ERC-404 hybrid NFT tokens in ‘good spot’ for EIP push, says de | NFTs & DeFi 🗓
ERC-404 hybrid NFT tokens in ‘good spot’ for EIP push, says dev
An unofficial and experimental Ethereum standard dubbed “ERC-404” — proposed to become a hybrid of fungible and nonfungible tokens (NFTs) — is “working around the clock” to submit an Ethereum Improvement Proposal (EIP), according to one of its inventors. Created by pseudonymous developers known as “ctrl” and “Acme” under a project called Pandora, the standard mixes the tech behind ERC-20 fungible tokens with ERC-721, which is used for one-of-one tokens — such as the NFTs in the Bored Ape Yacht Club (BAYC) collection.
