Years ago, ERC404 attracted a lot of attention, which once caused Ethereum gas to surge. Currently, $PANDORA has retreated to more than 10,000. Just when the initial popularity has subsided, let’s have a rational chat.
JinseFinanceDuring this Spring Festival, people in almost all industries are anxious, and only people in the encryption circle are excited.
JinseFinanceDN404, 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;
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.
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.
JinseFinancePandora, ERC404, Bankless: ERC-404 and its importance Golden Finance, unveils the new experimental token standard.
JinseFinanceJinseFinanceJinseFinanceThe immutability of blockchain transactions is both a blessing and a curse.
Cointelegraph