ERC-404
The ERC-404 is a hybrid token standard that combines the functionalities of the ERC-721 standard (non-fungible tokens) and the ERC-20 standard (fungible tokens). This means that ERC-404 smart contracts can be seamlessly integrated into any ERC-20 or ERC-721 application (i.e., Uniswap or OpenSea).
By combining the functionalities of both ERC-721 and ERC-20 tokens standards, ERC-404 smart contracts can be highly customizable in defining token economics, which can range from unique, indivisible items (0
decimals) to widely distributable assets with varying levels of granularity (from 1
to 18
decimals).
Xyxyx introduces a fully blockchain-based version of the ERC-404 standard, featuring native Base64-encoded SVG outputs as the tokenURI
.
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