Understanding ERC-404: A New Experimental Token Standard

ERC-404 is an innovative token standard that blends the features of both ERC-20 and ERC-721, creating a token with characteristics of both fungible and nonfungible tokens. Introduced in February 2024 by pseudonymous developers "ctrl" and "Acme," ERC-404 enables the fractional ownership of NFTs through decentralized smart contracts, enhancing liquidity and eliminating the need for third-party intermediaries.

Read more on our blog: Just a moment...