anyone with a primer on erc404 tokens? lots of chatter around it

New token standard stuff hitting ETH as well. 
 
$PANDORA, new ERC-404, "an experimental, mixed ERC20 / ERC721 implementation with native liquidity and fractionalization" is up to a $14M mc in just a few days of trading. 

I now must dig into the obvious ERC-404 trenches. 

wrote a little primer on it a few days ago.

you can't take the sky from me 🛸 👾 
https://fereai.xyz/

NFT and web3 news at /luckytrader

Was once No. 8 on /replyguys Top Casters Leaderboard. 

wrote a little primer on it a few days ago. 
https://warpcast.com/logie/0xd52b2686

Tech is great, seems like it will oush its way in the same way brc-20 did 

Ive just bought a few DEFROGS , the second collection to launch from 404 

Seems very promising 
should check it out

It’s fun and experimental but it’s working out quite well for the people who understand how to execute it properly. It’s also very exciting the way liquidity and trait hunting / rerolling is utilized.

Combines erc20/721 standards. Relies on token mints and burns for fractional transfers.

“This aspect of the concept's design is deliberate, with the goal of creating an NFT that has native fractionalization, liquidity, and encourages some aspects of trading/engagement to farm unique trait sets.”

New token standard can instantly trade nft's as tokens on uni/dex's.