Uniswap Labs has acquired NFT marketplace Genie and made the announcement of the airdrop
Uniswap Labs, responsible for creating the popular DEX Uniswap, acquired the Genie marketplace. Airdrop was also announced in connection with the purchase.
1/ The Uniswap Universe is expanding— Uniswap Labs (@Uniswap) June 21, 2022
In pursuit of our mission to unlock universal ownership and exchange, we’re excited to share that we’ve acquired @geniexyz — the first NFT marketplace aggregator — expanding our products to include both ERC-20s and NFTs pic.twitter.com/vESlbE3kvy
Uniswap plans to merge with the marketplace. This will allow users to buy and sell NFTs within the marketplace, as well as put non-fungible tokens up for sale in other marketplaces. Developers of other DeFi-applications will be able to integrate with the marketplace via APIs or widgets.
Genie users can use the marketplace until they are fully integrated with Uniswap. This information is from project CryptoDeFix. As part of the purchase, developers announced an airdrop among users who have used Genie at least once before April 15. They will be given USDC tokens.