ERC-404：融合 NFT 獨特性和可替代代幣流動性

ERC-404是一種基於以太坊的創新代幣標準，融合了不可替代代幣（NFT）和可替代代幣的屬性，提供了獨特且可交換的數位資產功能。透過將 NFT 與可替代代幣聯繫起來，ERC-404 允許它們之間的轉換、NFT 的細分以及與其他代幣的互通性，從而解決了傳統 NFT 面臨的限制。

ERC-404: A Novel Token Standard Bridging the Gap Between Fungibility and Non-Fungibility

ERC-404：一種新穎的代幣標準，彌合了可替代性和不可替代性之間的差距

Jakarta, Indonesia - In the rapidly evolving realm of digital assets, non-fungible tokens (NFTs) have gained significant traction due to their unique and non-exchangeable nature. However, limitations such as low liquidity, difficulty in fractionalization, and lack of interoperability with funcible tokens have hindered their broader adoption.

印尼雅加達 - 在快速發展的數位資產領域，不可替代代幣（NFT）因其獨特和不可交換的性質而獲得了巨大的關注。然而，流動性低、難以分割以及缺乏與可替代代幣的互通性等限制阻礙了其更廣泛的採用。

To address these challenges, the ERC-404 token standard has emerged as a groundbreaking solution. Developed on the Ethereum blockchain, this experimental standard seamlessly integrates fungibility and non-fungibility within a single token.

為了因應這些挑戰，ERC-404 代幣標準作為突破性的解決方案應運而生。該實驗標準在以太坊區塊鏈上開發，將可替代性和不可替代性無縫整合在單一代幣中。

The Mechanics of ERC-404

ERC-404 的機制

ERC-404 operates by establishing a connection between an NFT and a corresponding fungible token with an equivalent value. For instance, the Pandora project has introduced a collection of 10,000 NFTs linked to 10,000 PANDORA tokens adhering to the ERC-20 standard.

ERC-404 透過在 NFT 和具有同等價值的相應可替代代幣之間建立連接來運作。例如，Pandora 計畫推出了一系列 10,000 個 NFT，與 10,000 個符合 ERC-20 標準的 PANDORA 代幣相關聯。

When a PANDORA token is purchased from a liquidity pool, a unique NFT known as a "Replicant" is generated and transferred to the buyer's wallet. Each Replicant possesses distinct characteristics, such as color, shape, and other attributes, endowing it with a non-fungible nature.

當從流動性池購買 PANDORA 代幣時，會產生一個稱為「複製品」的獨特 NFT，並將其轉移到買家的錢包中。每個複製體都擁有獨特的特徵，例如顏色、形狀和其他屬性，賦予其不可替代的性質。

Upon the resale of a PANDORA token to a liquidity pool, the associated Replicant NFT is permanently removed from circulation through a process known as "burning." Alternatively, if the token is transferred to a different wallet, the Replicant undergoes "regeneration," acquiring new characteristics that distinguish it from its previous state. This dynamic evolution of digital assets underscores the sustainability and non-fungibility inherent in the ERC-404 token.

將 PANDORA 代幣轉售到流動性池後，相關的 Replicant NFT 將透過稱為「銷毀」的過程永久從流通中移除。或者，如果代幣被轉移到不同的錢包，複製品就會經歷“再生”，獲得與其之前狀態不同的新特徵。數位資產的這種動態演變強調了 ERC-404 代幣固有的可持續性和不可替代性。

Fractionalization and Interoperability

細分化和互通性

ERC-404 also empowers the fractionalization of NFTs, enabling them to be divided into smaller, more manageable units. For example, it is possible to possess 0.5 PANDORA tokens, equating to 50% ownership of the corresponding Replicant NFT. This facilitates the transaction and distribution of NFTs, which can otherwise be challenging due to their indivisible nature.

ERC-404 還支援 NFT 的細分化，使它們能夠分為更小、更易於管理的單元。例如，可以擁有 0.5 個 PANDORA 代幣，相當於相應 Replicant NFT 50% 的所有權。這促進了 NFT 的交易和分發，否則由於其不可分割的性質，這可能會帶來挑戰。

Furthermore, ERC-404 allows for interoperability between NFTs and fungible tokens, fostering the creation of more complex and diverse digital assets. By incorporating both fungibility and non-fungibility within a single token, ERC-404 opens up new possibilities for innovation and utilization across various domains.

此外，ERC-404 允許 NFT 和可替代代幣之間的互通性，促進更複雜和多樣化的數位資產的創建。透過將可替代性和不可替代性納入單一代幣中，ERC-404 為跨各個領域的創新和利用開闢了新的可能性。

Implications for the NFT Ecosystem

對 NFT 生態系的影響

The introduction of the ERC-404 token standard has profound implications for the NFT ecosystem. It enhances the liquidity of NFTs by facilitating fractional ownership and enabling them to be traded like fungible tokens. This increased accessibility and flexibility are expected to attract a broader pool of investors and collectors to the NFT market.

ERC-404代幣標準的推出對NFT生態系統有深遠的影響。它透過促進部分所有權並使 NFT 像可替代代幣一樣進行交易來增強 NFT 的流動性。這種增加的可及性和靈活性預計將吸引更廣泛的投資者和收藏家進入 NFT 市場。

Moreover, the ability to fractionalize NFTs lowers the entry barrier for those looking to invest in unique digital assets. It also supports the development of decentralized financial instruments tailored specifically for NFTs, paving the way for a more robust and sophisticated NFT ecosystem.

此外，對 NFT 進行細分的能力降低了那些希望投資獨特數位資產的人的進入門檻。它還支援開發專為 NFT 量身定制的去中心化金融工具，為更強大、更複雜的 NFT 生態系統鋪平道路。

Future Prospects

前景

As the ERC-404 token standard gains traction, its impact on the NFT industry is likely to be significant. It addresses key limitations that have hindered the widespread adoption of NFTs, fostering a more inclusive and accessible market.

隨著 ERC-404 代幣標準越來越受歡迎，它對 NFT 行業的影響可能會很大。它解決了阻礙 NFT 廣泛採用的關鍵限制，培養了一個更具包容性和更容易進入的市場。

Looking ahead, the integration of ERC-404 with upcoming technologies such as decentralized autonomous organizations (DAOs) and the metaverse holds immense potential for the future evolution of NFTs and digital asset ownership. It is anticipated that this innovative standard will continue to play a pivotal role in shaping the future of the digital economy.

展望未來，ERC-404 與去中心化自治組織 (DAO) 和元宇宙等即將推出的技術的整合將為 NFT 和數位資產所有權的未來發展帶來巨大潛力。預計這項創新標準將繼續在塑造數位經濟的未來方面發揮關鍵作用。