ERC-404 Under Spotlight
The experimental semi-fungible token standard, ERC-404, combines elements from ERC-20 and ERC-721 tokens. Despite rising popularity, it has yet to secure an official Ethereum Improvement Proposal (EIP) designation. However, its unique attributes, such as enabling fractional ownership of NFTs and enhancing liquidity, coupled with the potential for automated NFT minting and burning processes, suggest a