NFT Protocol Interoperability

Native Liquidity

ERC20 Protocol Interoperebility

Non-fungible properties

Whereas NFTs are not divisible and must be bought or sold intact, ERC-404 allows an NFT to be divided into fungible tokens. That means it can be owned like an NFT but bought and sold "fragmented" like a fungible token. This makes players who cannot afford a large sum but still have the ownership of unique NFT items. Once the full payment is made, the NFT consolidates will be transferred to your wallet, allowing the owner to enjoy full rights and benefits associated with it.

This feature could enhance user experience by simplifying the process of acquiring and managing NFT ownership while still preserving the scarcity and exclusivity of the assets. It also ensures that sellers receive fair compensation for their NFTs while accommodating buyers with varying budget constraints.

Last updated