Unlike an individual NFT marketplace, the Uniswap aggregator allows users to view listings from OpenSea, LooksRare, NFTX, and others all at once. Users can then assess prices across the board and determine whether they want to buy or sell their own NFTs, either individually or in batches.
“It’s not competing with OpenSea. It’s not telling you to list your NFTs on Uniswap. It’s just giving you access to OpenSea and the other marketplaces,” Lader says. “The marketplaces have many other important functions. They have a lot of creator tools that help creators mint NFTs, and we’re not competing with that.”