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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
ERC404: A New Standard for the Fusion of NFT and FT, Opening a New Chapter for Web3 Liquidity
In-depth Analysis of ERC404: Pandora's Box of NFT or Liquidity Revolution?
ERC404 is an experimental hybrid technical solution that combines ERC20 and ERC721, featuring native Liquidity and a fragmented semi-homogeneous standard. It establishes a corresponding mutual conversion relationship between NFTs and FTs through the protocol, and based on the characteristics of the protocol, it enables NFTs with transformable built-in attributes.
Unlike the mainstream NFTFi business path, the 404 standard asset series cleverly integrates existing facilities of NFTs and FTs at the standard layer, thereby establishing bilateral liquidity, featuring new characteristics such as "card draw" "native fragmentation" and "AMM liquidity". In the future, if widely adopted by numerous projects, there will be more innovative gameplay, greater imagination space, and development potential.
ERC404 is still in the early stages and has not been long-term validated. Currently, there are uncontrollable defects in the destruction of multiple NFTs, and it has not been included in the formal Ethereum EIP proposals. Pandora is merely the first project of ERC404 and cannot capture actual value from the potential future development and widespread application of ERC404. Its future development depends more on the continuous operation of subsequent project teams.
Recently, the market has also seen some similar standards, such as DN404, ERC-1111, ERC-2309, and ERC-404+. These new standards each have their own characteristics and are attempting to combine the advantages of NFT and FT, bringing new possibilities to the NFT field.
Looking to the future, the Class 404 standard may give rise to new "blue-chip" NFT series in a series of attempts, along with many interesting NFT use cases and scenarios. Possible applications include full-chain Gamefi, functional NFTs, or utility NFTs, among others. Programmable variable attributes and native fragmentation enable more complex value empowerment for these NFTs, leveraging DeFi facilities for accurate pricing and even enhancing financialization gameplay, bringing new development directions to the NFT field.