NFT

Uniswap Acquires Genie.xyz, the First NFT Marketplace Aggregator

Allowing users to buy, sell, and trade NFTs directly on the Uniswap app.

NFT

Uniswap Acquires Genie.xyz, the First NFT Marketplace Aggregator

Allowing users to buy, sell, and trade NFTs directly on the Uniswap app.

Leading Ethereum-based decentralized exchange Uniswap announced the acquisition of Genie.xyz, the first NFT marketplace aggregator. The move will allow users to discover, buy, sell and trade NFTs across most platforms directly on the Uniswap app.

Uniswap plans to integrate NFTs into its products, starting with its web application, where it says users will soon be able to buy and sell NFTs across all major marketplaces like OpenSea, LooksRare, and more. The platform also plans to integrate NFTs into its developer APIs and widgets, meaning Web3 builders will have more convenient tools available.

NFTs will be integrated into our products, starting with the Uniswap web app, where soon you’ll be able to buy and sell NFTs across all major marketplaces. We’ll also integrate NFTs into our developer APIs and widgets, making Uniswap a comprehensive platform for users and builders in Web3.

“We see NFTs as another format for value in the growing digital economy—not a separate ecosystem from ERC20s—and they’re already an important gateway to Web3,” shared the brand in a blog post.

To reward past users of Genie.xyz, Uniswap will be offering a USDC airdrop. The event will launch in August and be claimable for 12 months. Access is based on a snapshot that has already been taken, the platform said it would share more details soon.

With the acquisition it is reported that there will be no impact on the Uniswap Protocol, Uniswap Governance, or the UNI token and that Genie.xyz users will continue to have access to the website until the new Uniswap NFT experience is available.

Elsewhere in Web3, Bored Ape Yacht Club teams up with Rolling Stone to offer two one-of-one NFTs.

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