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404 Token Open-Sourced SC & dApp Build Out (Conversion System between NFT & FT using Pooled Marketplace Method)
Current Project Status
vote pending
Amount
Received
Received
₳0
Amount
Requested
Requested
₳396,750
Percentage
Received
Received
0.00%
Solution
Develop open-source smart contract allowing NFTs and FTs to convert at set rates via a pooled marketplace (e.g., 1 NFT = 10K FTs, FTs can revert to NFT). This unifies utility and expands use cases.
Problem
While NFTs offer value for IP, token gating, and more, they face issues like illiquidity, capped holders, and CEX listing challenges. The 404 system solves this by enabling seamless NFT-FT conversion.