The Ethereum ecosystem contains two types of tokens 👇🏻

1️⃣ Non-Fungible Tokens - NFTS - Non-Fungible Tokens or the so-called ERC-721

2️⃣ Replaceable tokens, which are the rest of the tokens or digital currencies built on the Ethereum network

A few days ago, a new trend was launched for a group of currencies or tokens called ERC404, which is a mixture between fungible tokens and NFTs.

When you buy a full ERC404 coin, a special NFT is printed for each coin. NFTs differ from each other according to their rarity and features.

An example is a project called #DEFROGS, where an NFT is automatically printed in your wallet when you purchase a full $DEFROGS coin, which is currently priced at $3,300 👀 You may be lucky and get a rare NFT whose value is much greater than that, or you can get a regular NFT!

What are its advantages and disadvantages?

Frankly, it is difficult to judge it until now because there is no real use for it!!

As for the negatives 👇🏻

These codes are still an experiment and have not been officially adopted by the#Ethereumteam or community, and the name ERC404 has been given by the project developers only.

Is the field suitable for investment?

Just take advantage of the hype and trend 🤝 In my opinion, it is not a long-term investment, like 99% of projects... The question is how long will the trend continue? What are the projects suitable for investment?

By far the most popular ERC404 project is 👇🏻

$PANDORA $DEFROG $ANON $BASEIC

Do your research and do not invest money that you cannot afford to lose ❤️ I myself am a follower and not an investor in any currencies in the field currently.