Zora launches onchain NFT secondary markets with Uniswap

Zora has introduced on-chain secondary NFT markets in collaboration with Uniswap, utilizing a new ERC-20 token standard. This extension of the ERC-1155 standard allows NFTs to be traded like ERC-20 tokens by wrapping and unwrapping them. The new standard addresses liquidity issues in NFT markets by funneling mint fees into Uniswap pools, enabling purchases post-mint. Additionally, it supports on-chain royalties, providing more benefits for collectors. The first NFT on this standard, "Limitless," saw significant traction with nearly half a million minutes.
 

Source >> https://blockworks.co/news/zora-uniswap-onchain-nft-secondary-market