TLDR Crypto · INNOVATION & LAUNCHES
CELLMATES: A NEW FRACTIONALIZED NFT DESIGN
Summary from the TLDR Crypto newsletter
A new token called CellMates is rolling out a hybrid ERC-20 and ERC-721 token that, similarly to ERC404, provides an aspect of fungibility to NFTs, making them tradeable on both NFT marketplaces and DEXs. Unlike ERC404s and other tokens, this approach allows the same NFT to be traded and retain its attributes and rarity. This differs from the reroll technique that ERC404s utilize upon NFT transfer.