ERC-404: A New Trend in the NFT Space
What is ERC-404?
ERC-404 is a new type of token that combines the features of ERC-20 and ERC-721 tokens. This means that ERC-404 tokens can be both fungible and non-fungible.
Why is ERC-404 important?
ERC-404 has the potential to revolutionize the NFT space by making NFTs more liquid and accessible to a wider range of investors.
What are some of the benefits of ERC-404?
- Increased liquidity for NFTs
- Fractional ownership of NFTs
- New possibilities for NFT lending and derivatives
- Increased adoption of NFTs by retail investors
What are some of the risks of ERC-404?
- The technology is new and unproven
- There is a risk of scams and rug pulls
- The regulatory landscape for ERC-404 is still unclear
What are some of the top ERC-404 projects?
- PANDORA
- DEFROG
- RUG
Where can I learn more about ERC-404?
- https://www.coingecko.com/vi/categories/erc-404
- https://dexscreener.com/ethereum
