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Ethereum experiment ERC404 is an NFT-cryptocurrency hybrid To | Metaverse | Nfts | News

Ethereum experiment ERC404 is an NFT-cryptocurrency hybrid

Tokens on Ethereum fall under two broad technical categories standards: non-fungible ERC721 and fungible ERC20. NFTs, or non-fungible tokens, are designed to be proof of ownership on the blockchain and each token of this type is unique. Fungible tokens, or simply known as cryptocurrencies, are not unique: one Shiba Inu token is the same as the other Shiba Inu token.

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