Certainly, the core concept behind ERC-404s is to make it simpler to fractionalize, cut up possession and enhance liquidity when buying and selling non-fungible tokens (NFTs). There would possibly genuinely be one thing to the concept. ERC-404 combines two present token requirements, ERC-20 and ERC-721, used for minting common Ethereum-based tokens and NFTs, respectively, in a bid to create “semi-fungible” tokens.
