Uniswap Labs debuts NFT marketplace aggregator with $5 million USDC airdrop. Summary:.
02 Dec 2022, 08:00
Uniswap Labs debuts NFT marketplace aggregator with $5 million USDC airdrop
Summary:
The decentralized exchange announced non fungible token trading on Wednesday months after buying Genie, a major NFT aggregator.Wednesday’s update features a $5 million airdrop in Circle’s USD Coin (USDC) for Genie users.The popular DEX hopes to bridge the gap between crypto exchanges and digital collectible marketplaces.Uniswap Labs, the startup behind DeFi’s biggest crypto exchange, added support for non fungible token trading as announced on Wednesday. The news comes months after Uniswap bought NFT aggregator platform Genie for an undisclosed sum.
Crypto exchanges and NFT marketplaces usually operate on separate platforms, with the exception of centralized platforms like Coinbase that have launched NFT marketplaces. Indeed, Uniswap plans to bridge this gap by housing both digital economies on a DEX.