ERC404 Introduction

Introducing Meexa - Revolutionizing the Future of NFTs with ERC404 Protocol

ERC-404 mixes parts from two standards, ERC-20 and ERC-721, which usually don't work together. It does this in a new way. Instead of the usual method, it uses token fires and mints to help with sharing parts of tokens.

The GitHub page for ERC-404 says this is on purpose. It aims to make NFTs that can be split into smaller parts and have liquidity. This can encourage trading and engagement. The reason for this is that there are NFT fractionalization rules already.

These let you lock an NFT and make shares from it. But ERC-404 does this differently. It builds fractionalization into NFT projects that follow the standard. This offers new chances for trading NFTs and trying new things.

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