ERC-404
Last updated
Last updated
The ERC-404 token standard was developed through the combination of the commonplace ERC-20 and the NFT-related ERC-721 standards that are found on the Ethereum network. The new standard is meant to give developers the freedom to launch and distribute fractionalized collections of NFTs for open trading and application in a number of innovative use cases.
Meaning instead of having to buy and sell an entire piece of NFT for stack of money, you can buy, sell, own a fractionalized digital piece of it. This would not only lower the entry threshold for retail investors, but would also ensure an influx of liquidity.
ERC-404 NFTs in Celestial Chaos
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