DN404, a new NFT standard, challenges ERC-404 with its innovative approach, offering fractional ownership and potential market liquidity improvements. Amidst Ethereum gas fee surges and the rise of ERC-404 exemplified by Pandora's exponential growth, stakeholders must carefully assess the evolving landscape of NFT standards.
MiyukiRecommended reading this week: 1. Detailed explanation of Ethereum Dencun upgrade details; 2. What is ERC-404? Why is it important? ; 3. Bull or bear? Analysis of Jupiter's future prospects; 4. The founding team takes you to have an in-depth understanding of the Meson network; 5. Bitcoin is replacing gold;
JinseFinanceThe craze for ERC404 has raised concerns about “rug pulls” and high gas fees.
JinseFinanceERC-404 allows multiple wallets to directly own the same NFT, and in the future, it could support the tokenization of this specific exposure for loans or collateral interests.
JinseFinanceIt is rare for everyone to realize how "subversive" and "dreamlike" a truly disruptive protocol is when it comes out.
JinseFinanceAt present, in addition to Pandora itself, there are many token projects minted according to the ERC-404 standard, and OKX Web3 Wallet has a separate column for them.
JinseFinanceIn the past two days, a niche project has made OG players "climax", especially NFT players, who feel that it is likely to save the mired NFT track.
JinseFinanceERC404 merges NFT uniqueness with cryptocurrency liquidity, introducing Replicants to revolutionize trading and ownership on the Ethereum blockchain, marking a pivotal evolution in digital assets.
WeiliangPandora, ERC404, Bankless: ERC-404 and its importance Golden Finance, unveils the new experimental token standard.
JinseFinanceERC404 tokens also provide better liquidity for NFTs. Users can sell ERC404 tokens directly on DEX instead of waiting for buyers in the NFT trading market.
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