According to BlockBeats, on June 22, the Meme launchpad platform Color announced the launch of the BC-404 hybrid contract standard for graphs and coins. BC-404 combines ERC-404 with Bonding Curve. The number of tokens required to convert NFTs will increase with the overall conversion process, aiming to incentivize early participants and long-term holders.
According to the official announcement of Color, the first BC-404 Meme asset on its platform will be launched on Base, allowing users to use PEPE tokens to convert to ColorPEPE across chains with one click, and can convert back at any time with principal guaranteed.
According to reports, Color is the first 404meme issuance platform, allowing users to convert native Meme coins into BC-404 standard hybrid tokens, so that they have both token attributes and NFT gameplay.