ERC404
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The price of #Pandora , an #ERC404 token, has surged to over $20,000, marking a significant milestone in its valuation.
In the last 24 hours, a notable whale invested 395 ETH, equivalent to approximately $958,000, to purchase 67.2 Pandora tokens at an average price of $14,296.
For those interested, the address associated with this transaction can be found here: 0x4c05908d02467840c3bdb9c1848f3c13090eabdf.
In the last 24 hours, a notable whale invested 395 ETH, equivalent to approximately $958,000, to purchase 67.2 Pandora tokens at an average price of $14,296.
For those interested, the address associated with this transaction can be found here: 0x4c05908d02467840c3bdb9c1848f3c13090eabdf.
ERC404 is an experimental token standard built on the Ethereum blockchain that aims to combine the functionalities of ERC-20 tokens (fungible tokens) and ERC-721 tokens (non-fungible tokens, or NFTs) into a single standard.
#Write2Earn #TrendingTopic #ETH #nfts #ERC404 $BTC $ETH $BNB
#Write2Earn #TrendingTopic #ETH #nfts #ERC404 $BTC $ETH $BNB
- Data from Dune Analytics shows that the amount of staked Ethereum (ETH) on the Ethereum network has now exceeded 25% of the total ETH supply.
- This milestone comes almost a year after the Ethereum Shapella upgrade.
- The total supply of ETH has surpassed 30.1 million tokens, equivalent to approximately $73 billion.
- Despite the significant amount of staked ETH, the staking yield has dropped from 25% to below 4% over time.
#ERC404 #ETH
- This milestone comes almost a year after the Ethereum Shapella upgrade.
- The total supply of ETH has surpassed 30.1 million tokens, equivalent to approximately $73 billion.
- Despite the significant amount of staked ETH, the staking yield has dropped from 25% to below 4% over time.
#ERC404 #ETH
This trader incurred significant losses while engaging in a transaction involving the #ERC404 token $NO, resulting in a loss of approximately 42.88 ETH ($113,672).
The details of the transaction are as follows:👇
Transaction Hash: 0x737af24cf58ccde66d5f5856f3aafa82a301b4d98c27556babdd398f943f0d67
Address:
0x31b47c9b70F6ed771457b99eD92585938e2C43cF
Despite the trader's attempt to make gains, the transaction ultimately resulted in a significant loss, highlighting the risks associated with trading in volatile markets.
#ETH
The details of the transaction are as follows:👇
Transaction Hash: 0x737af24cf58ccde66d5f5856f3aafa82a301b4d98c27556babdd398f943f0d67
Address:
0x31b47c9b70F6ed771457b99eD92585938e2C43cF
Despite the trader's attempt to make gains, the transaction ultimately resulted in a significant loss, highlighting the risks associated with trading in volatile markets.
#ETH
via PandoraERC404 on X
A snapshot of all #PANDORA holders was taken on Feb 22nd 01:06:23 AM UTC (block 19279784)
349 @palettebycfw (A Generative erc404 art collection ) will be airdropped to Pandora holders, with every holder with a minimum of 0.01 PANDORA being eligible. This airdrop as well as others that have been announced will be claimable shortly via our claim portal, which is just about ready to launch and will be releasing in advance prior to our major dApp release.
Holders with over 1 Pandora will receive a 2X multiplier on their #airdrops #ERC404
A snapshot of all #PANDORA holders was taken on Feb 22nd 01:06:23 AM UTC (block 19279784)
349 @palettebycfw (A Generative erc404 art collection ) will be airdropped to Pandora holders, with every holder with a minimum of 0.01 PANDORA being eligible. This airdrop as well as others that have been announced will be claimable shortly via our claim portal, which is just about ready to launch and will be releasing in advance prior to our major dApp release.
Holders with over 1 Pandora will receive a 2X multiplier on their #airdrops #ERC404
🔥💥Competitor of ERC-404: Injective (INJ) introduced the CW-404 standard
The popular crypto project Injective (#INJ ) has introduced the standard CW-404, which will rival ERC-404.
the crypto project #Injective (INJ), which marks the year 2023, continues its development work at full speed. Injective has decided to compete with the ERC-404 trend, which has been catching hype in recent weeks. The popular layer-1 project introduced the new standard CW-404 and partnered with the decentralized exchange DojoSwap in the development work.
Injective developed the CW-404 standard by collaborating with the decentralized exchange DojoSwap, which is located in its own ecosystem. The Sushi Fighter NFT collection was the first collection to use the CW-404 standard.
The CW-404 standard allows partial ownership of NFTs and makes NFTs more accessible to users. This development is aimed at increasing the financial use of NFTs.
Injective, a Cosmos-based layer-1 blockchain, is working together with DojoSwap for the DW-404. It has been reported that CW-404 is a port of ERC-404 and therefore combines the CW-20 and CW-721 standards in token issuance.
The developers said that the CW-404 will reveal many new dApps (decentralized applications) and innovations that are not anywhere outside of Injective.
Injective's native token, INJ, is trading at $34 and has a market capitalization of $3.179 billion. Injective had been one of the most rising cryptocurrencies in 2023.
#ERC404 #CW404 #binance
The popular crypto project Injective (#INJ ) has introduced the standard CW-404, which will rival ERC-404.
the crypto project #Injective (INJ), which marks the year 2023, continues its development work at full speed. Injective has decided to compete with the ERC-404 trend, which has been catching hype in recent weeks. The popular layer-1 project introduced the new standard CW-404 and partnered with the decentralized exchange DojoSwap in the development work.
Injective developed the CW-404 standard by collaborating with the decentralized exchange DojoSwap, which is located in its own ecosystem. The Sushi Fighter NFT collection was the first collection to use the CW-404 standard.
The CW-404 standard allows partial ownership of NFTs and makes NFTs more accessible to users. This development is aimed at increasing the financial use of NFTs.
Injective, a Cosmos-based layer-1 blockchain, is working together with DojoSwap for the DW-404. It has been reported that CW-404 is a port of ERC-404 and therefore combines the CW-20 and CW-721 standards in token issuance.
The developers said that the CW-404 will reveal many new dApps (decentralized applications) and innovations that are not anywhere outside of Injective.
Injective's native token, INJ, is trading at $34 and has a market capitalization of $3.179 billion. Injective had been one of the most rising cryptocurrencies in 2023.
#ERC404 #CW404 #binance
Ah, the regret of missed opportunities echoes through the halls of crypto history! 😭 But fear not, my friend, for the tides of fortune are ever-changing, and a new opportunity awaits on the horizon.
It's true, hindsight can be a brutal teacher, but let's not dwell on the past. Instead, let's focus on the present and the future! 💡 Here's your chance to seize the moment with the upgraded version of Ordi: erc404! 🚀 With its airdrop and pre-sale in full swing, there's still time to dive into the action and potentially ride the wave to astronomical gains!
Don't let fear of missing out (FOMO) hold you back this time. Take charge, grab your Ethereum wallet, and dive headfirst into the pre-sale action! 💰 Who knows, with a little luck and savvy investment, you could be cruising in that luxury car sooner than you think! 🏎️💨
So, what are you waiting for? Don't let this opportunity slip through your fingers like sands through an hourglass. Click that link, participate in the event, and let's embark on this crypto journey together! 🌟 #ToTheMoon 🌙 #ERC404 🚀
Follow | Like ❤️ | Quote 🔄 | Comment🙏
It's true, hindsight can be a brutal teacher, but let's not dwell on the past. Instead, let's focus on the present and the future! 💡 Here's your chance to seize the moment with the upgraded version of Ordi: erc404! 🚀 With its airdrop and pre-sale in full swing, there's still time to dive into the action and potentially ride the wave to astronomical gains!
Don't let fear of missing out (FOMO) hold you back this time. Take charge, grab your Ethereum wallet, and dive headfirst into the pre-sale action! 💰 Who knows, with a little luck and savvy investment, you could be cruising in that luxury car sooner than you think! 🏎️💨
So, what are you waiting for? Don't let this opportunity slip through your fingers like sands through an hourglass. Click that link, participate in the event, and let's embark on this crypto journey together! 🌟 #ToTheMoon 🌙 #ERC404 🚀
Follow | Like ❤️ | Quote 🔄 | Comment🙏
A smart trader spent $189K to buy 187.68 #PANDORA ( #ERC404 token) at $1,007 2 days ago, which is now worth $1.42M.
Making ~$1.23M in only 2 days!
#Write2Earn #RONIN #ENS
Making ~$1.23M in only 2 days!
#Write2Earn #RONIN #ENS
ERC-404 Tokens Hit by Market Downturn: A Rough Day for Innovators 📈
The ERC-404 sector, blending the best of Ethereum's ERC-20 and ERC-721 standards, embarked on an ambitious journey to revolutionize digital assets by enabling developers to create and trade fractionalized non-fungible token (NFT) collections.Despite its forward-thinking approach, the sector has recently faced a significant market challenge.
According to the latest data from Coingecko, the ERC-404 space has seen a sharp 29% fall in market capitalization in just 24 hours, underscoring a difficult period for investors. Leading assets within this innovative category have been particularly hard-hit: PANDORA with a decline of over 15%, DEFROGS dropping more than 22%, RUG by over 38%, and Crystal by more than 25%.
This downturn highlights the inherent risks and volatility within the nascent yet rapidly evolving digital asset landscape. As ERC-404 continues to navigate outside the Ethereum Improvement Proposals (EIP) standard framework, its journey underscores the unpredictable nature of pioneering in the crypto space.
#ERC404 #ETH #TrendingTopic
The ERC-404 sector, blending the best of Ethereum's ERC-20 and ERC-721 standards, embarked on an ambitious journey to revolutionize digital assets by enabling developers to create and trade fractionalized non-fungible token (NFT) collections.Despite its forward-thinking approach, the sector has recently faced a significant market challenge.
According to the latest data from Coingecko, the ERC-404 space has seen a sharp 29% fall in market capitalization in just 24 hours, underscoring a difficult period for investors. Leading assets within this innovative category have been particularly hard-hit: PANDORA with a decline of over 15%, DEFROGS dropping more than 22%, RUG by over 38%, and Crystal by more than 25%.
This downturn highlights the inherent risks and volatility within the nascent yet rapidly evolving digital asset landscape. As ERC-404 continues to navigate outside the Ethereum Improvement Proposals (EIP) standard framework, its journey underscores the unpredictable nature of pioneering in the crypto space.
#ERC404 #ETH #TrendingTopic
ERC404 tokens now live in Binance Web3 Wallet.
#TrendingTopic #Write2Earn #ERC404 #Web3 #BinanceDeFi $BNB
#TrendingTopic #Write2Earn #ERC404 #Web3 #BinanceDeFi $BNB
What Is ERC-404?
What Is ERC-404? The Experimental ‘Semi-Fungible’ Ethereum Token Standard
The experimental ERC-404 token standard combines elements of fungible and non-fungible tokens into a single "semi-fungible" digital asset.
Established token standards for Ethereum include fungible ERC-20 tokens and non-fungible ERC-721 tokens (NFTs). Now an experimental and unofficial new token standard, ERC-404, aims to combine elements of both into a single "semi-fungible" digital asset.
What is ERC-404?
ERC-404 is a new token standard for digital assets on the Ethereum blockchain developed by pseudonymous creators "ctrl" and "Acme."
Token standards are formal sets of rules and protocols that determine the behavior of tokens on blockchain networks such as Ethereum.
The ERC-404 token standard combines features of ERC-20 and ERC-721, enabling the creation of "semi-fungible" tokens that employ features from fungible and non-fungible tokens.
How does ERC-404 work?
NFTs are non-fungible, meaning that they are unique and indivisible; you can't own fractions of an NFT.
ERC-404 circumvents this limitation by using token mint and burn mechanics to enable fractional transfers of an NFT.
Issued tokens are linked to an NFT. If you buy a full token, the linked NFT is minted to your wallet. If you sell a fraction of the token, the linked NFT is burned. If a wallet holding fractions of a token purchases enough fractions to hold a complete token, a new NFT is minted automatically.
What's so special about it?
The ERC-404 token standard enables native fractionalization of NFTs, creating new primitives and new mechanics built atop them. This, in turn, allows for experimentation with NFTs and the trading of them.
The token standard's creators suggest that the goal is to create an NFT with "native fractionalization, liquidity and encourages some aspects of trading/engagement to farm unique trait sets."
The team behind Pandora, a project using ERC-404, claims that it effectively enables NFTs built using the standard to "effectively have a token price that reflects a floor price in real-time" because it allows for "actual native liquidity." Rather than needing a single counterparty to buy their NFT, holders of ERC-404 tokens can sell at a time of their choosing if there's a liquidity pool.
Furthermore, instead of having to lock up or wrap NFTs and issue shares against them, fractionalization of NFTs can be achieved natively without relying on third-party protocols and solutions.
Another possible use case suggested by the Pandora team is gaming NFTs that incorporate randomization into the destroying and reminting of NFTs.
ERC-404 projects
Pandora: Pandora is one of the first projects to employ the ERC-404 token standard. It comprises 10,000 PANDORA ERC-20 tokens and 10,000 linked "Replicant" NFTs. A Replicant NFT is minted to your wallet if you purchase a PANDORA token on an exchange.DeFrogs: DeFrogs is a collection of 10,000 Pepe the Frog-themed NFTs using a variant of the ERC-404 token standard, billed as the first ERC-404 PFP collection, which its creators claim is deflationary.Monkees: Another PFP collection using the ERC-404 token standard, Monkees consists of 100 NFTs with ten attributes and six traits.
The future of ERC-404
Unlike the popular ERC-20 and ERC-721 token standards, ERC-404 is "experimental" and unofficial. That means it hasn't been submitted for review as an Ethereum Improvement Proposal (EIP) or undergone a full external audit. This means it could have undiscovered flaws, introducing a significant risk to token holders.
The team states that, "While these two standards are not designed to be mixed, this implementation strives to do so in as robust a manner as possible while minimizing tradeoffs," though they concede it is a "non-standard" implementation of ERC-721.
Because ERC-404 is an unofficial token standard, many NFT platforms and marketplaces do not support it by default
The team behind the token standard plan to submit it as an official Ethereum Improvement Proposal, a potentially lengthy process. However, their decision to circumvent the standard approval process for token standards could encourage other projects to do the same—which could lead to more unaudited token standards going to market, with the attendant risks to users that entails.
#ERC404
The experimental ERC-404 token standard combines elements of fungible and non-fungible tokens into a single "semi-fungible" digital asset.
Established token standards for Ethereum include fungible ERC-20 tokens and non-fungible ERC-721 tokens (NFTs). Now an experimental and unofficial new token standard, ERC-404, aims to combine elements of both into a single "semi-fungible" digital asset.
What is ERC-404?
ERC-404 is a new token standard for digital assets on the Ethereum blockchain developed by pseudonymous creators "ctrl" and "Acme."
Token standards are formal sets of rules and protocols that determine the behavior of tokens on blockchain networks such as Ethereum.
The ERC-404 token standard combines features of ERC-20 and ERC-721, enabling the creation of "semi-fungible" tokens that employ features from fungible and non-fungible tokens.
How does ERC-404 work?
NFTs are non-fungible, meaning that they are unique and indivisible; you can't own fractions of an NFT.
ERC-404 circumvents this limitation by using token mint and burn mechanics to enable fractional transfers of an NFT.
Issued tokens are linked to an NFT. If you buy a full token, the linked NFT is minted to your wallet. If you sell a fraction of the token, the linked NFT is burned. If a wallet holding fractions of a token purchases enough fractions to hold a complete token, a new NFT is minted automatically.
What's so special about it?
The ERC-404 token standard enables native fractionalization of NFTs, creating new primitives and new mechanics built atop them. This, in turn, allows for experimentation with NFTs and the trading of them.
The token standard's creators suggest that the goal is to create an NFT with "native fractionalization, liquidity and encourages some aspects of trading/engagement to farm unique trait sets."
The team behind Pandora, a project using ERC-404, claims that it effectively enables NFTs built using the standard to "effectively have a token price that reflects a floor price in real-time" because it allows for "actual native liquidity." Rather than needing a single counterparty to buy their NFT, holders of ERC-404 tokens can sell at a time of their choosing if there's a liquidity pool.
Furthermore, instead of having to lock up or wrap NFTs and issue shares against them, fractionalization of NFTs can be achieved natively without relying on third-party protocols and solutions.
Another possible use case suggested by the Pandora team is gaming NFTs that incorporate randomization into the destroying and reminting of NFTs.
ERC-404 projects
Pandora: Pandora is one of the first projects to employ the ERC-404 token standard. It comprises 10,000 PANDORA ERC-20 tokens and 10,000 linked "Replicant" NFTs. A Replicant NFT is minted to your wallet if you purchase a PANDORA token on an exchange.DeFrogs: DeFrogs is a collection of 10,000 Pepe the Frog-themed NFTs using a variant of the ERC-404 token standard, billed as the first ERC-404 PFP collection, which its creators claim is deflationary.Monkees: Another PFP collection using the ERC-404 token standard, Monkees consists of 100 NFTs with ten attributes and six traits.
The future of ERC-404
Unlike the popular ERC-20 and ERC-721 token standards, ERC-404 is "experimental" and unofficial. That means it hasn't been submitted for review as an Ethereum Improvement Proposal (EIP) or undergone a full external audit. This means it could have undiscovered flaws, introducing a significant risk to token holders.
The team states that, "While these two standards are not designed to be mixed, this implementation strives to do so in as robust a manner as possible while minimizing tradeoffs," though they concede it is a "non-standard" implementation of ERC-721.
Because ERC-404 is an unofficial token standard, many NFT platforms and marketplaces do not support it by default
The team behind the token standard plan to submit it as an official Ethereum Improvement Proposal, a potentially lengthy process. However, their decision to circumvent the standard approval process for token standards could encourage other projects to do the same—which could lead to more unaudited token standards going to market, with the attendant risks to users that entails.
#ERC404
MetFi is launching the Marine Moguls ERC-404 NFT Collection on BNB Smart Chain, combining ERC-20 and ERC-721 tokens for instant liquidity and fractional ownership, enhancing the user experience in the NFT space.
#metfi #HotTrends #NFT #ERC404
#metfi #HotTrends #NFT #ERC404
FIRST EVER ERC404 TOKEN $PANDORA JUMPS 12,000% IN ONE WEEK
- $PANDORA is the first token made via the newly introduced ERC-404 #Ethereum token standard.
- @Pandora_ERC404 surged from as low as $250 per token lasy week, to highs of as much as $32,000 this morning, equating to a nearly 130x gain.
- The token’s low supply of just 8,000 tokens is the cause behind $PANDORA’s staggering price per token.
- ERC-404 is a new unofficial token standard designed to allow additional functionality and interaction between fungible tokens and NFTs.
- Various other projects have sought to capitalize on $PANDORA’s success by airdropping their own tokens to holders of the asset, driving up demand for $PANDORA itself.
- Others, such as $CRYSTAL of @404_Crystal (which is hosted on $ARB) have looked to be the first ERC-404 token to launch on other networks outside of $ETH.
- According to Coindesk, exchanges @OKX and @Binance announcing support for such tokens in their respective wallet solutions, has added further credibility to the new ERC-404 standard.
#PANDORA #ERC404 #Write2Earn #TrendingTopic
- $PANDORA is the first token made via the newly introduced ERC-404 #Ethereum token standard.
- @Pandora_ERC404 surged from as low as $250 per token lasy week, to highs of as much as $32,000 this morning, equating to a nearly 130x gain.
- The token’s low supply of just 8,000 tokens is the cause behind $PANDORA’s staggering price per token.
- ERC-404 is a new unofficial token standard designed to allow additional functionality and interaction between fungible tokens and NFTs.
- Various other projects have sought to capitalize on $PANDORA’s success by airdropping their own tokens to holders of the asset, driving up demand for $PANDORA itself.
- Others, such as $CRYSTAL of @404_Crystal (which is hosted on $ARB) have looked to be the first ERC-404 token to launch on other networks outside of $ETH.
- According to Coindesk, exchanges @OKX and @Binance announcing support for such tokens in their respective wallet solutions, has added further credibility to the new ERC-404 standard.
#PANDORA #ERC404 #Write2Earn #TrendingTopic
- Meme token SIMP, based on ERC404, has launched on Arbitrum.
- The token has seen a surge in value of up to 2000% since its launch.
- SIMP is a fair launch token created by the SimpDoge community, focused on Simp culture.
- The total supply of SIMP is 10,000 tokens, each corresponding to one NFT blind box.
- The SIMP community aims to improve NFT liquidity and Web3 community scalability.
#MemecoinMadness #ARB #ERC404
- The token has seen a surge in value of up to 2000% since its launch.
- SIMP is a fair launch token created by the SimpDoge community, focused on Simp culture.
- The total supply of SIMP is 10,000 tokens, each corresponding to one NFT blind box.
- The SIMP community aims to improve NFT liquidity and Web3 community scalability.
#MemecoinMadness #ARB #ERC404
🔵 ¡Descubra #ERC404 en su billetera TokenPocket!
Con el auge de $PANDORA, el primer token creado según el estándar de token ERC404, ¡cada vez más usuarios notaron la tendencia #Pandora
Descubra #ERC404 en la página Market de TokenPocket, realice un seguimiento del precio del token en tiempo real y disfrute del servicio comercial integral en #TokenPocket .
#NFA
👉https://www.tokenpocket.pro/
$ETH
Con el auge de $PANDORA, el primer token creado según el estándar de token ERC404, ¡cada vez más usuarios notaron la tendencia #Pandora
Descubra #ERC404 en la página Market de TokenPocket, realice un seguimiento del precio del token en tiempo real y disfrute del servicio comercial integral en #TokenPocket .
#NFA
👉https://www.tokenpocket.pro/
$ETH
The value of Pandora, the premier token conforming to the ERC404 standard, has surged to over $8,600.
Within a brief span of two days, another trader has garnered an impressive profit of approximately $1.2 million through their dealings with Pandora.
The trader initiated their investment by allocating 97,484 USDT to purchase 154 units of Pandora at a rate of $633 each, two days ago. Subsequently, just three hours prior, they capitalized on the appreciating value by selling 25 units of #Pandora for 188,695 USDT, at a price of $7,548 per token. This transaction yielded a profit of 91,211 USDT.
Presently, the trader maintains a holding of 129 Pandora tokens, valued at $1.1 million. Furthermore, the unrealized profit from this investment amounts to an equivalent $1.1 million.
Wallet Address:
0xbc150a00b9b48873fd6a6af7d6608fa1f481e814
$PANDORA #ERC404 #PANDORA
Within a brief span of two days, another trader has garnered an impressive profit of approximately $1.2 million through their dealings with Pandora.
The trader initiated their investment by allocating 97,484 USDT to purchase 154 units of Pandora at a rate of $633 each, two days ago. Subsequently, just three hours prior, they capitalized on the appreciating value by selling 25 units of #Pandora for 188,695 USDT, at a price of $7,548 per token. This transaction yielded a profit of 91,211 USDT.
Presently, the trader maintains a holding of 129 Pandora tokens, valued at $1.1 million. Furthermore, the unrealized profit from this investment amounts to an equivalent $1.1 million.
Wallet Address:
0xbc150a00b9b48873fd6a6af7d6608fa1f481e814
$PANDORA #ERC404 #PANDORA
LIVE
EyeOnChain
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Hausse
💰 PANDORA Token: From $189K to $1.42M in 2 Days! 🚀
A discerning trader invested $189,000 to purchase 187.68 units of the #PANDORA token (an #ERC404 token) at a rate of $1,007 each, two days prior. As of now, the value of this investment has surged to $1.42 million.
This remarkable increase translates to a profit of approximately $1.29 million within a mere two-day period.
Notably, the trader has chosen to retain their position and continues to #hold the tokens.
Wallet Address:
0xd92ec2123473e0e4099733b1e03405384aa1024d
$PANDORA
A discerning trader invested $189,000 to purchase 187.68 units of the #PANDORA token (an #ERC404 token) at a rate of $1,007 each, two days prior. As of now, the value of this investment has surged to $1.42 million.
This remarkable increase translates to a profit of approximately $1.29 million within a mere two-day period.
Notably, the trader has chosen to retain their position and continues to #hold the tokens.
Wallet Address:
0xd92ec2123473e0e4099733b1e03405384aa1024d
$PANDORA
