A new Ethereum token standard, ERC-404, has garnered attention for its blend of ERC-20 and ERC-721 technologies, allowing for fractionalized ownership of NFTs. While some see it as a game changer for real-world asset tokenization, others express concerns about its lack of formal inclusion in the Ethereum Foundation’s ERC standard and the potential risks associated with unapproved projects. Despite its rapid growth, ERC-404’s future adoption and longevity remain uncertain.
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