What is ERC-404?

#ERC404 is a new #Ethereum token standard aimed at merging the features of ERC-20 (fungible tokens) and ERC-721 (non-fungible tokens) to allow linking an #NFT to each minted fungible token.

This innovation addresses current NFT limitations, enabling fractionalized assets and enhancing token utility.

Despite its potential, ERC-404 faces challenges like high gas fees and security concerns, leading to the development of DN-404, a more efficient alternative.

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