ERC-404 is a protocol created by the Pandora team and combines the features of two different token standards.
The rain of innovations and inventions in cryptocurrency is endless, delivering efficient and effective services. In continuation, a new hybrid token standard with in-build capacity for fractional trading, ERC-404, is gaining pace in the crypto market.
Let’s explore the facts and features of the new hybrid token standard.
What is ERC-404?
Projected on February 5, 2024, as a Pandora, the ERC-404 appeared as an experimental token standard within the Ethereum ecosystem. The token standard is a mixture of one fungible token, ERC-20, and one non-fungible token, ERC-721.
The token standard was launched recently but still needs to be officially announced as the token has yet to undergo the formal Ethereum Improvement Proposal (EIP) process. Ethereum developers do not audit the token but are gaining popularity among crypto enthusiasts.
The token standard is
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