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

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