📊 PANDORA +426% 3 days! What is the new trend of ERC-404?
Recently, Twitter began actively promoting the new ERC-404 token format, which is a mixture of the popular ERC-20 (regular tokens) and ERC-721 (NFT) standards.
Now the pioneer PANDORA is breaking all records and is trading at $23.9k. What is this anyway?
How it works
When you buy 1 PANDORA token, you will receive 1 PANDORA NFT, which will be unique. When a token is sold, NFTs are burned. If you bought 1.5 tokens, you will still receive 1 NFT. That is, you need to buy a round number so that the number of tokens and NFTs is the same.
Is it possible to sell an NFT separately from a token, will this solve the problem with the liquidity of the NFT market, and what kind of project is this? There are no answers to these questions yet, PANDORA is intriguing 😡
What's next
It’s difficult to estimate how much hype the launch of PANDORA will be, but in the near future we’ll definitely see a lot of copycat projects and just scams.
Remember that opening Pandora's box was always a bad idea, DYOR ‼️#Write2Earn
Recently, Twitter began actively promoting the new ERC-404 token format, which is a mixture of the popular ERC-20 (regular tokens) and ERC-721 (NFT) standards.
Now the pioneer PANDORA is breaking all records and is trading at $23.9k. What is this anyway?
How it works
When you buy 1 PANDORA token, you will receive 1 PANDORA NFT, which will be unique. When a token is sold, NFTs are burned. If you bought 1.5 tokens, you will still receive 1 NFT. That is, you need to buy a round number so that the number of tokens and NFTs is the same.
Is it possible to sell an NFT separately from a token, will this solve the problem with the liquidity of the NFT market, and what kind of project is this? There are no answers to these questions yet, PANDORA is intriguing 😡
What's next
It’s difficult to estimate how much hype the launch of PANDORA will be, but in the near future we’ll definitely see a lot of copycat projects and just scams.
Remember that opening Pandora's box was always a bad idea, DYOR ‼️#Write2Earn
