Trending ERC404 Tokens To Watch in 2024: DeFrogs, Pandora and Bake
DeFrogs (DEFROGS)
The very first PFP NFT project based on the ERC404 standard, and the very first fork thereof.
Pandora (PANDORA)
The first ERC404 token, the standard developed by 0xacme.
404 Bakery (BAKE)
The first project that allows you to deploy ERC-404 tokens in minutes.
Here's a brief overview of the current token standards:
ERC20: These tokens are fungible, typically have a high supply, and no token is unique.ERC721: Known as non-fungible tokens (NFTs), they usually have a low supply, with each token possessing a unique identifier.ERC1155: These tokens are semi-fungible, allowing for multiple tokens to share the same token ID.
What makes ERC404 different from these other token standards?
ERC404 is a token standard that closely resembles an ERC721 token with built-in ERC20 fractions. This allows for fungible trading on DEXes while still being supported on NFT applications. This is very bullish for the NFT-scene and it’s applications
Hybrid Fungible/non-fungible assets that pre-date ERC404:
- Ethereans - one of the first movers
- Non-Playable Coin - first NFT hybrid ERC1155
- BOZO - NPC fork on Solana
- Emerald (exploited, then ERC404 came right after)
PS. Don’t forget that the Binance Web3 Wallet now supports ERC404 tokens!
Tap to try 👉binance.com/web3wallet
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