---Original by Panda Brother---
Hello everyone, I am Brother Panda. Recently, most of my brothers should have gone home for the New Year. Today, I will introduce to you the latest concept of picture coins in 2024. Personally, I feel that it is likely to be an innovative concept that is no less than the concept of inscriptions in the future.
Pandora is the first token of the Erc404 protocol. Since it went online a week ago, the floor price has risen from more than 300 US dollars to the current 28,000 US dollars, nearly 80 times in 7 days.
The concept of erc404: image-coin duality.
---Original by Panda Brother---
NFT is like the cards we collect, there are R, SR, SSR. Of course, SSR is expensive but rare, so the liquidity of SSR in the NFT market is not good, while the prices of R and SR with good liquidity cannot be hyped up.
Erc404 allows two different forms of transactions, combining nft transactions and token transactions.
When the card in our hand is SSR, we can sell the SSR card directly (equivalent to NFT transaction).
When we only have R in our hands, we can tear it into pieces and trade it to others (equivalent to token trading). After receiving it, others will automatically form a new card, which may be R or SSR.
This is equivalent to combining the original NFT with ordinary tokens, and adding a function similar to card drawing. It can be imagined that this innovation can not only greatly improve the liquidity of NFT, but also add a new empowerment to the token: NFT card drawing.
---Original by Panda Brother---
The market is still in its early stages and can only be traded in the primary market. Once it is listed on the spot/contract market, the prospects are immeasurable. The leading Ethereum coin: Pandora, the leading Soluna coin: Deforgs, these two can be paid special attention to.