{"id":21171,"date":"2024-12-09T10:24:22","date_gmt":"2024-12-09T10:24:22","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=21171"},"modified":"2025-12-29T10:38:14","modified_gmt":"2025-12-29T10:38:14","slug":"what-is-erc-404-erc-404-features","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/what-is-erc-404-erc-404-features\/","title":{"rendered":"What is ERC-404? ERC-404 Features"},"content":{"rendered":"\n<p>ERC is an acronym for\u00a0<strong>Ethereum Request for Comment<\/strong>\u00a0and refers to the token standards on theThe <strong><em><a href=\"https:\/\/metaverseplanet.net\/ethereum\/\">Ethereum (ETH)<\/a><\/em> network<\/strong> is home to numerous token standards that guide how crypto assets are created and managed. Among these, the <strong>ERC-20 standard<\/strong> has been the foundation for many altcoins in the cryptocurrency market. However, a new token standard, <strong>ERC-404<\/strong>, has recently gained attention due to its unique features and innovative design.<\/p>\n\n\n\n<p>In this article, we will explore:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>What is ERC-404?<\/strong><\/li>\n\n\n\n<li><strong>What are the ERC-404 features?<\/strong><\/li>\n\n\n\n<li><strong>What are ERC-404 tokens?<\/strong><\/li>\n\n\n\n<li><strong>Is ERC-404 worth investing in?<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Is ERC-404?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-1024x683.png\" alt=\"\" class=\"wp-image-10743\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-1024x683.png 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-300x200.png 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-768x512.png 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-150x100.png 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>ERC-404<\/strong> is an <strong>experimental<\/strong> and <strong>innovative Ethereum NFT standard<\/strong> that merges characteristics of <strong>NFTs (ERC-721)<\/strong>, which are <strong>non-fungible tokens<\/strong>, and <strong>fungible tokens (ERC-20)<\/strong>. This unique combination allows a token to be both fungible and non-fungible depending on its use case.<\/p>\n\n\n\n<p>At the time of writing, <strong>ERC-404<\/strong> is <strong>not officially listed<\/strong> as an <strong>Ethereum Improvement Proposal (EIP)<\/strong> and has yet to be approved by the Ethereum community. Its potential, however, has sparked significant interest in the cryptocurrency world.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Are the ERC-404 Features?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-2-1024x576.jpeg\" alt=\"\" class=\"wp-image-20036\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-2-1024x576.jpeg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-2-300x169.jpeg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-2-768x432.jpeg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-2-390x220.jpeg 390w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-2-150x84.jpeg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-2-scaled.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The ERC-404 standard introduces a concept called <strong>semi-fungible tokens<\/strong>, blending the <strong>benefits<\/strong> of both <strong>ERC-20<\/strong> and <strong>ERC-721<\/strong> token standards. This unique design opens up <strong>new possibilities<\/strong> for developers and users by enhancing <strong>Ethereum\u2019s functionality<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Features of ERC-404 Tokens:<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-1-1024x576.jpeg\" alt=\"\" class=\"wp-image-20035\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-1-1024x576.jpeg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-1-300x169.jpeg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-1-768x432.jpeg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-1-390x220.jpeg 390w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-1-150x84.jpeg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/09\/Vitalik-Buterin-The-Visionary-Behind-Ethereums-Rise-1-scaled.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">1. <strong>Improved Interoperability<\/strong><\/h3>\n\n\n\n<p>ERC-404 tokens can interact seamlessly with protocols in both the <strong>fungible token<\/strong> and <strong>NFT spaces<\/strong>, bridging these previously separate ecosystems. For instance, ERC-404 tokens can be used as <strong>collateral in DeFi protocols<\/strong> while also being traded on <strong>NFT marketplaces<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. <strong>Flexibility<\/strong><\/h3>\n\n\n\n<p>The ability to switch between <strong>fungible<\/strong> and <strong>non-fungible forms<\/strong> creates exciting opportunities for <strong>dynamic and interactive NFTs<\/strong>. Token developers can design tokens that change status and value based on specific events or actions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. <strong>Low Transaction Costs<\/strong><\/h3>\n\n\n\n<p>ERC-404 tokens support <strong>mass transfers<\/strong>, allowing users to send multiple tokens to multiple addresses in a <strong>single transaction<\/strong>. This reduces transfer costs and enhances <strong>transaction security<\/strong> by verifying token ownership before executing transfers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. <strong>Increased Liquidity<\/strong><\/h3>\n\n\n\n<p>Since <strong>ERC-404 tokens<\/strong> can be traded as <strong>fungible tokens<\/strong> on <strong>decentralized exchanges (DEXs)<\/strong>, they offer improved <strong>liquidity<\/strong> compared to standard NFTs. This solves the common issue of <strong>low trading volume<\/strong> and <strong>high price volatility<\/strong> faced by conventional NFTs.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Most Popular ERC-404 Tokens<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-1-1024x683.jpg\" alt=\"\" class=\"wp-image-10742\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-1-1024x683.jpg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-1-300x200.jpg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-1-768x512.jpg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-1-150x100.jpg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Despite being <strong>experimental<\/strong>, ERC-404 tokens are gaining traction among developers. Some of the most notable tokens using this standard include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pandora (PANDORA):<\/strong> Market cap over $150 million, considered the first and most popular ERC-404 token.<\/li>\n\n\n\n<li><strong>404 Bakery (BAKE):<\/strong> Known for its creative approach in DeFi.<\/li>\n\n\n\n<li><strong>Asterix Labs (ASTX):<\/strong> A promising experimental project.<\/li>\n\n\n\n<li><strong>DeFrogs (DEFROGS):<\/strong> Focused on decentralized finance.<\/li>\n\n\n\n<li><strong>YES (YES):<\/strong> A versatile token in the ERC-404 ecosystem.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Is the PANDORA Token?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-1024x683.jpg\" alt=\"\" class=\"wp-image-10741\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-1024x683.jpg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-300x200.jpg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-768x512.jpg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2-150x100.jpg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/Unveiling-Ether-The-Core-Currency-Fueling-Ethereum-2.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Pandora (PANDORA)<\/strong> is recognized as the <strong>first ERC-404 token<\/strong> and remains the most popular one today. Each PANDORA token holder receives a <strong>corresponding NFT collection copy<\/strong> for every token they own. Its detailed features and development roadmap can be explored further through its <strong>whitepaper<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Is ERC-404 Worth Investing In?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Top-Metaverse-Coins-Hoarded-by-Ethereum-Whales-Unveiling-Investments-1024x576.webp\" alt=\"\" class=\"wp-image-8669\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Top-Metaverse-Coins-Hoarded-by-Ethereum-Whales-Unveiling-Investments-1024x576.webp 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Top-Metaverse-Coins-Hoarded-by-Ethereum-Whales-Unveiling-Investments-300x169.webp 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Top-Metaverse-Coins-Hoarded-by-Ethereum-Whales-Unveiling-Investments-768x432.webp 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Top-Metaverse-Coins-Hoarded-by-Ethereum-Whales-Unveiling-Investments-1536x864.webp 1536w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Top-Metaverse-Coins-Hoarded-by-Ethereum-Whales-Unveiling-Investments-390x220.webp 390w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/Top-Metaverse-Coins-Hoarded-by-Ethereum-Whales-Unveiling-Investments.webp 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Since <strong>February 2024<\/strong>, ERC-404 has become one of the <strong>hottest topics<\/strong> in the cryptocurrency world. Naturally, many investors are asking, <strong>\u201cIs it worth investing in ERC-404 tokens?\u201d<\/strong><\/p>\n\n\n\n<p>At this stage, it is <strong>too early to provide a definite answer<\/strong>. The ERC-404 standard holds <strong>potential<\/strong> for expanding <strong>Ethereum\u2019s ecosystem<\/strong> and unlocking <strong>new DeFi opportunities<\/strong>. However, its <strong>experimental nature<\/strong> comes with <strong>uncertainties<\/strong> and potential <strong>technical challenges<\/strong>. Investors should approach it cautiously and stay informed about its development progress.<\/p>\n\n\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>ERC is an acronym for\u00a0Ethereum Request for Comment\u00a0and refers to the token standards on theThe Ethereum (ETH) network is home to numerous token standards that guide how crypto assets are created and managed. Among these, the ERC-20 standard has been the foundation for many altcoins in the cryptocurrency market. However, a new token standard, ERC-404, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":6301,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[309],"tags":[313,137],"class_list":["post-21171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3new","tag-crypto-blog","tag-ethereum-news-and-content"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/21171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=21171"}],"version-history":[{"count":1,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/21171\/revisions"}],"predecessor-version":[{"id":41847,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/21171\/revisions\/41847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/6301"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=21171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=21171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=21171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}