Uniswap and BNB Chain Push NFT Adoption With Marketplace Upgrades

Users can now buy NFTs on OpenSea through the BNB Chain, while Uniswap brings in NFT with a 5 million USDC airdrop.

There are two exciting announcements in the last 24 hours for all the Non-Fungible tokens (NFT) collectors out there. OpenSea, one of the largest NFT marketplaces, brings in the Binance (BNB) Chain, and Uniswap introduces NFT Trading with a 5 million USDC airdrop.

NFT Trading on Uniswap

Uniswap announced that its users can now trade NFTs on the platform to find better prices. It will also offer gas rebates to the first 22,000 users. Uniswap users can get the best price of NFTs listed on OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT20, and NFTX. Users can save up to 15% in gas fees due to the Universal Router Contract.

“To bring users the first-rate experience they’ve come to expect with Uniswap, we built the aggregator to deliver better prices, faster indexing, safer smart contracts, and efficient execution,” reads the announcement.

To make NFT trading on Uniswap possible, it acquired the NFT aggregator platform Genie on June 2022. Uniswap will airdrop a total amount of 5 million USDC to the historical users of Genie based on the snapshot taken Apr 15, 2022. 

However, many Genie users have claimed that they have not received the airdrop despite being a historical users.

Binance Chain is Live on OpenSea

OpenSea announced on Nov. 29 that it would support the NFTs on BNB Chain. According to Nansen, the BNB Chain (earlier called Binance Smart Chain) has over 1 million daily active users.

OpenSea is already compatible with Ethereum, Polygon, Klaytn, Solana, Arbitrum, Avalanche, and Optimism. The BNB chain is the latest addition to the roster.

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