Content pfp
Content
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jacopo pfp
jacopo
@jacopo
ok I’ll bite, what is erc-404
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greyseymour.eth pfp
greyseymour.eth
@greyseymour
it’s a token model whereby you can buy and sell parts of onchain media. if you hit whole numbers, you get corresponding number of NFTs eg: 0.99 $MYST - no NFT 1 $MYST - 1 NFT 1.5 $MYST - 1 NFT 2 $MYST - 2 NFTs sell or transfer 1 $MYST - NFT transferred too HIGHLY experimental, didn’t go thru official ERC process
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greyseymour.eth pfp
greyseymour.eth
@greyseymour
some ethhead is inevitably gonna correct everything I just got wrong, & I’m here for it (fr)
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jacopo pfp
jacopo
@jacopo
why not just use erc1155, which is already a battle tested standard?
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Kuririn pfp
Kuririn
@kuririn
1. I buy 1 $MYST I get 1 NFT 2. I sell 0.99 $MYST ? what happens? I'm not sure, but it's probably burned and it's reminted for whomever get 1 >= next ?
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Rue🗽 pfp
Rue🗽
@rue1776
Ty for this I had no understanding of it until now lol
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Chaotic Monk  pfp
Chaotic Monk
@chaoticmonk
great example! 🫡 500 $degen
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