Introduction

A new era for Non-Fungible Token has begun. Native liquidity and fractionalization are now possible with the new token standard ERC404. Mixing the functionalities of an ERC20 token with the functionalities of an ERC721 token creates a hybrid token standard that changes the course of NFTs.

This new standard opens up opportunities for more efficient and flexible use of NFTs in various industries, paving the way for further innovation and adoption. As more projects begin to explore the possibilities offered by ERC404, we can expect to see a significant impact on the NFT market and ecosystem.

Although the token standard is still experimental and has not yet been recognized by the Ethereum foundation as an official Ethereum standard token, the creators of the said token standard have already taken necessary action to make ERC404 an official Ethereum token standard.