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Reflecting on the past six months, ERC-404 has been one of the most exciting innovations in the Ethereum ecosystem's assset issuance field. If you're not yet familiar with ERC-404, in short: ERC-404 combines the fungible token standard ERC-20 and the non-fungible token standard ERC-721, creating a semi-fungible token standard that incorporates features of both. This is achieved through the quantity correspondence logic between FT and NFT, realized via the NFT "mint and burn" mechanism.
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