Rainbow

󠀠Creature World

“I am a big fan of the DN 404 token standard as well. It's actually just ERC-404, but there's a more specific spec called DN-404. These are basically hybrid tokens that are both NFTs and ERC-20s at the same time.

And the NFT you get is random out of the one 100 items. And if you have one unit, right? If you sell 0.1 of your unit,  your NFT goes away. So basically the NFTs exist in your wallet when you own more than one whole unit of the token.

The benefit of it is that these tokens could be liquid and tradable on decentralized exchanges” @mikedemarais.eth 

https://www.youtube.com/watch?v=-OzLZPUh64Y

i explain wtf erc404 tokens in this interview just in time for the new /creatureworld erc404 mint on thursday!

We have these charts to help explain DN-404 for people that are visual learners. and talk more about it on the "dual-tokens" section of our site.
https://www.setter.co/dual-tokens

Setter

Official Setter account, /setter channel — backed by @a16z @a16zcrypto

I like my /setter Pass it can do all sorts of stuff, DN-404s are fun--I like that these passes have also implemented ERC-6551 (TBA standard) so they can double as wallets/backpacks for your NFT and login into sites as the NFT--I could see them being used as RPG characters in the future.