UniSwap integrates Sudoswap to enhance its NFT capabilities
In preparation for launching its own NFT platform, automated market maker UniSwap is integrating the capabilities of decentralized NFT marketplace Sudoswap. Break the news through a Tweet Created by Scott Gray, the company’s head of NFT products, who showed that the integration had already begun, attached an image showing ‘pool data already flowing’.
The integration will essentially allow users to Uniswap’s upcoming NFT market Integrated product to efficiently buy NFTs while accessing on-chain liquidity offered by sudoAMM, Sudoswap’s automated market maker.
sudoAMM was only released on July 8th by Sudoswap. As an automated market maker, it allows digital assets to be traded automatically using liquidity pools, unlike traditional marketplace methods that require buyers to match sellers. As it aggregates data from experimental NFT protocols (in addition to more traditional protocols), its onboarding indicates that Uniswap’s upcoming NFT market aggregation product will not be forced to solely source data from the likes of OpenSea or LooksRare.
of Uniswap NFT Market Aggregate Product It is expected to launch sometime in the fall of 2022. Instead of hosting NFTs on its own platform, the company plans for the platform to enable users to access NFTs from multiple marketplaces from one place.
In addition to the integration of Sudoswap, Uniswap also acquired NFT aggregator Genie last month in preparation for the launch of Uniswap’s NFT market aggregation product.
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