni's first entry into the industry, in fact, Uniso Physical Socks was introduced in the spring of 2019. Currently, while OpenSe continues on other platforms, like LooksRar Magic Eden, Coinbas also introduced NF this year.