ERC404: EVERYTHING WE KNOW SO FAR ABOUT PANDORA

Summary from the TLDR Crypto newsletter

Pandora, a newly launched crypto token leveraging the new ERC404 standard, is causing a stir in the space. This blog breaks down what an ERC404 token is and why it’s interesting. Contrasting with traditional ERC20 (fungible tokens) and ERC721 (NFTs) standards, ERC404 establishes a hybrid between both types. 1 PANDORA consists of both a fungible token and an NFT giving optionality to the owner that includes fractionalization. It also unlocks some unique mechanics that were not possible with either traditional token standard before.