UniSwap Enters NFT Game Through Acquiring Genie

UniSwap is a game exchange platform that focuses on the trading of non-fungible tokens, or “NFTs”. The company recently acquired Genie to add NFT capability and search functionality. This acquisition will enable users to find games they want without any hassle at all.

The “uniswap nft” is a crypto-token that’s designed to be used as an entry point for people who want to trade in NFTs. It was created by the company UniSwap, which has recently acquired Genie.

In an interesting turn of events, NFT aggregation platform Genie was purchased by UniSwap Labs, the company that founded Ethereum-based cryptocurrency exchange UniSwap. Users may find and exchange NFTs on practically any marketplace thanks to Genie, the first NFT marketplace aggregation platform.

Through the purchase, UniSwap will broaden its product offerings to include both ERC-20 tokens and NFTs. As a result, beginning later this Autumn, platform users will be able to buy and sell NFTs on all major markets through the platform’s web app. To provide a cutting-edge trading experience on UniSwap NFT, other features including developer APIs and widgets will also be included into the platform. 

Later this summer, the business will airdrop USDC tokens to the current Genie community to welcome them to the Uniswap metaverse. Users must possess a GENIE:GEM NFT or have used Genie more than once before April 15 in order to be eligible to get this reward. 

Yesterday, the business announced the significant purchase, and their general remarks on the project were as follows:

“Uniswap, the biggest decentralized exchange protocol in the world, has deeper liquidity than the top centralized exchanges, making it an easy and secure way to access the advantages of digital ownership. We’re eager to apply the lessons we’ve learned from developing DeFi devices to NFTs, expanding access to digital ownership and value. 

 

The “UniSwap Enters NFT Game Through Acquiring Genie” is a company that has recently acquired Genie. The acquisition of the company will allow UniSwap to enter the world of NFTs, or Non-Fungible Tokens. Reference: what is nft art.

Related Tags

  • how to buy nft on uniswap
  • uniswap nft marketplace
  • nft trading platform

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