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What are ERC404, DN404, ERC404m, ERC-X, NAP?This article will introduce each of these protocols.

Between ERC-20 and ERC-721, can ERC404 redefine NFT? What other opportunities are there?

The article discusses the interactive and developmental potential of the 404 Token in the NFT market.

After the release of the ERC-404 standard, a new standard called BC-404 has emerged, bringing new possibilities to the NFT market. BC-404 builds upon ERC-404 with improvements, making it the first deflationary NFT contract in cryptocurrency. Its introduction signifies that NFTs are evolving in more complex and diverse directions, integrating token economics, deflationary mechanisms, and dynamic pricing models.

Pandora is merely the debut project of ERC404 and cannot capture actual value from ERC404's potential future developments and widespread applications, with its future development depending more on the continuous operation of subsequent project parties.

In this article, we will take you through the ERC404 protocol, Pandora and the value of its tokens, what exactly is the mechanism of the ERC404 protocol "Token-NFT", and what caused the FOMO sentiment in the market.

During the Spring Festival of 2024, an experimental protocol called ERC404 and its first project, Pandora, quickly became a sensation.

SPL-404Token 標準是爲 Solana 區塊鏈提出的 Token 標準，盡管它可能尚未被廣泛認可，SPL-404 專注於優化效能、增強功能和促進互通性，在 Solana 生態系統內 DeFi、NFT 等領域與各種應用中充滿創新解決方案的潛力，有望爲一個強大且多功能的區塊鏈基礎設施做出貢獻。

This article compiles and summarizes information about ERC404 to provide readers with a preliminary overview of this new asset issuance protocol.

DN404 is another cryptocurrency mixing protocol on Ethereum. It prioritizes improving the liquidity and accessibility of NFTs, providing a more adaptable and efficient structure for the tokenization of assets, and will have good application prospects in multiple fields.

ERC-404 is an experimental token standard that has not been formally reviewed. Based on this standard, Pandora token innovatively combines ERC-20 tokens and NFT, aiming to explore new ways of asset trading. Although there is a certain degree of innovation, However, it does not solve the liquidity problem of the NFT market, and its security and long-term impact remain to be seen.

This article discusses new standards in the semi-fungible token field, such as ERC-404, TinySPL, and Asteroids, and their role in promoting new models of digital economy and asset forms. The article evaluates the performance of these standards in enhancing asset interoperability, binding assets with identities, scalability, cost efficiency, and simplifying user experience. At the same time, it points out the challenges faced by ERC-404 tokens, including lack of formal review, security risks, and market acceptance issues.

Recently, there has been an explosive growth in transaction activity on the Avalanche blockchain, one of the main driving forces being the recently popular arena.trade platform, which allows users to mint ERC-404 type tokens through X posts and price and trade them using a bonding curve.

The article discusses the future development of blockchain technology, especially the potential impact of several new ERC standards—ERC-6551, ERC-5169, ERC-404—on blockchain applications. ERC-6551 could allow non-human entities like AI and game NPCs to own accounts, fostering new forms of interaction. ERC-5169 aims to expand the blockchain's data processing capabilities by integrating on-chain and off-chain data, as well as decentralized and centralized trust. ERC-404 offers a new way of product production, akin to standardized production, which could bring new types of economic goods in Web3 economic activities. These new standards could introduce new application directions and user demands for the blockchain.

The latest innovation in the blockchain technology field, the ERC314 protocol, has sparked discussions once again following ERC404. Its notable feature lies in supporting direct transfers like native tokens, without relying on DEX or SWAP, while allowing customization of token attributes and enhancing security.