Uniswap Plans to launch own NFT Marketplace

According to a new post on November 30, decentralized exchange (DEX) Uniswap announced that users can now trade nonfungible tokens, or NFTs, on its native protocol. As told by Uniswap, the function will initially feature NFT collections for sale on platforms including OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT20 and NFTX

Uniswap developers claim that users can save up to 15% on gas costs compared to other NFT aggregators when using Uniswap NFT, which unifies ERC-20 and NFT swapping into a single swap router. Integrated with Permit2, users can swap multiple tokens and NFTs in one swap while saving on gas fees.

The NFT aggregator is powered by the Universal Router smart contract and optimized by UX smart contract Permit2, both Uniswap inventions. According to the DEX, it “unifies ERC-20 and NFT swapping into a single swap router. Integrated with Permit2, users can swap multiple tokens and NFTs in one swap while saving on gas fees:”

NFTs being the future of crypto industry, has adopted by many industry. If you want to launch your own NFT or NFT Marketplace , contact any best NFT Marketplace Development Company

Source : Cointelegraph


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