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Ethereum Has Gatekeepers (for Good Reason)

February 10, 2024
in Cryptocurrency
Reading Time: 1 min read
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Ethereum Has Gatekeepers (for Good Reason)

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Certainly, the core concept behind ERC-404s is to make it simpler to fractionalize, break up possession and enhance liquidity when buying and selling non-fungible tokens (NFTs). There may genuinely be one thing to the thought. ERC-404 combines two present token requirements, ERC-20 and ERC-721, used for minting common Ethereum-based tokens and NFTs, respectively, in a bid to create “semi-fungible” tokens.

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