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Many people confuse ERC-404 with Uniswap v4 hooks,
but in fact, they are two completely different issues.
ERC-404 is about asset design,
simply wrapping NFTs into tokens.
Holding the token = owning the corresponding NFT,
buying the token → NFT appears,
selling the token → NFT disappears.
Essentially: transforming into divisible assets.
Uniswap v4 hooks are about behavior design,
they are logic layers inserted into transactions.
What you do affects how the system responds.
If hooks + uPeg models evolve, theoretically in the future, it could achieve:
MC reaching targets → all NFTs evolve,
Diamond hands → your NFTs upgrade,
Large investors entering → trigger rare images (Whale Signal).
Recently, on the mainnet, NFTs show some signs of revival,
plus, the industry has long lacked new innovations,
so buying some uPEG encourages innovation.