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In this article, we will take you through the ERC404 protocol, Pandora and the value of its tokens, what exactly is the mechanism of the ERC404 protocol "Token-NFT", and what caused the FOMO sentiment in the market.

Pandora is merely the debut project of ERC404 and cannot capture actual value from ERC404's potential future developments and widespread applications, with its future development depending more on the continuous operation of subsequent project parties.

ERC-404 is an experimental token standard that has not been formally reviewed. Based on this standard, Pandora token innovatively combines ERC-20 tokens and NFT, aiming to explore new ways of asset trading. Although there is a certain degree of innovation, However, it does not solve the liquidity problem of the NFT market, and its security and long-term impact remain to be seen.

During the Spring Festival of 2024, an experimental protocol called ERC404 and its first project, Pandora, quickly became a sensation.

The article discusses the interactive and developmental potential of the 404 Token in the NFT market.

This article compiles and summarizes information about ERC404 to provide readers with a preliminary overview of this new asset issuance protocol.

This articleTo understand the inscription from the perspective of NFT compared to ETH,combined with current eventsExploring the centralization problem of BRC-20.

EigenLayer and the concept of restaking have opened the Pandora’s Box.Conceptually, extending the economic security of a highly liquid and globally accessible asset is great. It allows developers to build onchain applications without having to bootstrap an entirely new ecosystem for its project-specific tokens.

Between ERC-20 and ERC-721, can ERC404 redefine NFT? What other opportunities are there?

DN404 is another cryptocurrency mixing protocol on Ethereum. It prioritizes improving the liquidity and accessibility of NFTs, providing a more adaptable and efficient structure for the tokenization of assets, and will have good application prospects in multiple fields.

After the release of the ERC-404 standard, a new standard called BC-404 has emerged, bringing new possibilities to the NFT market. BC-404 builds upon ERC-404 with improvements, making it the first deflationary NFT contract in cryptocurrency. Its introduction signifies that NFTs are evolving in more complex and diverse directions, integrating token economics, deflationary mechanisms, and dynamic pricing models.

This article explores the breakthrough of NFT - bringing fungible tokens and NFTs together.

This article delves into the Bitcoin-derived RGB Protocol, covering its principles, advantages, and ecosystem.

What are ERC404, DN404, ERC404m, ERC-X, NAP?This article will introduce each of these protocols.

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