Elacity Marketplace Adopts ERC-404 For Fractional NFT Trading
Elacity, the popular NFT marketplace for Layer-2 Elastos, has introduced support for the ERC-404 standard, allowing users to buy & sell fractional NFTs via its platform. An alternative to the popular ERC-20 and ERC-721 standards, ERC-404 permits easier creation of NFT liquidity pools, enabling users to own fractions of an NFT – creating a more accessible way to enjoy the benefits of owning a blue-chip NFT.
