---
title: "ERC-404 token standard, explained"
url: https://diffcoin.com/erc-404-token-standard-explained/
description: "ERC-404 uses a mint-and-burn protocol to enable fractional ownership of NFTs, add more liquidity to the ecosystem, and open up a plethora of new use…"
published: 2024-05-29
updated: 2024-05-29
author: "Mila"
site: "Diffcoin"
---

# ERC-404 token standard, explained

ERC-404 uses a mint-and-burn protocol to enable fractional ownership of NFTs, add more liquidity to the ecosystem, and open up a plethora of new use cases.

[Source link](https://cointelegraph.com/explained/erc-404-token-standard-explained)