New DN-404 Token Revolutionizing NFT Trading

Experimental Ethereum ERC-404 Standard Inspires Competitor: DN-404 Aims to Solve Gas Complications and Slash Transaction Costs

A group of pseudonymous developers has introduced a new, unofficial Ethereum-based cryptocurrency design known as ERC-404. The goal of this experimental effort was to combine cryptocurrency and non-fungible tokens (NFTs) to revolutionize fractionalized NFTs and improve liquidity for digital collectibles represented by virtual currencies. However, ERC-404 arrived with issues primarily centered around gas optimization, resulting in skyrocketing Ethereum transaction fees during the same time as Pandora’s debut, the first token under this standard.