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jacopo
@jacopo
ok I’ll bite, what is erc-404
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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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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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greyseymour.eth
@greyseymour
u burst into flames :( hope u didn’t try it RIP no um - I believe you’re correct re burned and reminted but I’m not totally certain to be completely honest
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