Uniswap moves into NFTs while OpenSea moves into DeFi. What will the overall impact be on NFTs’ utility?
Uniswap´s recent move into NFT is game-changing for the industry and can bring financial utility to these unique tokens.
Last year we saw over $23 billion in trades in NFT trading, adding to a burgeoning industry with constant growth despite the odds of a crypto bear market. Thousands of NFT sales happen per week and they are now synonymous with celebrities, big brands and popular trends which helps spread mass adoption.
Discover newly launched and upcoming NFT collections, and get estimated NFT values based on machine learning algorithms, historical sales and meta data with the super-advanced NFT Explorer!
DeFi, on the other hand, is the ugly cousin of crypto and has not captured mainstream attention in the same way. Technical barriers, complex dynamics and poor user experience are likely to blame, but Uniswap might change all that.
